Search for: "Reverse Mortgage"
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18 Jun 2021, 12:58 pm
Prosecutors claimed Hild played a role in a scheme to fraudulently inflate the value of a reverse mortgage bonds portfolio from 2015 to 2019. [read post]
14 Mar 2011, 10:48 am
It is the saddest of paradoxes: a government-backed financial maneuver intended to free up extra money for struggling older people turns out to have left some widows and widowers on the brink of foreclosure.This week, AARP sued the Housing and Urban Development Departmentover a handful of reverse mortgagesgone awry. [read post]
4 May 2015, 8:19 am
Circuit was reversed. [read post]
25 Mar 2012, 9:19 am
This decision was reversed by the BC Court of Appeal. [read post]
2 Feb 2022, 11:43 am
The Fourth Circuit also reversed the district court’s dismissal of the plaintiffs’ Sec. 14-202(8) Claim. [read post]
23 Jun 2015, 8:03 am
Yesterday the Court of Appeals here in Atlanta reversed a federal criminal conviction in a mortgage fraud case. [read post]
5 Oct 2011, 2:51 pm
Bank (5D10-1687), the Fifth District reversed a judgment in favor of U.S. [read post]
18 Oct 2012, 7:06 am
Reverse mortgages are often just another debt trap aimed at seniors. [read post]
4 Apr 2010, 12:33 am
This reverses a long standing policy that mortgage loan officers were exempt from overtime pay under the administrative employee exemption of the Fair Labor Standards Act. [read post]
27 Mar 2017, 7:33 am
The homeowners purchased the subject property in 1984 and executed a reverse mortgage to the plaintiff in 2008. [read post]
14 Aug 2010, 8:00 am
In Ask the Expert: How the Securities Foreclosure Mess Happened, mortgage loans expert witness Maher E. [read post]
14 Nov 2011, 5:54 am
Federal law provides some exceptions to the "due on sale" clause when the property subject to a mortgage (other than a reverse mortgage) is being transferred as a result of the person's death. [read post]
14 Nov 2011, 5:54 am
Federal law provides some exceptions to the "due on sale" clause when the property subject to a mortgage (other than a reverse mortgage) is being transferred as a result of the person's death. [read post]
2 May 2008, 2:47 pm
" While reverse mortgages may be appropriate in some circumstances (such as when homeowners cannot meet their monthly mortgage payments or cannot pay bills or meet unexpected expenses), FINRA has alerted investors to stay clear of reverse mortgages to finance a lifestyle that they otherwise cannot afford or to pay for investments. [read post]
5 Dec 2014, 6:21 am
Co-authored by Barry Miller and Taron Murakami On Monday, the Supreme Court heard arguments in a pair of cases addressing the Department of Labor’s reversal in its position regarding the exempt status of mortgage loan officers. [read post]
5 Jan 2012, 1:26 pm
In addition to clarifying its position regarding private residential mortgages, the Department’s letter also announced that the Department reversed its original position that installment sales agreements are not a form of selling financing subject to the mortgage licensing requirements. [read post]
10 Sep 2012, 7:44 am
Reversing the district court’s decision, the Second Circuit held that plaintiffs have standing to represent classes of investors who purchased mortgage-backed securities from different tranches than those purchased by the named plaintiff, or even under different prospectus supplements, as long as the securities were backed by mortgages originated by the same lenders and the claims are based on “similar or identical misrepresentations in the Offering… [read post]
20 Oct 2020, 12:04 pm
The HECM program is a reverse mortgage program specifically for senior homeowners age 62 and older. [read post]
9 Mar 2020, 8:43 am
Four Ways You Can Reverse the Tax Sale of Your Home 1. [read post]
26 Jan 2009, 3:53 am
Mortgage-Backed Securities. [read post]