Military veterans may not realize that one of the benefits available to them is being able to buy a home without requiring a down payment. The Veterans Administration Home Loan Guarantee Program allows a veteran to buy a home priced up to $ 679,650 in Santa Cruz County without a down payment and without the need for mortgage insurance.
Debt collectors have been unable to serve the plastic surgery addict, “Catwoman” dubbed by the press, with court papers detailing her alleged default on a $ 4.5 million mortgage on her posh Trump World Tower apartment. There's more than one way to skin a cat, but the creditors trying to serve socialite Jocelyn Wildenstein with…
Late last year, Fannie Mae incorporated trended data into its Desktop Underwriter automated underwriting platform to provide much more information about borrower behavior in their decision-making. Some studies suggest trended data — which exposes much more granular data about a borrower's payment history on a monthly basis than traditional credit scores — will benefit marginal…
A home belonging to the newest cast member of “The Real Housewives of Orange County” narrowly averted foreclosure Wednesday after she and her husband got a last-minute loan modification from their lender, Register reporter Richard Chang reported today . Alexis Bellino and her husband, Jim, defaulted on more than $ 80,000 in debt payments on…
Dozens of Amsterdam property owners have paid off back taxes and penalties leading up to the city's foreclosure auction later this year, with excess revenue helping offset expenses. Amsterdam Common Council members approved three resolutions last week amending the current budget to increase the controller's office revenue lines approximately $ 90,000 to offset expenses exceeding…
Harden Furniture CEO Gregory Harden says a crushing debt load brought on by a leveraged buyout led to the 174-year-old furniture maker's pending foreclosure sale. Harden, the fifth generation of his family to lead the company, said he decided in 2016 that he needed an equity partner to provide the cash needed for the company's…
The fate of the Waxwood development on Quarry Street will not be determined for at least another month, as Princeton Council has deferred action to its September 25 meeting in order to seek more input and information before making any decision. Foreclosure News
