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5 May 2011, 9:34 pm by Glenn Matecun
Defendants [borrowers] were entitled to judgment as a matter of law because, pursuant to [Michigan law], MERS did not own the indebtedness, own an interest in the indebtedness secured by the mortgage, or service the mortgage. [read post]
6 Jun 2013, 2:23 pm
Though it may seem surprising given the time that has passed, there's no statute of limitations on mortgage underwriting and the bank will want to make sure you are not financially on the hook for anything even decades after a split. [read post]
5 Apr 2017, 6:25 am by Kelly Phillips Erb
Pease limitations apply to charitable donations, the home mortgage interest deduction, state and local tax deductions and miscellaneous itemized deductions. [read post]
30 Jun 2015, 5:00 am by Mollie Pawlosky
Bank disputed the application of section 615.1, but asserted that even if a statute of limitation barred enforcement of the February 2010 judgment lien, U.S. [read post]
5 Mar 2007, 8:51 pm
The dreadful prospect of having a monthly mortgage loan payment jump 50% made him toss and turn all night. [read post]
1 May 2017, 9:28 am by Lyle Denniston
”  The harm claimed, it added, cannot be only remotely linked to the illegal mortgage practices. [read post]
28 Jan 2014, 7:21 am
Mortgage growth may languish at 3 percent this year, according to Barclays Africa Group.Issuance by the largest banks may be limited to covering maturing securities as credit growth gives way to a slump in consumers' disposable income and as the economy struggles to gain traction. [read post]
12 Feb 2012, 2:37 pm by Mandelman
  There’s also $3 billion that’s supposed to be devoted to the refinancing of underwater but current mortgages, but this fund will only apply to mortgages owned by one of the five banks involved in the settlement… Bank of America, JPMorgan Chase, Wells Fargo, Citibank, and Ally Bank/GMAC… and then, only to those current on their mortgage payments. [read post]
21 Nov 2011, 2:42 am
There is, however, an important exception in limited cases that will allow a home equity line of credit to be reclassified as unsecured. [read post]
27 Aug 2013, 7:25 am by Editorial Board
  The Investors allege that JP Morgan and Bear Stearns made misrepresentations in the offering documents for 47 RMBS concerning the underwriting guidelines used to originate the mortgage loans backing the RMBS, loan-to-value ratios, owner occupancy rates, the credit ratings assigned to the RMBS and the transfer of title of the underlying mortgage loans. [read post]
14 Feb 2011, 4:10 pm by J. Tom Minor, IV
  The report offers these suggestions: A much more limited role for the Fannie Mae and Freddie Mac and a more limited government guarantee in backing mortgages, but with flexibility. [read post]
15 Jan 2009, 8:36 am
" Others can't profitably refinance, often because they hold jumbo mortgages, those above the $625,000 limit for loans that can be bought or guaranteed by Fannie Mae or Freddie Mac in the highest-cost areas.I reiterate that I am not an expert in mortgages, but I suspect a lot of people are frustrated by the incongruity of being unable to lower their monthly mortgage payments on account of the fact that they have bad credit. [read post]
1 Jun 2016, 10:02 am by John L. Culhane, Jr.
Americans for Financial Reform (AFR) has issued a brief in which it urges the CFPB and other federal agencies to adopt strong language access protections to improve the mortgage marketplace for limited English proficiency (LEP) consumers. [read post]
27 May 2010, 4:42 am by admin
A corporation will provide limited liability for the owners of the business; the most they have at risk is what they have invested. [read post]
23 Aug 2012, 6:21 am by Carlos A. Kelly
This last statute, essentially, prohibits a condemnor from transferring property acquired by eminent domain unless the property would be used by the transferee for a road, a right of way, certain utilities, public infrastructure, or other limited, public purposes. [read post]
1 Mar 2012, 11:58 pm
The Law Society of England and Wales and the Solicitors Regulation Authority (SRA) have been granted leave by the High Court to intervene in the case of Godiva Mortgage Limited v Travelers Insurance in which Travelers is arguing that it is entitled to cap cover by aggregating claims made against its insured, Willmett Solicitors, a Berkshire firm now in liquidation.The claims against Willmett arose from the fraudulent activities of one of its conveyancing partners. [read post]
10 Feb 2016, 8:13 am by Cathy Moran
Chase held a junior mortgage on the their home which was way underwater at filing. [read post]