Sunday, February 12, 2012

Treasury and HUD’s $3 Billion Effort to Prevent the Jobless from Foreclosing

August 13, 2010 by  
Filed under mortgage insurance

Treasury and HUD’s $3 Billion Effort to Prevent the Jobless from Foreclosing
Their hearts are in the right place, but the concept is flawed and the execution will be a mess. Foreclosure – Unemployment – New Jersey – United States Department of Housing and Urban Development – Mortgage
Read more on The Atlantic

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 [...]

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