Reverse Mortgage Lenders May Be The Big Bad Wolf After Grandma
In early August 2016, 73-year-old Mary Taylor opened her mail and found some shocking news: The southwest Houston home she'd lived in for more than 30 years was in foreclosure.
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Former ‘Project Runway’ contestant faces federal charges Source: Cox Media Group
ByadminA contestant from the first season of “Project Runway” was charged Friday with mortgage fraud by federal prosecutors in Charlotte. In 2004, Ilzhoefer was a contestant on ” Project Runway ,” a reality television show that featured 12 or more fashion designers competing against one another. Foreclosure News
Angelo Mozilo and his doomed mortgage machine
ByadminMozilo, the perpetually tanned son of a butcher from the Bronx, co-founded Countrywide Financial in 1969. He built it into an unstoppable mortgage machine that made it easy – evidently too easy – for millions to own a home. Foreclosure News
Conflicts of Laws, Deficiency Actions, and Statutes of Limitations – Oh My
ByadminWhat law governs a deficiency action if the choice-of-law provisions in the note and deed of trust conflict? The Arizona Court of Appeals answered that very question in ZB, N.A. v. Hoeller , No. Foreclosure News
Long-term mortgage delinquency back to pre-financial crisis levels
ByadminHome mortgages that are in some stage of delinquency dropped from 5.2 percent a year ago to 5 percent in September, according to a new report from CoreLogic, an information intelligence company that serves the real estate and mortgage finance sectors. The new data show a drop in delinquencies despite a spike in delinquencies of…
Legal sector gains jobs in April after three down months, data indicates
ABA Journal Daily News
Fitch Affirms Credit Mutuel-CIC Home Loan SFH’s OFH at ‘AAA’; Outlook Stable
ByadminPARIS, June 02 Fitch Ratings has affirmed Credit Mutuel-CIC Home Loan SFH's obligations de financement de l'habitat at 'AAA' with a Stable Outlook. KEY RATING DRIVERS The OFH are rated 'AAA', four notches above CM-CIC HL SFH's parent,Banque Federative du Credit Mutuel's Long-Term Issuer Default Rating 'A+'/Stable, which acts as reference IDR for the programme….