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25 Oct 2010, 5:09 pm by Gallagher & Associates Law Firm
While the terms of most mortgages give banks the right to secure a vacant property and confirm that the borrowers reside in home, lenders are using this as collection effort where the representative will misrepresent the foreclosure process and threaten an immediate ejectment from the home. [read post]
20 Sep 2010, 11:41 am by Steve Bainbridge
Why you can't refinance your home mortgage because other people stopped paying on theirs? [read post]
4 Aug 2022, 8:00 am by Len Feltoon
America has not seen the recent inflation figures in decades. [read post]
10 Jan 2015, 12:46 pm by Dheeraj K. Singhal
While the business of America may be business, the American way of life may be debt. [read post]
25 Jan 2012, 11:08 am by Daniel Shaviro
Phasing out home mortgage interest deductions and the exclusion for employer-provided healthcare at the high end has potential appeal, especially since these are bad items in a tax policy sense but are both politically sacrosanct and would be a bit economically disruptive to yank away for everyone else cold turkey. [read post]
9 Oct 2008, 12:13 am
It's basically a repeat of the 1930s Home Owners Loan Corporation (HOLC), which purchased defaulted mortgages at market value (requiring a new appraisal) and then modified them into 30-year fixed rate mortgages. [read post]
12 Jul 2011, 4:00 pm by Mandelman
 Home values used to be a big part of America’s retirement plan, so as they fall, people save more… they borrow less. [read post]
18 Nov 2012, 4:24 pm by Mandelman
  Keep in mind that today’s FHA insures a portfolio of about $1.1 trillion in home loans, which is roughly 15 percent of all U.S. residential mortgages. [read post]
21 Aug 2012, 9:55 am
Bank of America's plan, meanwhile, does involve homes that it actually owns. [read post]
23 Aug 2008, 12:31 am
People keep borrowing more, and if they can't borrow on their home equity, they just run up the debt on their credit cards. [read post]
5 Mar 2008, 8:44 am
The home loan delinquency rate last November on subprime mortgages issued in 2007 was over 11 percent, even though these loans have not yet experienced interest rate increases. [read post]
2 Apr 2013, 4:18 pm
Given what so many of us have been through -- in my case, being told to stop payment on my mortgage to qualify for a loan modification that Bank of America has no intention of giving me -- it is criminal for the Legislature to even consider narrowing our rights. [read post]
9 Jun 2012, 3:17 pm
Anyone who takes the leap and requests a review will get one as long as they meet certain criteria: Mortgages had to be in the foreclosure process in 2009 or 2010 The mortgage must be on a primary residence The mortgage must have been serviced by one of the 14 servicers or their affiliates, including Bank of America, JPMorgan Chase, Citibank and Wells Fargo. [read post]
26 Dec 2006, 5:25 am
In 1988, Tracie Evans obtained a loan from First Nationwide Bank, secured by a home mortgage on her cooperative apartment. [read post]
6 Apr 2012, 7:12 am
Rubin Lublin LLC, Michael Bourff of Georgia appealed from the dismissal of his FDCPA case against a law firm seeking to collect on a mortgage debt owed to BAC Home Loan Servicing. [read post]
17 May 2018, 8:36 am
  But I just want you to know: if you are falling behind on your mortgage or getting screwy statements that suggest your mortgage servicer isn't crediting your payments properly, or you have received ANY letters from ANYONE suggesting your home loan could be in default, you need to find a lawyer to help you understand what's going on, and what will happen. [read post]
24 Jun 2009, 11:26 pm
Many, like Residential Loan Centers of America are simply shutting their doors. [read post]
15 Jul 2008, 7:42 pm
., and sought a loan modification that would permit him to keep his home. [read post]
8 Dec 2013, 9:35 pm by Walter Olson
It helped negotiate the extraction of $42 million from Wells Fargo, and is pursuing tens of millions in claims against Bank of America and other lenders. [read post]