Ads
related to: selling mortgaged property illegally- First Time Home Buyer
Find Out Why 95% of Closed Clients
Would Recommend Us. Start Today!
- 5-Year ARM Loans
Which Loan is Right? America's Home
Loan Experts Can Help! Apply Now!
- FHA Home Loans
Higher Loan Limits + Lower Rates.
Get Started Today!
- Apply Online Today
Buying or Refinancing, it's Easy to
Qualify. Start Today!
- Refinance Your Loan
Finally, Refinancing Made Simple.
Refinance Online Today!
- Buying a New Home?
Find Out How Much You Can Afford.
Get Started Today!
- First Time Home Buyer
Search results
Results From The WOW.Com Content Network
Some lenders retain servicing rights even after selling a mortgage. If the servicer is changing: Check all the data listed with the old servicer (name, address, email, other contact info) to make ...
A mortgage lender is an investor that lends money secured by a mortgage on real estate. In today's world, most lenders sell the loans they write on the secondary mortgage market. When they sell the mortgage, they earn revenue called Service Release Premium. Typically, the purpose of the loan is for the borrower to purchase that same real estate.
Mortgage fraud by borrowers from US Department of the Treasury [7]. Mortgage fraud may be perpetrated by one or more participants in a loan transaction, including the borrower; a loan officer who originates the mortgage; a real estate agent, appraiser, a title or escrow representative or attorney; or by multiple parties as in the example of the fraud ring described above.
Foreclosure of chattel mortgages (mortgage of movable property) are governed by Sec. 14 of Act No. 1506, which gives the mortgagee the right to sell the chattel at a public sale. It has also been held that as regards chattel mortgages, the law does not prohibit that the foreclosure sale be done privately if it is agreed upon by the parties.
The property is quickly resold after making few, or only cosmetic, improvements. Illegal property flipping often involves collusion between a real estate appraiser, a mortgage originator and a closing agent. The cooperation of a real estate appraiser is necessary to get a false, artificially inflated appraisal report.
Losing your property and equity: Not only will you lose your place to live, but you’ll also lose the money and effort you put into it. This can have far-reaching impacts on your overall wealth.
A restraint on alienation, in the law of real property, is a clause used in the conveyance of real property that seeks to prohibit the recipient from selling or otherwise transferring their interest in the property. Under the common law such restraints are void as against the public policy of
An assumable mortgage can be a major selling point for a home, especially if it has a very low interest rate. However, selling a home with an assumable loan can be a lengthy and complex process.