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Bankruptcy judge approves Celink stipulation in RMF bankruptcy case
09 Jan 2024 02:11 GMT
… . Nor does it preclude the bankruptcy plan administrator from challenging any … paid property taxes for reverse mortgage borrowers before they became due without … justification or notice. RMF’s bankruptcy status complicates both cases according …
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Counselors Divided on Post-Closing Sessions for Reverse Mortgage Borrowers
29 Oct 2020 23:05 GMT
… senior director of housing and bankruptcy services at Money Management International … initial counseling session. Historically, reverse mortgage borrowers have had a higher rate … of counseling garners from reverse mortgage borrowers, the amount of information …
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Non-profit Network Offers Disaster Relief for Reverse Mortgage Borrowers
15 Sep 2019 18:01 GMT
… Hurricane Dorian, affected reverse mortgage borrowers have another alternative to … director of housing and bankruptcy services at Money Management International … requirements, Boies describes.
“Reverse mortgage borrowers have certain obligations to that …
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A non-traditional program for self-employed mortgage borrowers
04 Jul 2019 08:39 GMT
Traditionally, self-employed mortgage borrowers are more heavily scrutinized by … any kind that means no bankruptcy, no short sale and no …
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RMS Updates Reverse Mortgage Borrowers As Parent Company Restructures
11 Feb 2019 21:14 GMT
Ditech Holding Corporation (NYSE: DHCP), parent company of Reverse Mortgage Solutions (RMS), announced today that it has filed filed for voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code. As a result of the process, some borrower …
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Posthaste: Mortgage delinquency rates in Ontario and B.C. soar as higher payments bite
05 Mar 2024 13:04 GMT
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News
Sharp increase in mortgage borrowers filing for bankruptcy called 'worrying trend … a sharp increase in mortgage borrowers filing for bankruptcy, the report says. Canada … in Ontario and British Columbia, bankruptcy filings spiked by 76.5 …
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No quick recovery for China’s falling home prices
23 Feb 2024 08:35 GMT
… the economic brunt bore by mortgage borrowers.
Although Wu’s apartment escaped … real estate companies filed for bankruptcy between 2020 and 2023, according …
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How to Identify Reverse Mortgage Borrowers’ Top Retirement Risks
05 Jul 2017 20:05 GMT
Retirement planning generally involves the balancing of potential risks to achieve the best outcome for a client. Over at The Retirement Cafe, blogger Dirk Cotton sees nearly 30 of them to consider, including both forward and reverse mortgage issues.
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Judge fines Bank of America $46M for ‘cruel’ treatment of mortgage borrowers
31 Mar 2017 12:24 GMT
A California judge has fined Bank of America $46 million for its “heartless” and “cruel” treatment of a couple as they struggled to prevent losing their home to foreclosure.
In his decision this month, U.S. Bankruptcy Court Judge Christopher Klein said the …
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Judge Fines Bank of America $45 Million for 'Heartless' Treatment of Mortgage Borrowers
29 Mar 2017 01:17 GMT
A bankruptcy judge issued a $45 million fine against Bank of America Corp., calling the bank's treatment of a California couple who fought to save their home "brazen" and "heartless."
Judge Christopher Klein of the U.S. Bankruptcy …