What gives? – Ralph A: Both questions have to do with new federal laws that were enacted after the mortgage meltdown called the dodd-frank wall street reform and consumer protection act. The law.
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We want to prevent this in the future. Is the servicing company right? – Tania A: Your mortgage lender requires you to escrow your property taxes and homeowner insurance payments so that it can make.
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Stevens has announced a number of actions toward mortgage lenders nationwide for a variety of non-FHA-compliant offenses. The FHA announced a number of settlements with mortgage lending companies.
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David Hollingworth of L&C Mortgages replies: All mortgage lenders will require a deposit of some kind, and the bigger the deposit, the better the choice of deal and lender you are likely to have.
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The SEC says it was a scam, and that in many cases the money wasn’t backed by mortgages at all, but simply went into shell companies owned by Woodbridge CEO Robert Shapiro, who was living the high.
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