Search for: "Prospect Mortgage"
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5 Jan 2009, 5:58 pm
The mortgage crisis has given birth to a big year for securities suits. [read post]
21 Aug 2014, 8:00 am
Once it was determined that the investor was eligible to obtain a loan, ONM would then create the necessary mortgage loan documentation to submit to a prospective lending institution for potential funding. [read post]
5 Jun 2011, 5:23 pm
The FHA program is meant to give prospective homebuyers who cant afford big down payments an entry into the market. [read post]
21 Sep 2008, 3:58 am
I’m giddy at the prospect of modifying mortgages in Chapter 13 as an alternative to Truth in Lending suits. [read post]
12 Jan 2015, 4:37 pm
Mortgage Fraud Blog. [read post]
27 Aug 2009, 11:16 am
LendingTree, which allows prospective borrowers to get quick offers from multiple lenders, claims Google is about to get into the same business. [read post]
3 Jan 2009, 12:29 pm
The mortgage payment alone should not be seen as the sole cost of owning property - I think it is wise for any prospective homeowner to prepare a detailed budget with projections for all home ownership costs - taxes, insurance, maintenance, increased utility costs, repairs, etc. [read post]
9 Feb 2023, 1:49 pm
” The interpretive rule describes how “digital marketers that are involved in the identification or selection of prospective customers or the selection or placement of content to affect consumer behavior are typically service providers for purposes of the law,” as described in CFPB announcement on the interpretive rule. [read post]
12 Feb 2013, 1:21 pm
Although the effective date of Public Act 97-1164 is June 1, 2013, the new law includes a specific statement of legislative intent that the form of mortgage has always been permissive, such that the law should serve to eliminate the prospect of the In re Crane reasoning being available to aggressive bankruptcy trustees seeking to find reasons to avoid Illinois mortgages. [read post]
3 Apr 2008, 8:42 am
In effect, the old lender gets any prospective upside in exchange for stripping its loan down to the current market value of the home. [read post]
25 Aug 2021, 6:50 pm
In every case, the prospective borrowers of color looked almost exactly the same on paper as the White applicants, except for their race…” [read post]
22 Mar 2011, 4:42 pm
A bank recently sent one of my prospective clients something kinky. [read post]
20 Jul 2011, 9:13 am
In practice, mortgage companies dangle the prospect of reporting future good payment history to credit bureaus as a way for bankruptcy debtors to improve the credit score. [read post]
20 Jul 2011, 9:13 am
In practice, mortgage companies dangle the prospect of reporting future good payment history to credit bureaus as a way for bankruptcy debtors to improve the credit score. [read post]
19 Oct 2009, 2:56 am
There also seems to be every prospect for litigation to emerge in the wake of bank failures caused by commercial mortgage defaults. [read post]
28 Jan 2016, 2:39 am
The customer can bring that reflection period to an end earlier, by accepting the mortgage offer.The wording intends to clarify that, in cases where the mortgage lender does not already require a formal acceptance from the borrower, that the current practice of the conduct of borrower in drawing down the loan, acts as acceptance of the mortgage offer, and creates the contract; this in turn, in cases where the draw-down happens before the end of the reflection period,… [read post]
12 May 2012, 9:04 am
This court found that, in the case of a mortgage, it is the mortgagee who conducts the foreclosure sale, and the statute protects the prospective buyer by requiring the recording so the buyer knows that this mortgagee does have that power. [read post]
14 Feb 2011, 3:54 pm
” The banks had asked the court to apply its ruling prospectively, which would have protected prior foreclosure sales, but the court rejected the request, concluding that the decision brought no significant changes to the existing law and therefore did not warrant a prospective application. [read post]
17 Dec 2013, 9:24 pm
There is a real concern that the Dodd-Frank Act’s mortgage reforms will reduce the availability of mortgage credit because lenders’ fear liability for making mortgage loans that fail to qualify as “Qualified Mortgages” (QM) and are thus potentially subject to an Ability-to-Repay (ATR) defense. [read post]
2 Aug 2017, 8:22 pm
Underwriters at Provident apply guidelines established by the bank in analyzing loan applications to determine prospective borrowers’ creditworthiness and could impose conditions on loan applications based on the underwriter’s analysis or request that Provident make exceptions to its guidelines in certain cases. [read post]