Finding guidance from out-of-state court decisions in considering a first-impression issue, the South Carolina Court of Appeals held on June 17 that without supporting documentation, a loan purchaser is barred by the hearsay rule from giving testimony regarding the loan’s ...Read More »
Tag Archives: mortgageFeed Subscription
In his first remarks since taking office as director of the Federal Housing Financing Agency, former Charlotte congressman Mel Watt indicated a shift in policy that may make more loan money available to borrowers. As the regulator in charge of ...Read More »
A majority of consumers now feel it’s easier to obtain a mortgage loan, according to Fannie Mae’s National Housing Survey. Fifty-two percent of respondents in the company’s latest survey said they think it would be easy to get a mortgage ...Read More »
DEAR BENNY: My dad is in his 70s, still working. Mom died a couple years ago and he’s left with a mortgage (remaining balance of $330K on a single-family home) on top of house maintenance, monthly costs and unpaid debts. ...Read More »
New consumer protections taking effect in January are forcing mortgage lenders to change how they do business, but the head of the federal government's new consumer finance watchdog agency said Wednesday it'll give responsible lenders an advantage.
Tagged with: American Mortgage Conference Capital Bank Consumer Financial Protection Bureau consumer protection Dodd-Frank mortgage mortgage lender North Carolina Bankers Association Richard Cordray Rollie Tillman Thad WoodardRead More »
CHARLOTTE – The percentage of Charlotte-region homeowners carrying negative equity on the homes is decreasing more quickly than nationally, according to a report by CoreLogic, a residential property information services provider. At the end of the first quarter of 2013, ...Read More »