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24 May 2016, 9:32 am
Completing the financing picture could be a commercial first mortgage loan from the sponsor credit union to the CUSO, perhaps with customary limited guaranties from some of the non-CU co-investors in the CUSO. [read post]
11 Nov 2014, 9:13 am
The current tax code must also be examined since they have a strong bias against equity and favor both corporate debt and mortgage debt. [read post]
9 Mar 2015, 4:20 pm
Mortgage Fraud Blog. [read post]
14 May 2015, 9:16 am
Mortgage Fraud Blog. [read post]
7 Nov 2011, 6:19 am
As a result, even if a credit union holds a first mortgage on the property, that mortgage is now subservient to the tax lien. [read post]
7 Nov 2011, 6:14 am
As a result, even if a credit union holds a first mortgage on the property, that mortgage is now subservient to the tax lien. [read post]
22 Aug 2012, 2:00 am
A fitting example of the increased regulatory burden within the mortgage market being placed on credit unions can be seen in the NCUA’s reporting requirements of first and second mortgages. [read post]
5 Mar 2015, 7:05 am
” Case Background On November 21, 2001, Appellant Lewis executed a note payable to First Union Mortgage Corporation. [read post]
21 Jan 2021, 7:43 am
As previously reported, the Economic Growth, Regulatory Relief, and Consumer Protection Act (Growth Act), passed in June 2018, created an exemption from the requirement to maintain an escrow account in connection with a higher-priced mortgage loan (HPML) for insured depository institutions and insured credit unions (insured creditors) that meet certain conditions. [read post]
31 Jan 2009, 12:35 pm
--Mortgage cram-downs in bankruptcy. [read post]
23 Apr 2012, 8:20 am
The CEO of one bank talked first. [read post]
3 Dec 2014, 11:32 am
Assistant United States Attorneys Robert Krask and Stephen Haynie prosecuted the case on behalf of the United States.The post Physician-Businessman Sentenced to 108 Months for Mortgage Loan Fraud appeared first on Mortgage Fraud Blog. [read post]
23 Dec 2020, 10:36 am
Regulation Z, which implements the TILA, generally requires creditors to maintain an escrow account for the payment of taxes and insurance on a first lien, higher-priced mortgage loan. [read post]
8 Dec 2009, 12:56 pm
He told me about how the creditor that held the first mortgage had set up a modification with him but the second wouldn’t budge. [read post]
10 Jun 2014, 11:37 am
Although the New Jersey American Civil Liberties Union has traditionally been wary of the use of the power of eminent domain, executive director Udi Ofer has voiced support for the proposal and his belief that the use of eminent domain to purchase underwater mortgages would be permitted under New Jersey law. [read post]
16 Jun 2010, 7:06 pm
The 29 defendants, listed on the attached chart by complaint, range in age from 27 to 77 and live in eight of New Jersey’s 21 counties—Essex, Bergen, Union, Hudson, Burlington, Monmouth, Morris and Passaic. [read post]
7 Dec 2010, 11:57 pm
Whiteside told the plaintiffs she could get them a great deal on a $2.15 million "no cost, no fees" mortgage with 6% interest on a first mortgage, an 8% interest rate on the second mortgage. [read post]
30 Oct 2013, 10:30 am
The creditor, Valley Credit Union, later merged with Citizens Equity First Credit Union. [read post]
15 Jan 2015, 8:49 am
”The post 12 Charged with Using Falsified Settlement Statements to Defraud Lenders appeared first on Mortgage Fraud Blog. [read post]
6 Jul 2011, 10:11 pm
• First NLC Financial Services • Wilmington Finance Inc. [read post]
