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16 Mar 2011, 2:01 am
In contrast, if you can take out a home equity loan and use the proceeds to pay off your tax debts, you will probably be paying at a lower rate than with other types of loans, and the interest payments will be deductible even if the loan proceeds aren't used in connection with the house. [read post]
13 Mar 2011, 7:24 pm by Kevin Funnell
As I've indicated in other posts, I'm no fan of many of the practices of the loan servicers. [read post]
6 Mar 2011, 8:59 am by Ray Mullman
  The loans were underwritten to a 2.60 debt service coverage with occupancy greater than 90%.Walker & Dunlop, a Bethesda real estate finance firm that recently went public, closed on a $104.7 million loan allowing the Ark Holding Co. to acquire a portfolio of 18 skilled nursing homes in South Carolina, North Carolina and Georgia. [read post]
6 Mar 2011, 8:59 am by Ray Mullman
  The loans were underwritten to a 2.60 debt service coverage with occupancy greater than 90%.Walker & Dunlop, a Bethesda real estate finance firm that recently went public, closed on a $104.7 million loan allowing the Ark Holding Co. to acquire a portfolio of 18 skilled nursing homes in South Carolina, North Carolina and Georgia. [read post]
3 Mar 2011, 8:42 pm by Mike
BAC Home Loans Servicing is a mortgage fraud case where the plaintiff borrowed $660,000 from Bank of America in exchange for a deed of trust on her property in Bolina, California. [read post]
24 Feb 2011, 8:37 pm by Mandelman
Strong opposition to the bill’s passage is coming from the Arizona Bankers Association, the Arizona Trustees Association, and Merscorp Inc., three great tastes that taste great together. [read post]
22 Feb 2011, 11:32 am by Kent Anderson
Many home lenders use an entity called Mortgage Electronic Registration Systems, Inc., or “MERS” as a nominal party in loan transactions to facilitate an electronic central registry of note holders and servicers. [read post]
18 Feb 2011, 1:32 pm by WIMS
(Click here for details)Waste Information & Management Services, Inc. [read post]
17 Feb 2011, 8:27 am by Mandelman
AB says that Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., and Ally Financial Inc. [read post]
10 Feb 2011, 7:14 am by Mandelman
  I think the story in the Times put it pretty succinctly… “Out of the five major mortgage servicers — Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co., Ally Financial and Citigroup Inc. [read post]
2 Feb 2011, 4:28 pm by Law Lady
DEBORAH BELFORD, Appellee. 2nd District.Dissolution of marriage -- Equitable distribution -- Unequal distribution -- Marital home -- In supplemental final judgment, trial court erred in awarding former wife half interest in loan from a line of credit secured by the marital home as well as equity in the marital home after the proceeds from its sale were used to satisfy the loan, without findings to justify the unequal distribution -- There is no merit to… [read post]
31 Jan 2011, 4:17 am by Mandelman
  As stated in the COP Report: “Treasury has also failed to hold loan servicers accountable when they have repeatedly lost borrower paperwork or refused to perform loan modifications. [read post]
26 Jan 2011, 1:31 pm by WIMS
South Korean homes now have greater Internet access than we do. [read post]
25 Jan 2011, 12:30 pm by Lucas A. Ferrara, Esq.
With the help of a Recovery Act SBA loan of $250,000, Kendra and Zack were able open the doors to The Penny Ice Creamery in August 2010. [read post]