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14 Jun 2012, 4:58 am
Obviously, if you owe $500,000 on your mortgage and the house is only worth $250,000 today, it’s going to be a long, long time before you have equity in your home. [read post]
13 Mar 2011, 7:24 pm
For those who are unfamiliar with the concept of force-placed insurance (for example, those who escrow for insurance as part of their monthly mortgage payment or otherwise actually honor their obligation to keep hazard insurance in place on their home), Jeff gives a brief explanation of what it is and why it has become controversial. [read post]
16 Jan 2023, 9:17 am
Between 1945 and 1959, African Americans received less than 2 percent of all federally insured home loans. [read post]
18 Dec 2008, 9:11 pm
Although the power to modify home mortgages would lead a large number of persons to seek bankruptcy protection to save their homes, we have to remember that prebankruptcy negotiations take place in the shadow of the law. [read post]
23 Aug 2013, 10:07 am
CARRINGTON MORTGAGE SERVICES, L.L.C., No. 13-0638 - STATE OFFICE OF RISK MANAGEMENT v. [read post]
18 Nov 2010, 5:46 am
Canadians and Americans alike are up in arms over the foreclosure scandal whether they bought winter homes or year round retirement property, scrambling to get answers. [read post]
12 Apr 2019, 2:06 pm
I you purchased a big ticket item such as a car, boat or prefabricated home last year, you can add the taxes paid to your itemized tax return to take advantage of the deduction. [read post]
29 May 2020, 11:50 am
To qualify, small businesses and other organizations must use the PPP loan proceeds on payroll costs, interest on mortgages, rent, and utilities. [read post]
30 Aug 2009, 3:45 pm
• The Mortgage Bankers Association reports that 13.2% of mortgages on homes with one to four units were delinquent on their mortgages during the second quarter. [read post]
28 Jul 2011, 7:54 pm
They also buy homes, or can pay their existing mortgage. [read post]
18 Nov 2011, 6:32 am
In other cases, banks couldn't even prove who owned the mortgage, as they are typically sold in bundles to investors. [read post]
19 Mar 2007, 1:25 pm
The agreement provided that Kelly would pay J&B Builders $1.7 million for the home and lots under the following schedule: a $10,000 deposit payable with the contract, an additional sum of $300,000 payable upon Kelly delivering a mortgage commitment, and the balance of $1,390,000 payable upon closing or passing of the deed.When the builder failed to qualify for the project's financing, Kelly sought construction financing himself. [read post]
25 Jun 2007, 8:05 pm
" Her take on current proposals to regulate subprime mortgage lenders and brokers in Massachusetts: "I applaud the licensing and counseling concepts, but legislators must accept that home buyers deserve the bulk of the blame for the foreclosure crisis. [read post]
30 Aug 2011, 7:15 am
Such ripoff artists now take advantage of internet sales schemes that enable them to pick the pockets of American consumers far more easily than ever before. [read post]
17 Jul 2013, 2:52 pm
HOME STRETCH, Baby! [read post]
28 May 2012, 6:24 am
Young families with mortgages that exceed $100,000 under normal circumstances are not considered to be in dire economic straits, even though their homes can be taken if they fail to meet their mortgage payments, and they are only investing in more comfortable living arrangements. [read post]
22 Feb 2010, 3:42 am
Dellutri also sits on the Board of American Board of Certification. [read post]
31 Oct 2011, 4:14 am
I’m only asking because it’s hard for me to imagine that there’s anyone, at this stage of what’s definitely not a game, that wouldn’t readily agree, the American Bankers and Mortgage Bankers Associations, Financial Services Roundtable, and American Securitization Forum, et al, notwithstanding. [read post]
12 May 2011, 4:22 am
Up until now, of course, the issue of principal reductions has been a bit of a third rail with the American public. [read post]
9 Apr 2008, 1:45 am
As credit card debt mounted, debtors refinanced their homes. [read post]
