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18 Nov 2014, 4:38 pm by Sabrina I. Pacifici
It sought to overhaul the regulatory structure of Wall Street and the banking industry—from the issuing of simple mortgages for prospective homeowners to protecting consumers who use financial products to the trading of bewildering derivatives between institutional behemoth. [read post]
18 Nov 2014, 4:37 pm by Sabrina I. Pacifici
This section highlights developments concerning affordability of personal auto insurance; portability of auto insurance for servicemembers; force-placed insurance (FPI) for homeowners; and topics concerning life insurance and annuities.The Report then addresses a range of developments – at the state, federal, and international levels – which have occurred or progressed over the past year, and which have implications for the U.S. insurance sector. [read post]
18 Nov 2014, 8:58 am
The mayor contends the neighborhood is “blighted,” and therefore the city is eligible for state money to buy out the homeowners and tear down their houses. [read post]
17 Nov 2014, 9:05 pm by John Mesirow
Further investigation into the incident revealed that the homeowner, and a friend, decided to alternate using a handgun to shoot glass bottles in the basement of the residence, while the third person watched. [read post]
17 Nov 2014, 4:30 pm by Associated Press
The Supreme Court said Monday it will decide whether homeowners who declare bankruptcy can void a second mortgage if the home’s market value has dropped below the amount they owe on the first mortgage. [read post]
16 Nov 2014, 10:15 am by Jordan Pascale, P.L.
At the hearing the bank stated that it was reviewing the loan and asked the court to allow the case to remain open until the bank could complete negotiations with the homeowners. [read post]
16 Nov 2014, 6:21 am by Ray Garcia
Short sales allow homeowners to stay in their home until the property is sold. [read post]
15 Nov 2014, 6:21 am by Mark S. Humphreys
The insured brought a claim under an all-risk homeowner's insurance policy for damage to their home. [read post]
15 Nov 2014, 4:51 am by Patricia Salkin
The court discussed that while the enumerated family types would seemingly allow a homeowner to have, in his “A1”-zoned home, an unlimited number of persons as co-residents who are “related” to him by blood, marriage, or legal adoption, the number of persons who may live in an “A1”-zoned home is limited to four persons when the homeowner’s co-residents are not all related to him. [read post]
15 Nov 2014, 4:51 am by Patricia Salkin
The court discussed that while the enumerated family types would seemingly allow a homeowner to have, in his “A1”-zoned home, an unlimited number of persons as co-residents who are “related” to him by blood, marriage, or legal adoption, the number of persons who may live in an “A1”-zoned home is limited to four persons when the homeowner’s co-residents are not all related to him. [read post]
15 Nov 2014, 2:00 am
Homeowner registration takes place from January 15 to February 15, 2015. [read post]
14 Nov 2014, 9:09 am
There is an agreement that has to be signed by the new homeowner, and it outlines requirements and obligations. [read post]
13 Nov 2014, 4:37 pm by James Hamilton
Chairman Hensarling reported a bill out of the Financial Services Committee, the Protecting American Taxpayers and Homeowners (PATH) Act that would end Fannie Mae and Freddie Mac and the federal government’s role in the securitization process. [read post]
13 Nov 2014, 12:14 pm
Many people are aware that business owners have some level of responsibility to warn of dangerous conditions, but do homeowners have a duty to warn of dangerous conditions? [read post]
13 Nov 2014, 8:27 am by Unknown
If the mortgage company and/or the second mortgage company do not release a person from liability for the unpaid portion, the benefit of a short sale to a homeowner may be questioned.Jordan E. [read post]
13 Nov 2014, 8:13 am by Scott Stewart
Under a reverse mortgage, the homeowner can continue living in the home while converting a portion of the home’s equity into cash payments. [read post]
13 Nov 2014, 7:02 am by John Hochfelder
He also named as defendants the electrical contractor, the masonry contractor and the homeowners but they were all either dismissed before trial or found not liable by the jury. [read post]