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How a short sale in real estate works
Yahoo Personal Finance· 1 day agoWhen you're facing severe financial difficulties and cannot make your mortgage payment, you may think that attempting a loan modification
Gotta Buy Now? Why High Mortgage Rates Don’t Have to Hold You Back
The Wall Street Journal· 7 hours agoAfter all, mortgage rates are high, affordability is low and persistent inflation means neither...
Ninth Circuit Holds Loan Modification Made By Unlicensed Lender Violates State Usury Law | JD Supra
JD Supra· 4 days agoThe original loan had been exempt from California’s usury law under an exception in California Civil Code section 1916.1 that allows lenders not licensed in the state to provide ...
What’s the Difference Between a Home Improvement Loan and a Mortgage?
Digital Journal· 3 days agoIn this article, we'll discuss the difference between a home improvement loan and a mortgage to help you make the best decision for your home needs. What ...
Primer on Commercial Real Estate Loan Workouts and Right-Sizing, Part II | New York Law Journal
Law.com· 9 hours agoThis two-part series examines several options for the commercial real estate loan in distress. This...
Behind on mortgage payments? Here's how to apply for state assistance for MO homeowners
Springfield News-Leader via Yahoo Finance· 4 days agoMissouri SAFHR asks applicants if the loan is in default, whether the household has received a foreclosure notice, whether the loan has been in forbearance ...
CFPB Homes in on Mortgage "Junk Fees" | JD Supra
JD Supra· 4 days agoRecent releases from the Consumer Financial Protection Bureau (CFPB) show that the mortgage industry is in the crosshairs of the CFPB's campaign against so-called junk fees ...
Earnings call: Ready Capital navigates higher rates, plans strategic shifts By Investing.com
Investing.com· 2 hours agoReady Capital Corporation (NYSE: NYSE:RC) faced headwinds from elevated interest rates and inflation...
CFPB Bemoans “Junk Fees” in Mortgage Servicing | JD Supra
JD Supra· 7 days agoOn April 24, 2024, the CFPB released its Supervisory Highlights, Mortgage Servicing Edition, (Issue 33, Spring 2024) which provides insight on the...
Pomerancs Default on $23M Loan for Lower East Side Hotel
The Real Deal· 2 days agoThe Pomeranc family is facing financial troubles at its Sixty LES Hotel. A $23 million...