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28 Jun 2021, 8:48 am
As previously reported, the CFPB delayed the mandatory compliance date of the new general qualified mortgage (QM) rule under Regulation Z, which became effective on March 1, 2021, until October 1, 2022. [read post]
28 Jun 2021, 4:17 am
BigLaw wisdom is just a collection of limiting assumptions that are repeated so often that they start to sound like truth. [read post]
25 Jun 2021, 12:14 pm
The FHFA was established in 2008 by the Housing and Economic Recovery Act, amidst the Great Recession to regulate the mortgage industry. [read post]
23 Jun 2021, 10:32 pm
Try to limit them to a few per day at the absolute most. [read post]
23 Jun 2021, 10:32 pm
Try to limit them to a few per day at the absolute most. [read post]
23 Jun 2021, 11:55 am
Last June, the court struck down the removal limitations for the head of the Consumer Financial Protection Bureau. [read post]
23 Jun 2021, 3:30 am
– The Court’s decision suggests important limitations on the theory. [read post]
21 Jun 2021, 3:24 pm
In practice, the usefulness of the defense is limited. [read post]
17 Jun 2021, 7:14 am
The common debts that can be eliminated are: Medical bills Credit card bills Payday loan Student loan relief if you experienced undue hardship However, secured debts such as those with mortgages and other collateral are within the creditors’ rights hence, the debts can be discharged but the property will belong to the lenders. [read post]
16 Jun 2021, 6:53 am
The GAO stated that “[w]ithout those goals and measures, CFPB is limited in its ability to assess and communicate progress on its fair lending supervision and enforcement efforts, key components of CFPB’s mission. [read post]
14 Jun 2021, 8:55 pm
As this will be a time-limited solution, it will be important for borrowers to respond to their lender when they are contacted. [read post]
14 Jun 2021, 4:32 am
Barkalow also challenged the validity of the Clarks’ undocumented loans to OP, telling them “no note, no mortgage, no payment. [read post]
10 Jun 2021, 10:03 am
Most exemptions will protect your property but only up to a limited amount. [read post]
10 Jun 2021, 10:03 am
Most exemptions will protect your property but only up to a limited amount. [read post]
9 Jun 2021, 2:21 pm
” According to the PubCo blog post to which I linked above, the new limitations Gensler proposed to try to address the perceived abuses include: the requirement of a cooling off period (that is, a time lag between the adoption of a plan and when it goes into effect); limitations on cancellation; mandatory disclosure (as it stands now, companies whose executives have trading plans do not have to disclose the existence or provisions of the plans); and… [read post]
8 Jun 2021, 7:49 am
The longer length of Chapter 13 allows for the continued availability of the bankruptcy judge to adjudicate disputes with your mortgage servicer. [read post]
7 Jun 2021, 8:16 pm
Should the mortgage be bifurcated into consumer and nonconsumer parts? [read post]
7 Jun 2021, 8:23 am
Notary PublicDebtors may encumber their immovable property with mortgage bonds or cede various rights in favour of creditors as security (e.g. pledges, cessions, etc.). [read post]
7 Jun 2021, 8:23 am
Notary PublicDebtors may encumber their immovable property with mortgage bonds or cede various rights in favour of creditors as security (e.g. pledges, cessions, etc.). [read post]
7 Jun 2021, 4:38 am
After the fire, Duchess Gardens was unable to pay its mortgage, resulting in a foreclosure lawsuit. [read post]
