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21 Nov 2018, 9:06 am
Waterstone Mortgage Corp., No. 17-3609 (7th Cir. [read post]
7 Nov 2018, 2:44 am
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]
5 Nov 2018, 8:18 am
On appeal, the Eleventh Circuit has reversed — finding the whole approach here suspect. [read post]
1 Nov 2018, 8:03 am
Along with deciding which spouse shall remain in the home (assuming the property is not sold as part of the divorce and the proceeds divided), an important consideration is the availability of a reverse […] The post Implementing Reverse Mortgages in Mature Divorce appeared first on Stewart Law Group. [read post]
1 Nov 2018, 8:03 am
The post Implementing Reverse Mortgages in Mature Divorce appeared first on Stewart Law Group. [read post]
31 Oct 2018, 1:37 pm
And the landlord is, effectively, the person entitled to the reversion if it were not for the assured (shorthold) tenancy. [read post]
30 Oct 2018, 9:31 am
What type of creditors (credit cards, mortgages, reverse mortgages, lines of credit, general creditors)? [read post]
29 Oct 2018, 2:01 pm
On October 22, the Federal Housing Administration (“FHA“) issued “revised requirements for Home Equity Conversion Mortgage (“HECM“) servicers when they assign FHA-insured reverse mortgages to the agency for claim payment. [read post]
25 Oct 2018, 12:18 pm
The Ninth Circuit reversed. [read post]
25 Oct 2018, 10:00 am
Reverse mortgages are still expensive and with a home equity line of credit, you must make monthly payments. [read post]
25 Oct 2018, 6:05 am
Waterstone Mortgage Corp. [read post]
19 Oct 2018, 1:57 pm
This mechanism also works in reverse, when housing prices fall, and gets exacerbated because when a borrower defaults, the borrower usually ceases to care for the property, which pushes down the value of nearby properties. [read post]
19 Oct 2018, 8:41 am
We are qualified to handle purchase and sales transactions, mortgage refinancing, permit application and zoning issues, tax liens, and more. [read post]
18 Oct 2018, 12:22 pm
Last month, New York’s intermediate appellate court reversed a grant of summary judgment in favor of plaintiff MBIA Ins. [read post]
8 Oct 2018, 6:00 am
As the scheme progressed, Jones, who was legally blind and lived alone in a two-story house in Moss Bluff, Louisiana, depleted her savings, took out a reverse mortgage and cashed in a life insurance policy. [read post]
1 Oct 2018, 12:00 am
The Florida Court of Appeals reversed the trial court’s summary judgment in favor of Burgess because there was sufficient evidence of the requisite consultation when Goenaga, as JBJ’s title agent, hired Burgess and assigned him the task of preparing the note and mortgage. [read post]
26 Sep 2018, 5:09 am
§ 1715z-20(j) did not alter or limit the lender’s right to foreclose under the terms of the valid reverse mortgage contract where the non-borrower spouse was still living in the home. [read post]
24 Sep 2018, 6:00 am
Common examples are car loans and home mortgages. [read post]
24 Sep 2018, 4:38 am
Even if the earlier decision is reversed, the action will .proceed in Kings County. [read post]
24 Sep 2018, 2:31 am
” Soon afterward, the siblings made a $590,000 per member capital call to retire the mortgage and reimburse their parents for capital improvements to the Bedford residence. [read post]