Bankruptcy is not a great outcome for any real estate loan. When a property gets into trouble, though, bankruptcy has its ...
In a recent decision in In re Taing, the U.S. Bankruptcy Court for the District of Massachusetts held that a mortgagee holds a claim that could be modified by a Chapter 11 plan even if the debtor was ...
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What to Say to a Mortgage Lender When Applying to Refinance
To get the refinance you want, you need to explain your goal in words that the lender understands. This is a guide to what to ...
There’s another victim in the mortgage lending industry bloodbath. Dallas-based mortgage originator TexasLending.com filed for Chapter 7 bankruptcy on June 13 after downsizing last year. The lender is ...
If an individual files for Chapter 7 bankruptcy, which discharges their personal obligations secured by a mortgaged property, are they still a “consumer” with a “debt” as the FDCPA defines those terms ...
NEW YORK -- American Home Mortgage Investment Corp. filed for bankruptcy protection Monday, the latest casualty of a mortgage industry that has plunged into distress. The Melville, N.Y.-based ...
Owning a home is a monumental goal, but it also means you're saddled with a monthly payment for the duration of your home loan. Tack on the loan interest payments—with rates still hovering just under ...
After years of a strong labor market and steady wage growth, economic uncertainty is creeping in. Layoffs are sweeping through diverse sectors–ranging from tech to the federal workforce–leaving many ...
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