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27 Sep 2013, 11:04 am
The personal guarantee has long been used to bolster the quality of a commercial loan, real estate loan or business loan. [read post]
25 Jul 2017, 8:50 am by Len Feltoon
Such knowledge can result in saving thousands of dollars. [read post]
13 Nov 2014, 8:25 am by Jordan Bublick
Under chapter 7 unsecured debt, such as credit cards and loans, is discharged, unless it falls within the categories of non-dischargeable debts, such as student loans and some types of taxes.Mortgage ModificationChapter 13 bankruptcy is also used by people who are behind with their mortgages and to save their homes from foreclosure. [read post]
24 Jul 2010, 7:51 am by Mandelman
And it worked to some degree, about 600 homeowners ran reports and used them with their applications for loan modification, but that’s nowhere near enough… everyone in the country that needs to get their loan modified should be using the REST Report… and I think it’s now safe to tell everyone why, because it works and homeowners need to know, so they can have a real shot at saving their home through a loan modification. [read post]
19 Jun 2011, 12:33 pm by Ray Mullman
Unlike a conventional mortgage, none of the reverse mortgage loan amount has to be repaid until the homeowner dies or permanently leaves the home. [read post]
6 Apr 2007, 6:41 am
  But AARP recommends reverse mortgages instead of home equity loans for homeowners older than 62. [read post]
16 Aug 2011, 12:00 pm by Lucas A. Ferrara, Esq.
Many also start with personal loans such as home equity loans or credit card advances, while only a few actually receive bank financing. [read post]
7 Feb 2022, 4:04 am by Todd Carney
Finally, mortgage brokers will sometimes be willing to go beyond their basic role and help you with other financial factors that come with getting a home loan. [read post]
11 Apr 2012, 7:42 am by Ryan Blay
  They want to recover as much as possible on the loan. [read post]
17 Oct 2012, 10:59 am
This was a measure that was born out of the 1980s savings-and-loan scandals, and it allows the government to sue banks for huge sums for violations against federal insurers. [read post]
17 Sep 2010, 6:45 am
Furthermore, he noted that lending standards had tightened pretty significantly, which means fewer people qualify for home loans. [read post]
27 Jun 2011, 6:15 am
Although this will likely not save your home, it may help your chances of receiving another mortgage loan in the future. [read post]
10 Nov 2006, 9:12 am
  The documents you signed also provided that the mortgage loan was secured by specific collateral - usually your home. [read post]
15 Feb 2018, 12:28 pm by Alan S. Kaplinsky
” The bill would add the same language (with the word “section” changed to “subsection” when appropriate) to the provisions in the Home Owners’ Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act that provide rate exportation authority to, respectively, federal and state savings associations, federal credit unions, and state-chartered banks. [read post]
4 May 2015, 8:48 am by Allison Tussey
Eccles misused and abused their positions of trust to prey upon those who were financially vulnerable and desperate to save their homes,” said FBI Special Agent in Charge Eric S. [read post]
7 Apr 2015, 7:15 am by Alan White
While the extreme foreclosure delays of recent years are far from optimal, some of the causes of delays, particularly the better mediation programs, are saving investors money, saving family homes, and saving neighborhoods. [read post]
12 Aug 2008, 3:47 pm
If the homeowner's only reasoning for saving the home is to save their credit rating they are already hindered. [read post]
27 Mar 2013, 10:43 am by Katie Porter
Mixed in with those credit card offers from the same bank that is sending you foreclosure notices might be a real opportunity to save your home. [read post]
27 Apr 2010, 8:00 am by Mandelman
Many homeowners, believing that they are on their way to a loan modification that will allow them to avoid foreclosure and remain in their homes, soon find out that the only difference between them and someone renting a home… is that the renter has more rights and is given more time to move. [read post]