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3 Jan 2019, 7:24 am by Giskan Solotaroff & Anderson LLP
Class Action Suit Charges That Reverse Mortgage Lender and Servicer Cause Homeowners to Accrue Thousands of Dollars of Debt Central Islip, N.Y. [read post]
2 Jan 2019, 2:55 pm by MOTP
The affirmative defense of quasi-estoppel precludes a party from asserting, to another's disadvantage, a right inconsistent with a position she has previously taken. [read post]
1 Jan 2019, 12:23 pm by Russell D. Knight
A reverse mortgage is a special financial instrument that functions a lot like a mortgage only (obviously) in reverse. [read post]
31 Dec 2018, 8:13 am by Benjamin Herbst
He went as far as claiming mortgage interest deductions and deductions for local property taxes when he didn’t actually have a mortgage or own any real property. [read post]
30 Dec 2018, 4:00 pm by Joe Glantz
A major problem using bitcoins to buy a mortgage-backed property is that mortgages can take weeks to close. [read post]
20 Dec 2018, 7:47 am by Walker & Walker Law Offices
We’re often forced to choose between paying a mortgage or rent and paying credit card bills. [read post]
14 Dec 2018, 2:38 am by Simon Lovegrove (UK)
The FCA and PRA are proposing to amend home finance reporting requirements to address gaps and problems they have identified so that: mortgage administrators submit product sales data (PSD) performance reports on mortgages owned by entities which are not authorised home finance lenders; mortgage lenders: (i) submit PSD sales reports on internal product transfers and further advances; (ii) submit PSD sales reports containing information on any other outstanding debt secured… [read post]
14 Dec 2018, 2:00 am by Adam Goldberg, CEO, Torchlight
Over 40% of elderly family members have financial crises due to poor estate planning; poor veteran assistance information; or misinformation around reverse mortgages, Medicare, Medicaid, or social security resources and rights. [read post]
Providing a boost to those seeking a second Brexit vote, on Monday morning the EU’s highest court ruled that Britain could unilaterally reverse its decision to leave the EU any time before the March 29th. [read post]
11 Dec 2018, 2:00 pm by Gerry W. Beyer
Two major consumer safeguards came into full effect in 2015 pertaining to reverse mortgages. [read post]
4 Dec 2018, 4:15 pm by Joe Glantz
It also sends back the signed papers to the mortgage company. [read post]
2 Dec 2018, 7:49 am by Joel R. Brandes
The instructions shall also advise litigants that, if they have a mortgage, they should speak with an attorney as well as the bank before the transfer is made.(3) Additional Requirement with Respect to Uncontested and Contested Judgments of Divorce. [read post]
2 Dec 2018, 7:49 am by Joel R. Brandes
The instructions shall also advise litigants that, if they have a mortgage, they should speak with an attorney as well as the bank before the transfer is made.(3) Additional Requirement with Respect to Uncontested and Contested Judgments of Divorce. [read post]
25 Nov 2018, 7:21 pm
Dixdale Mortgage Investment Corp. [read post]
For instance while many customers are active and will switch to a new mortgage after the introductory offer has expired, about a quarter don’t switch within 6 months of moving on to a reversion rate, even though many could get a better deal if they did; long-term and lifetime lending is another concern and the FCA is looking to firms to use their common sense to make sure they’re matching the right products to the right consumers; and mortgages are the… [read post]