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27 Aug 2012, 5:00 am
These protective advances, if unpaid by the borrower, may also be secured by the mortgage if the mortgage states that it is intended to secure the unpaid balance of such advances. [read post]
25 Mar 2012, 9:19 am
Accordingly, those words only apply to an advance under the original mortgage. [read post]
10 Apr 2008, 9:16 am
Though President Bush has vowed to veto the Senate housing bill currently being considered, his administration announced that it plans to advance homeowner bailout programs of its own, beginning with the expansion of FHASecure, a program that transfers mortgages to prime-rate mortgages insured by the Federal Housing Administration. [read post]
16 Nov 2012, 7:33 pm
Bank of America’s Senior Vice President Eric Tellijohann is the bank’s executive in charge of implementing the National Mortgage Settlement. [read post]
21 Oct 2009, 6:15 am
California has joined nearly two dozen other states in prohibiting foreclosure rescue companies from collecting advance fees for helping homeowners negotiate mortgage loan modifications. [read post]
26 Jul 2010, 3:21 pm
An auction of Ally Financial's Residential Capital unit has advanced into the second round, with some would-be buyers circling the assets, but a sale of the mortgage lender still faces hurdles. [read post]
27 Mar 2020, 9:50 am
Check for subsequently recorded mortgages before advancing money under a dragnet clause! [read post]
27 Aug 2018, 4:00 pm
The mortgagee is the lender that extends the loan – advances the money. [read post]
25 Jan 2016, 4:00 am
Why Lenders Use them Lenders use open-end mortgages to advance loan funds to borrowers while maintaining a first priority lien and without having to issue a new mortgage after each advance. [read post]
23 Mar 2020, 1:20 pm
As advance requirements spike in the coming weeks and months, mortgage servicers will have to draw on such warehouse lines. [read post]
16 Mar 2014, 12:15 pm
In my first post I advanced some basic ideas on the situation of Spanish mortgage debtors. [read post]
1 May 2020, 2:25 pm
While the CARES Act provides substantial relief to borrowers, it does not provide relief to servicers, such as those who service residential mortgage-backed securities and generally have an obligation to advance delinquent principal and interest payments and make certain other advances in order to ensure that their investors continue to receive payments on their investment. [read post]
16 Aug 2008, 5:26 am
Advance fee fraud has been around for centuries and is merely a false promise of something that is too good to be true in return for an advanced payment. [read post]
7 Oct 2014, 8:55 am
The borrower’s lawyer accepts a direction from his/her client as to how the mortgage advance is to be paid out. [read post]
29 Sep 2015, 8:44 am
Tony Huy Havens, 42, Modesto, California, pleaded guilty mail fraud and wire fraud in advance fee and straw buyers mortgage fraud schemes. [read post]
8 Sep 2015, 9:56 am
Mortgage Fraud Blog. [read post]
27 Oct 2013, 7:09 am
Such advanced amount would then be part of the "reinstatement amount" due for such junior mortgage. [read post]
12 Dec 2007, 7:17 am
House of Representatives to advance legislation that would give bankruptcy judges more power to adjust the payment terms of a home mortgage. [read post]
22 Aug 2015, 8:00 am
Reilly: is kind of ironic for the Ninth Circuit, which played such a big role in advancing... [read post]
17 Aug 2009, 7:16 pm
While attending a Texas advanced consumer bankruptcy seminar last week, I was surprised and amazed (I know, I should not have been) to learn that mortgage servicers consider the ability for a consumer to make their mortgage payments by ACH or EFT (electronic funds transfer) as a “Privilege”. [read post]