Miguel del Valle, candidate for Chicago Mayor, is against school vouchers for your kids.
June 19, 2011 by
Filed under reverse mortgage
Miguel del Valle, candidate for Chicago Mayor, is against school vouchers. Why? Teachers’ unions are more important to him than your kids.
16 of 29 – Reverse mortgage less popular than loan against property.MP4
May 16, 2011 by
Filed under reverse mortgage
Adhil Shetty, CEO, bankbazaar.com, Chennai, bit.ly
Calif. settles lawsuit against Countrywide execs
February 3, 2011 by
Filed under mortgage loans
Calif. settles lawsuit against Countrywide execs
The state of California has reached a settlement in a predatory lending lawsuit against former executives at Countrywide Financial Corp. that will pour $6.5 million into a fund to help foreclosed homeowners.
Read more on AP via Yahoo! News
Personal Strategies against a Government Policy Sponsoring Destitution
January 3, 2011 by
Filed under mortgage refinance
The policies being enacted worldwide are drawing down savings, income potential, entitlements, and pensions. The economic tsunami will hit individuals head on. A strategy might be to reduce your consumption profile down towards zero with less reliance on fickle income streams. Even with a narrow economic profile we still cannot avoid this storm, mostly because [...]
Hatch has one less worry: Insurance carrier drops its federal lawsuit against him
June 19, 2010 by
Filed under mortgage insurance
Hatch has one less worry: Insurance carrier drops its federal lawsuit against him
VERO BEACH — While Ira Hatch’s racketeering and grand theft trial is far from over, he has one less legal matter to worry about this week after his former malpractice insurance carrier agreed to drop a federal lawsuit filed against the disbarred lawyer [...]
reverse mortgage. is it against the law if you dont report the person that died to the bank?
May 14, 2010 by
Filed under reverse mortgage
My grandmother passed away 4 months ago. She has a reverse mortgage. Family is renting the house out. It is unknown if they disclosed to the bank that she has passed away. Is this against the law?
Is an annuity refundable against a reverse mortgage loan if the borrower dies before annuity payments are made?
May 4, 2010 by
Filed under reverse mortgage
My Mother had a reverse mortgage loan for about nine years. At the start of the loan ,an annuity premium of $3735.00 was added to the to the loan. This was to pay her if she lived 14 years into the loan.,but she did not . Should that amount be deducted from the total amount [...]
Can the mortgage insurance company (PMI) get a deficiency judgement against me for foreclosing my house?
April 18, 2010 by
Filed under mortgage insurance
My house just foreclosed and now the mortgage insurance company (not the bank) sent me a demand letter asking me to pay for the deficiency. They said they paid the bank for the deficiency and now I have to pay them back what they paid to the bank. Do they have a right [...]