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29 Jan 2016, 4:24 am by Patrick McGinnis
Apparently some homeowners in DFW are being told by their mortgage company that the mortgage company will keep all insurance proceeds and use the money to pay down on the home loan. [read post]
15 Aug 2011, 9:46 am by Rich Vetstein
Typically, the mortgage lender will not want to allow a condo lien to negatively affect the priority of its mortgage, so it will pay the unpaid condo fees and other charges, then charge them back to the borrower/unit owner. [read post]
10 Oct 2012, 7:27 am
While these limits may seem easy to pass, for many home owners the amount of their mortgage alone instantly excluded them from chapter 13 eligibility because their mortgages were above the secured debt limits. [read post]
23 Jul 2008, 2:00 pm
  In a press release and related rule highlights, the Fed summarized the new rule which, among other things, restricts certain mortgage lending practices defined as "unfair, abusive or deceptive," requires additional notices to mortgage borrowers, and imposes additional restrictions on mortgage lenders' advertising. [read post]
29 Nov 2008, 1:30 pm
Legislation has been introduced to address the rise in mortgage distress among consumers, but much of that legislation is limited in application. [read post]
18 Mar 2008, 12:31 pm
Anyway, as you'll note in my article if you read it, Clinton said the rates he's seen so far on the "agency jumbos" are disappointing compared to the hopes that so many people -- consumers and mortgage professionals alike -- had when the federal government first annouced plans to raise the conforming loan limit to as much as $729,750. [read post]
28 Jan 2008, 4:44 pm
Here's one unintended consequence for the mortgage industry of the announcement last week that the economic rescue package could include a big increase in the conforming loan limit: Borrowers who were about to refinance, or even contemplating a purchase, are holding off until they find out whether the loan limit will indeed go up, said mortgage lenders and brokers I spoke to today. [read post]
25 Dec 2014, 9:44 am by Jordan Bublick
That is, the statute of limitation never even began to run ab initio. [read post]
1 Apr 2009, 6:03 am
Fewer busted mortgages, the thinking goes, will lead to fewer foreclosures, which could potentially slow the rate of decline in home prices…   Read more about New Proposals For Modifying Mortgages [read post]
21 Jan 2007, 7:46 am
Congress detailed limitations on lender requirements for advance deposits in escrow accounts under RESPA in 12 U.S.C. § 2609, which provides: § 2609. [read post]
7 Oct 2014, 8:55 am by Dan Pinnington
The typical wording of this exception provides that, notwithstanding the coverage offered by the policy, the company may deny coverage and has no liability to the insured in the event the proceeds of the insured mortgage are paid to any person or entity other than the registered title holder, the holder of a prior registered encumbrance, execution creditor or other specified, limited types of payees. [read post]
10 May 2008, 1:54 pm
Mortgage repossessions are rising at the fastest rate since 1991. [read post]
19 Oct 2009, 2:56 am
  In addition, as time passes, CMBS investors’ ability to bring ’33 Act claims based on alleged misrepresentations or omissions in the offering documents may face statute of limitations constraints. [read post]
12 Apr 2010, 1:02 pm by On behalf of Bankruptcy Legal Group
Instead, they simply default on their credit cards in order to make their mortgage payments. [read post]
Bublick, Miami-Dade, Broward, and Palm Beach, Florida, Attorney at Law, Practice Limited to Bankruptcy Law, Member of the Florida Bar since 1983 [read post]
2 Jul 2009, 11:35 am by admin
Another common charge in mortgage fraud cases is money laundering. [read post]
25 Oct 2016, 6:01 am by Sherin and Lodgen
Developer’s Lender will seek to limit its liability to the period that it actually possesses the premises which doesn’t include mere foreclosure of the leasehold mortgage. [read post]