Posts tagged option arm loans

• The problem with RESPA disclosure regulations is that the package including Good Faith Estimate, Truth in Lending and Itemization of Costs statements have to be sent to the borrower within 3 days of...

  HUD Requiring Lenders to Provide "Good Faith Estimate" Forms to Borrowers -- Will It Work to Prevent TILA Violations?

  Sonia Martinez-Romaih | November 13, 2008 4:55 AMLos Angeles, CA

• I am presently in a foreclosure with Chase Home finance and was told the moratorium does not apply in My case because it was a Fannie Mae that was bought in a block of mortgages by Chase. My situatio...

  JPMorgan Chase: 90 Day Foreclosure Moratorium

  Daniel A Messano Jr | November 11, 2008 7:01 PMLos Angeles, CA

• The moratorium does not apply to all mortgages in foreclosure. It only applies to certain ones and leads Me to believe that it is a ploy to make them look good.

  JPMorgan Chase: 90 Day Foreclosure Moratorium

  Daniel A MessanoJr | November 11, 2008 6:53 PMLos Angeles, CA

• Here's a Keep It Simple Stupid plan that could be implemented immediately. Expand the $7500 Mortgage Interest Tax Credit to all 52 million mortgages. Cost is $300B and the folks that are underwat...

  Two Foreclosure Relief Plans that Don't Require a Government Bailout?

  Jim | October 30, 2008 7:14 PMLos Angeles, CA

• None of those programs will work, the only thing that will work is the rule of law. Hold everyone responsible for their actions, let the foreclosure process work and get the real estate to those tha...

  Two Foreclosure Relief Plans that Don't Require a Government Bailout?

  Darrell Kruse | October 30, 2008 12:05 AMLos Angeles, CA

• Jake, How does someone contact you via email? Paul, Regarding the above plan: 1. How does the bank account for the reduction in asset value on it's book and the 'unknown' furture value of the ass...

  Two Foreclosure Relief Plans that Don't Require a Government Bailout?

  Curtis | October 30, 2008 12:00 AMLos Angeles, CA

• Hi Paul, These plans are interesting, especially #2. But there is a fundamental flaw with both. The lending institutions are broke! At the Aequitas Group we have devised a solution that fixes this...

  Two Foreclosure Relief Plans that Don't Require a Government Bailout?

  Jake Vogel | October 29, 2008 12:58 PMLos Angeles, CA

• I found a website called askmeme.com and I placed my situation on their save my home expression link and I received all my options from different real estate professionals. I received a option from a...

  Two Foreclosure Relief Plans that Don't Require a Government Bailout?

  Joyce | October 29, 2008 10:59 AMLos Angeles, CA

• I read a book called “Mortgage Meltdown” and it really helped me understand that I’m not the only one going through this. I was also able to apply for a grant from a non-profit to help me with my mor...

  Two Foreclosure Relief Plans that Don't Require a Government Bailout?

  kgirl | October 28, 2008 12:12 PMLos Angeles, CA

• Paul: Do I understand that the government bailout plans being adopted or discussed all guarantee the "investors" a profit?

  Two Foreclosure Relief Plans that Don't Require a Government Bailout?

  Steve Lombardi | October 28, 2008 8:33 AMLos Angeles, CA