True or false? If your lender loses the original note on your loan, it can’t foreclose. The answer is: FALSE! That’s a myth, most of the time.
For the lender the note is the most important paper you sign at a real estate closing. Why? Because, if you don’t make your mortgage payments, the lender can’t foreclose without it. What? Didn’t I just say that’s a myth? Yea, I did, but let me explain.. Continue reading →
One of the biggest mistakes you can make after getting served with foreclosure papers is to do nothing, figuring you’ll “just let the house go.” Not only will you lose your home, but the bank will probably get a deficiency judgment against you; that is, a judgment awarding the bank money for the difference between what you owe on the loan, and what the house sells for after foreclosure. Since you probably owe a lot more than your house is worth, Continue reading →
As an attorney whose area of practice often involves the threat of loan default or foreclosure, I typically meet many clients after they are already in the process of losing their home.
Sometimes they can barely afford my services on top of all their other debt, but.. they can’t afford not to hire me. Until now, that is.. I knew there had to be a better solution, and this is it.
If you can’t afford your current mortgage payment, or you’ve fallen behind on your loan, I urge you to do one of two things: Either make an appointment to see me, and pay me hourly to fill out and file all the necessary forms to modify your loan, or.. Continue reading →
mortgage industry Veteran Barry Habib Joins RFC as Chief Market Strategist - MarketWatch (press release)
mortgage industry Veteran Barry Habib Joins RFC as Chief Market StrategistMarketWatch (press release)COLUMBUS, Ohio, Jan 30, 2012 (BUSINESS WIRE) — Barry Habib has returned to the mortgage industry as the chief market strategist for Residential Finance Corp. (RFC), a Columbus, Ohio-based lender. Habib, an American entrepreneur who created the …and more »
Neuberger Berman real estate Securities Income Fund Announces Monthly Distribution - MarketWatch (press release)
Neuberger Berman real estate Securities Income Fund Announces Monthly DistributionMarketWatch (press release)NEW YORK, Dec 30, 2011 (BUSINESS WIRE) — Neuberger Berman real estate Securities Income Fund Inc. (nyseamex:NRO) has announced a distribution declaration of $0.02 per share of common stock. The distribution announced today is payable on January 31, …and more »
Podcast: mortgage crisis, the Euro and the Fed - New York Times (blog)
Podcast: mortgage crisis, the Euro and the FedNew York Times (blog)We’re ending this series of weekly podcasts much as we started %26mdash; with Gretchen Morgenson’s coverage of that crisis and its continuing consequences for homeowners, banks, the broader financial system and the overall economy. She covers this subject in …and more »
Home mortgage Stocks Update on Dec-30 - Beacon Equity Research
Home mortgage Stocks Update on Dec-30Beacon Equity ResearchThese are the best mortgage stocks for today, Friday, December 30, 2011. The stock price for these stocks performed the best in their industry of home mortgage related companies during today’s market hours. Doral Financial Corp. (NYSE:DRL) is currently …and more »
real estate recovery likely to be slow - San Francisco Chronicle
real estate recovery likely to be slowSan Francisco ChronicleFair warning to US real estate players: Resign yourselves to “a slowing grind-it-out recovery” in 2012, as “enduring economic doldrums” continue to weigh heavily on the market. Your best bets: a small handful of “property-wealth islands,” including San …Urban Land Institute Celebrates 75 Years of Leadership In Community Building …Sacramento Beeall 10 news articles »
real estate recovery likely to be slow - San Francisco Chronicle
real estate recovery likely to be slowSan Francisco ChronicleFair warning to US real estate players: Resign yourselves to “a slowing grind-it-out recovery” in 2012, as “enduring economic doldrums” continue to weigh heavily on the market. Your best bets: a small handful of “property-wealth islands,” including San …Urban Land Institute Celebrates 75 Years of Leadership In Community Building …Sacramento Beeall 10 news articles »
Despite Challenging Economic Environment, Churchill mortgage Thrives in 2011 - Insurance News Net (press release)
Despite Challenging Economic Environment, Churchill mortgage Thrives in 2011Insurance News Net (press release)–(BUSINESS WIRE)– Churchill mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 25 states, announced significant corporate growth in 2011, setting new company lending records each …Despite Challenging Economic Environment, Churchill mortgage Thrives in 2011MarketWatch (press release)all 9 news articles »
