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23 Mar 2011, 7:18 am
Although a number of different strategies have been initiated, there are several that bear mentioning due to the fact that they specifically will cost prospective buyers more money or even the chance to own a home. [read post]
21 Jul 2010, 8:09 am by Anthony F. Maul
  According to mortgage brokers and lenders quoted by the Times, many lenders are interpreting new federal underwriting guidelines to bar the issuance of a mortgage to prospective borrowers who are not receiving their regular salary or wages due to a leave of absence, even where the prospective borrower is receiving temporary income while on leave. [read post]
2 Aug 2017, 8:22 pm by robin.hall@capstonelawyers.com
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]
4 Feb 2016, 8:37 am by Jeffrey Baxter
There are many similarities between the Deed of Trust and the Mortgage, which is what most Iowa property owners are familiar with, but there are significant differences as well, which a prospective owner should be aware of before buying in Arizona. [read post]
16 Feb 2013, 6:43 am by Rich Vetstein
MERS, on whether MERS “has standing to pursue a foreclosure in its own right as a named ‘mortgagee’ with ability to act limited solely as a ‘nominee’ and without any ownership interest or rights in the promissory note associated with the mortgage; whether the prospective mandate of Eaton v. [read post]
21 Apr 2011, 9:11 pm by admin
The mortgage crisis has vastly affected thousands of lives, both from the prospective of the lender and the borrower. [read post]
13 Dec 2007, 10:08 am
This article from US News and World Report questions whether student loans could be the next meltdown after the mortgage crisis.There are growing worries that millions of college and graduate students may have borrowed too much, creating a predicament that parallels the current mortgage meltdown. [read post]
9 May 2024, 1:48 am by Allen Graves
For homeowners grappling with financial difficulties, the prospect of losing a home can be a daunting and overwhelming experience. [read post]
8 Dec 2011, 6:59 am by McNabb Associates, P.C.
The alleged scheme involved the defendants and others arranging for prospective investors to purchase properties throughout central Ohio. [read post]
6 Dec 2017, 1:56 pm by Daniel C. Fanaselle
  This illustrates the need for mortgage lenders to ensure they are painting an accurate picture of their mortgage products at all stages of the origination process – including advertising, loan disclosures, and communications with prospective borrowers. [read post]
12 Dec 2011, 9:31 am
As a Massachusetts bankruptcy lawyer, clients, or potential clients, who are facing the prospect of foreclosure, often consult us. [read post]
26 Jan 2009, 1:46 am
As banks have been foreclosing on delinquent mortgages, the numbers of properties they are holding as "REO" (Real Estate Owned) assets is swelling. [read post]
13 Jan 2014, 8:32 am by Barbara S. Mishkin
MishkinThe House Financial Services Committee has announced that on Tuesday, January 14, it will hold a hearing entitled “How Prospective and Current Homeowners Will Be Harmed by the CFPB’s Qualified Mortgage Rule. [read post]
11 Apr 2022, 11:28 am by Richard J. Andreano, Jr.
A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations. [read post]
24 Mar 2015, 8:57 am by Ken Shigley
Anyone looking for a job, applying for a mortgage or car loan, renting an apartment, getting a cell phone, or seeking a new or ... [read post]
19 Oct 2020, 4:15 am by Geoffrey Lottenberg
COVID-19 pandemic in early March 2020, the legal community immediately became concerned about its economic prospects. [read post]
20 Apr 2018, 10:54 am by Austin Koltonowski
The Consumer Financial Protection Bureau (CFPB) and the Office of Comptroller of the Currency (OCC) [official websites] found that Wells Fargo unfairly failed to follow the mortgage-interest-rate-lock process it explained to some prospective buyers and unfairly administered a mandatory insurance program related to its auto loans. [read post]
19 Oct 2020, 4:15 am by Geoffrey Lottenberg
COVID-19 pandemic in early March 2020, the legal community immediately became concerned about its economic prospects. [read post]
11 Mar 2008, 6:28 pm
Lenders often require these verification forms be submitted with a prospective borrowers’ loan application. [read post]