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26 Feb 2014, 10:25 am
The couple continued to live together for part of the period when the divorce was pending, and the husband gave the wife $6,000 per month for support and payment of certain household bills, including the mortgage. [read post]
26 Jul 2009, 12:53 pm
Since she moved into the nursing home 18 months ago, her 54-year-old son began cashing her pension checks, took out a reverse mortgage on her home, and wrote checks to himself for large sums of money. [read post]
14 Jul 2014, 9:28 am by W. Kelly Johnson
The settlement marks a reversal from mid-June when the DOJ had threatened filing suit unless Citigroup significantly raised its offer. [read post]
15 Jan 2008, 2:37 am
what else but sub-prime/distressed borrower situations and reverse mortgages held by senior citizens. [read post]
Problems have arisen where calculating an APRC for a mortgage where the reversion rate is lower than the initial introductory rate period. [read post]
8 Nov 2010, 5:22 am
The sole issue on appeal was whether the summary judgment order should be reversed because the lender did not file “a copy of the original note and mortgage prior to the entry of judgment the original mortgage note with the trial court. [read post]
1 Sep 2010, 3:21 pm by Laura Orr
As a blogger with a busy “day-job,” I really appreciate it when others do the research for me.Oregon attorney blogs and consumer and financial law websites offer a wealth of useful information, e.g.1) Foreclosures: Attorney Ben Knaupp has been blogging a lot about foreclosure law, including an 8-part series on: Dealing with Foreclosure in Oregon, that he ran in October and September 2009.2) See also related foreclosure blogging by HOA/condo law attorneys.3) Reverse… [read post]
6 Dec 2011, 4:55 pm
Our securities fraud lawyers represent individual and institutional clients that sustained losses related to non-traded REITs, private placements, principal protected notes, auction-rate securities, collateralized debt obligations, mortgage-backed securities, reverse convertible bonds, high yield-notes and other financial instruments that were mishandled by broker-dealers, investment advisers, or their representatives. [read post]
20 Oct 2014, 7:34 am
The plaintiff appealed from the judgment of the trial court to the Appellate Court, which reversed the judgment and remanded the case for further proceedings. [read post]
15 Dec 2014, 7:23 am
 On appeal, the plaintiff claims that the court improperly (1) found that the parties mutually agreed to extend the maturity date of the mortgage note, (2) determined that the mortgage note provided a ten day grace period for the payment of the final balloon payment, (3) concluded that the defendant satisfied his obligations by being 'ready, willing and able' to make the final payment in April, 2011, rather than by making a 'bona fide offer and tender' of… [read post]
31 May 2024, 2:00 am by Ingrid Evans
ATTORNEY NEWSLETTER Victim Reportedly isolated Herself From Others Reverse Mortgage And Other Tricks Used To Gain Control Victim Estranged From Family At End of Life Many California seniors live in homes whose value has increased enormously over the years at the same time that their income is stagnant. [read post]
Bank of America reversing the Second Circuit’s holding that a New York State law which requires the payment of 2% interest on mortgage escrow accounts is preempted because such law exercises control over a federal power, regardless of the magnitude of its effects.... [read post]
In that case, the Court reversed a Second Circuit opinion which had held that because of preemption a national bank need not comply with a New York law which requires the payment of 2% interest on residential mortgage escrow accounts.... [read post]
8 Jan 2009, 8:23 am
It is anticipated that Citigroup's endorsement of the proposal will make it easier to bring other larger lenders on board quickly.The media also reports that the National Association of Home Builders has also reversed its previous opposition to mortgage cramdown.Jordan E. [read post]
1 Jun 2015, 10:27 am
 To remain consistent with its prior decision, the Court reversed the lower court decisions and refused to void Bank of America’s junior mortgage liens. [read post]