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claims : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "claims"

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Mortgage foreclosure rescue scams (finally) blocked by feds

New rules from the Federal Trade Commission will make it more difficult and costly for bogus loan modification and foreclosure rescue companies to operate nationwide. Unfortunately, the rules are weaker than the standards now used by several states. Under the Mortgage Assistance Relief Services rule, the FTC says that mortgage foreclosure rescue and loan modification [...]

20Nov2010 | | 0 comments | Continued
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Mortgage Modifications: California Says “Prove It”

You see a lot of claims regarding the success of loan modification programs. There’s a ready market for such services because more than 300,000 borrowers per month are now receiving foreclosure notices according to RealtyTrac.com. If you were going to lose your home you’s be interested also. The problem, of course, is that very few [...]

20Aug2009 | | 0 comments | Continued
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California Law Ends Insurance Abuse

Imagine that you call your nearby, friendly insurance provider to ask about coverage — do you have enough? Should you get more? Are you covered in case of this event or that one? And what about pricing? In addition to answering your questions, some insurance companies interpret such inquiries as a “claim” to be reported [...]

15Sep2008 | | 0 comments | Continued
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Subprime Crisis: Serious or Not?

In the past few months there have likely been thousands of articles and blog comments regarding the subprime lending “crisis”. But are such worries overblown? Is there less of a crisis than we think or perhaps even no crisis at all? Speaking at the National Press Club, John Robbins, Chairman of the Mortgage Bankers Association, [...]

1Sep2008 | | 0 comments | Continued
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What is title insurance?

Every property has a history of ownership outlined among local public records. When a property is sold, this history is reviewed to assure that the current seller has title and the right to sell the property. The catch is that property records may not record all possible title defects or claims. For instance, a prior [...]

26Aug2008 | | 0 comments | Continued