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8 Nov 2018, 8:32 am by Neil Burns
  They defaulted on home loans, were forced to move out, but got a Fresh Start, under federal bankruptcy law. [read post]
31 Oct 2018, 10:20 am by Alan S. Kaplinsky
As part of an investigation launched earlier this year into allegations of redlining in the Philadelphia area, the Pennsylvania Attorney General Josh Shapiro recently called on mortgage borrowers and home loan applicants in the Philadelphia area to file complaints with his office “if they believe they may have been victims of redlining or experienced irregularities when looking for a mortgage or home loan. [read post]
30 Oct 2018, 10:58 am by Tim Springer
Provides assistance in the form of rent, gas (including propane and firewood) and electric payments, mortgages, home loans, prescriptions, grocery sore vouchers, and out-of-town bus tickets. [read post]
Straw Buyer – Using a different buyer’s name and credit to secure a home loan, often with some sort of financial kickback to the buyer. [read post]
Straw Buyer – Using a different buyer’s name and credit to secure a home loan, often with some sort of financial kickback to the buyer. [read post]
9 Oct 2018, 5:28 am by Alan S. Kaplinsky
Last week, the Connecticut Fair Housing Center, Inc. filed a complaint against Liberty Bank in Connecticut federal district court alleging that the Bank engaged in discriminatory mortgage lending in violation of the federal Fair Housing Act. [read post]
2 Oct 2018, 7:35 am by MBettman
Case Background Christopher Burd got a loan from Centennial Home Mortgage LLC in September of 2006, and signed a note promising to repay the loan. [read post]
25 Sep 2018, 6:33 am by Stacey L. Valerio
  The Commission’s studies are to include: crypotcurrencies, initial coin offerings, cryptocurrency exchanges and other blockchain technologies; the Model State Consumer and Employee Justice Enforcement Act and similar laws adopted in other states; the possible exemption of retailers of manufactured homes from the definition of mortgage originator in federal law; and the U.S. [read post]
24 Sep 2018, 9:46 am by Cathy Moran
Compare monthly statements A new federal rule requires servicers to continue sending you monthly mortgage statements. [read post]
24 Sep 2018, 3:41 am by Cari Rincker
While some debt, like many federal student loans, goes away upon your death, others do not — like mortgages and home equity loans — leaving your family potentially on the hook. [read post]
14 Sep 2018, 1:51 pm by Marc Soss
In 2014, the decedent, who was married at the time, obtained a reverse mortgage on their Georgia home. [read post]
13 Sep 2018, 4:00 pm by Joe Glantz
Some Florida and Federal Rules That Help Homeowners The federal Consumer Financial Protection Bureau requires that the mortgage servicing company wait until a homeowner is 120 days behind on the bills before starting foreclosure proceedings. [read post]
12 Sep 2018, 4:00 pm by Joe Glantz
Usually, a mortgage company will require that the buyer obtain title insurance in order to get the loan. [read post]
11 Sep 2018, 4:00 pm by Joe Glantz
Mortgage companies and other finance companies want to make sure they can collect on their loan if the property goes into default. [read post]
8 Sep 2018, 8:14 am by Chip Merlin
Insurance agents who sell these policies knowing that a mortgage exists are negligent because various federal laws and regulations generally require that negotiable mortgages are to be protected by replacement cost insurance: Property insurance for properties securing loans delivered to Fannie Mae must... [read post]
7 Sep 2018, 12:30 pm by John K. Ross
Man, once a "legit baller" in the NBA, takes out reverse mortgage on his home, dies within a year. [read post]
4 Sep 2018, 6:46 am by Richard J. Andreano, Jr.
For closed-end mortgage loans, the partial exemption will apply if the institution or credit union originated fewer than 500 such loans in each of the preceding two calendar years. [read post]