Search for: "Affordable Mortgage"
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19 Aug 2021, 8:42 am
If the mortgage company is insisting on a repayment plan you can’t afford, there may be a few options. [read post]
24 Apr 2019, 8:52 am
The charges arise out of Pena’s scheme to defraud Ginnie Mae, a government-run corporation charged with making housing more affordable by injecting capital into […] The post Mortgage Company President Sentenced for Defrauding Ginnie Mae appeared first on Mortgage Fraud Blog. [read post]
28 Jul 2019, 8:16 pm
The Federal Housing Administration insures most reverse mortgages and changed the rules of its Home Equity Conversion Mortgage program to try to reduce the number of reverse mortgage foreclosures: Borrowers must pass a financial risk assessment that determines whether they are likely to be able to afford taxes and insurance on the home; and Lenders can offer a Lifetime Expectancy Set-Aside, which uses a portion of the borrowed money to pay for property expenses.… [read post]
7 Dec 2011, 7:27 pm
My client could afford to make his regular mortgage payment, but to pay that in addition to such a high percentage of arrears was too difficult for him. [read post]
19 Apr 2008, 10:45 pm
He usually thought the homeowner could afford the mortgage. [read post]
3 Mar 2009, 10:26 am
Our Anaheim mortgage loan modification attorneys have successfully renegotiated the terms of mortgages to levels our clients can afford, including non-traditional or "subprime" mortgages. [read post]
16 Feb 2012, 5:48 am
This includes 56,000 proprietary modifications and 23,000 trial modifications that became permanent through the Home Affordable Modification Program (HAMP). [read post]
23 Jul 2012, 11:55 am
On July 13, Treasury issued a supplemental directive to provide guidance to servicers for compliance with the requirements of the Dodd-Frank Act and Making Home Affordable requirements related to borrower identity and owner-occupancy for non-GSE mortgages. [read post]
30 Oct 2021, 6:50 am
Regardless of who recorded first at the registry of deeds, that statute affords priority to mechanic’s liens except in two scenarios. [read post]
5 Oct 2011, 10:39 pm
Indeed, it would be a cruel irony if a bankruptcy filing freed you at last from a heavy debt burden, enabling you to finally afford a house payment, only to find that you were now a member of a no-credit underclass, shunned forever by mortgage lenders, permanently consigned to a cot in your parents' basement. [read post]
5 Oct 2011, 10:39 pm
Indeed, it would be a cruel irony if a bankruptcy filing freed you at last from a heavy debt burden, enabling you to finally afford a house payment, only to find that you were now a member of a no-credit underclass, shunned forever by mortgage lenders, permanently consigned to a cot in your parents' basement. [read post]
21 Feb 2011, 8:07 am
Alternative lending assistance sought: The Journal notes that, because many potential homebuyers cannot afford a 22 percent down payment, there’s been an uptick in applications for mortgage assistance programs designed to help select groups of people (including veterans). [read post]
3 Mar 2012, 4:05 pm
An affordable and experienced attorney in the Phoenix, AZ area is easy to find. [read post]
15 Feb 2010, 6:36 am
It is often said that the mortgage meltdown was caused, at least in part, by lenders pushing huge debts that they knew the borrowers could not afford. [read post]
30 Aug 2019, 8:48 am
Since most buyers can’t afford to pay the full amount, most will purchase it through mortgage financing. [read post]
19 Feb 2009, 8:50 am
The Treasury released details about the Homeowner Affordability and Stability Plan, including a summary of the proposal to encourage mortgage modification and several illustrations about how the plan is designed to work and answers to potential questions. [read post]
1 Apr 2012, 6:18 am
The clients were hoping to reduce the mortgage payment to an amount affordable with the wife’s income. [read post]
10 Jan 2013, 12:01 pm
The rule will ensure that a borrower should be able to afford their mortgage payment. [read post]
25 Feb 2010, 7:27 am
The Mortgage Bankers Association (MBA) announced today a proposal for a new voluntary forbearance program that would allow qualified borrowers who have lost their jobs to remain in their homes while they seek new employment.According to the proposal, loan servicers would reduce the borrower's mortgage payment to an affordable amount for up to nine months while the homeowner seeks employment. [read post]
26 Apr 2009, 4:29 pm
As many homeowners have found it increasingly difficult to make ends meat and afford their home mortgage payments, mortgage defaults and foreclosure proceedings have risen. [read post]
