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Watch the Latest Appraisal
News Headlines - mortgage bankruptcy


Investor's Business Daily

The High Cost Of Not Paying Your Bills: Puerto Rico's Bankruptcy Bodes Poorly For Its Future
Investor's Business Daily
For instance, homeowners can't get out of their mortgage via bankruptcy because to get the mortgage they pledge their house as collateral. Companies often pledge certain assets to back their loans as well. In the last few years, however, there has been ...

and more »

JD Supra (press release)

Massachusetts Bankruptcy Court Confirms that Chapter 13 Debtors May “Strip Off” Second Mortgages
JD Supra (press release)
Caulkett does not affect a chapter 13 debtor's ability to strip off a second mortgage. In Caulkett, the Supreme Court held that a debtor in a chapter 7 bankruptcy may not void a junior mortgage lien under 11 U.S.C. § 506(d) when the debt owed on a ...


Macleans.ca

These are the most common myths about bankruptcy in Canada
Macleans.ca
Even while the bankruptcy is still on your report when you apply for a mortgage, most still get approved in our experience. CMHC will guarantee a mortgage within three years of your discharge from bankruptcy depending on your financial situation.


NJ.com

'RHONJ' star Teresa Guidice writing new tell-all, gets good news in bankruptcy case
NJ.com
In 2013, federal prosecutors indicted them for bankruptcy fraud as well as for conspiring to defraud lenders to obtain millions in mortgages and construction loans. Joe and Teresa pleaded guilty in 2014 to five and four counts of the indictment ...

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WVLT

Former 'Dance Moms' star Abby Lee Miller sentenced to prison for bankruptcy fraud
WPXI Pittsburgh
Miller filed for bankruptcy after defaulting on a $245,000 Florida condominium mortgage and a $96,000 mortgage on her dance studio in Penn Hills, a Pittsburgh suburb, her bankruptcy lawyer said. Miller has 45 days to report to prison, and asked the ...
Prosecutors: 'Dance Moms' star hid income from court in bankruptcy caseWVLT
Dance Mom to Dance Con: Abby Lee Miller Gets Year in PrisonU.S. News & World Report
Ex-'Dance Moms' Host Abby Lee Miller Sentenced To Prison In Fraud CaseDeadline
PEOPLE.com
all 217 news articles »

Fannie Mae Allows Home Owners to Swap Student Loan Debt for Mortgage Debt
Inside Higher Ed
Fannie Mae, the largest backer of mortgage credit in the country, has issued new guidelines allowing home owners to refinance their mortgages to pay off their student loan debt. The option to essentially swap student loan debt for mortgage debt is an ...

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Forbes

Can Student Loans Be Discharged In Bankruptcy?
Forbes
Josh Cohen: Private loans, unlike a mortgage or car debt, cannot be cancelled as easily in bankruptcy. Worse, many private lenders require a co-signer. That means two people are in trouble if the loan is not paid. The number of parents who are caught ...
4 Loan Forgiveness Programs for Teachers - ED.gov BlogED.gov Blog - U.S. Department of Education
Trump to propose scrapping beleaguered student loan forgiveness program — reportMarketWatch

all 111 news articles »

11th Cir. Holds Post-Discharge Monthly Mortgage Statements Not Prohibited
Lexology (registration)
In so ruling, the Court also rejected the borrower's allegations that the monthly statements the mortgagee sent to the borrower after her bankruptcy discharge were impermissible implied assertions of a right to collect against her personally. A copy of ...


JD Supra (press release)

Discharge In Bankruptcy Without Reaffirmation Is Not A Shield And A Sword
JD Supra (press release)
Many borrowers use bankruptcy as a shield against a lender's foreclosure action. Some also try to use bankruptcy as a sword to bring up defenses that stem from the mortgage contract to defeat a foreclosure. A recent second district case, PNC Bank, N.A. v.


Business Insider

One of Canada's largest mortgage lenders just imploded
Business Insider
One of Canada's largest mortgage lenders just imploded, and it may have serious consequences for Toronto real estate. Home Capital Group, a publicly traded company that engages in non-prime (a.k.a. subprime) lending, saw its stock drop over 60% in a ...
Canada's Housing Bubble Explodes As Its Biggest Mortgage Lender Crashes Most In HistoryMINA
Home Capital shares plunge after mortgage lender seeks $2 billion credit line as deposits declineFinancial Post

all 134 news articles »
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