November 15, 2016Mortgage Foreclosure and DivorceWill a Divorce Affect Your Mortgage Foreclosure? If a couple divorces at any time during the foreclosure process, the jurisdiction of the court […]
November 15, 2016What is the FHA-HAMP Program?It is important to note that the general HAMP criteria do not apply to FHA, VA, or RHS loans. With FHA loans, […]
November 15, 2016Federal Housing Administration – FHA LoansFHA-insured loans are issued to lower-income Americans to assist them in securing the financing necessary to purchase a home they would typically […]
November 15, 2016Evictions and Foreclosure in ChicagoEviction is the final step in a foreclosure sale. It is a court-supervised procedure used to remove from a property those who […]
November 15, 2016What are Zombie Titles?Homeowners Nationwide are the victims of “Zombie Titles” A disturbing new trend has emerged as the foreclosure crisis continues to ravage large portions of […]
November 15, 2016Who Securitized My Mortgage?Originators can maintain a connection to the original asset even after transferring it, by performing the role of a “servicer.” The servicer is […]
November 15, 2016Where Did My 401K Go?Mortgage Backed Securities: A False Sense of Security The high positive ratings of Mortgage Backed Securities by the rating agencies gave false […]
November 15, 2016Truth in Lending Act (TILA) Violations & Right of RescissionWhat is the Truth in Lending Act? The Truth In Lending Act (“TILA”) is a federal statute designed to require creditors to […]
November 15, 2016The Truth in Lending Act (TILA)What is the Truth in Lending Act The Truth In Lending Act (TILA) is a federal statute that requires creditors to disclose […]
November 15, 2016Predatory Servicing by LendersPredatory servicing is a term used to describe the unfair, fraudulent, and deceptive means employed by lenders and servicing agents after the […]
November 15, 2016Real Estate Settlement Procedures Act (RESPA)RESPA was instituted to protect the residential homeowner by requiring a full disclosure of all settlement costs and payments made at the […]
November 15, 2016Predatory LendingPredatory lending is a term used to describe the process by which one party imposes unfair and abusive loan terms on borrowers. […]