eClosing
Latest Posts
Originating: Life Estates: The Changes and the Challenges
Mar 28, 2011Vesting, vesting! 1, 2, 3! When it comes to vesting, there are so many options. Trusts, joint tenancy, community property, tenants in common, life estates. What to choose? Only your borrower and their attorney can make that decision. If they do have their property vested in a life estate, a reverse mortgage is not always a lost cause. There could, however, be potential issues that may ultimately delay or prevent closing. A life estate is a form of ownership of real property. It can be created by any of the methods of voluntary transfer allowed by law, i.e., by deed,
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Texas HOA bill to prevent foreclosures on active military passes Senate
Mar 24, 2011 -
Four AGs say foreclosure settlement proposal promotes strategic default
Mar 23, 2011 -
Connecticut foreclosure mediation bill moves out of banks committee
Mar 22, 2011 -
Texas bill to prevent HOA foreclosures on active military passes committee
Mar 15, 2011 -
DOJ investigating Saxon for military mortgage compliance
Mar 14, 2011 -
Process serving reform calls for renewed transparency, integrity and innovation
Mar 10, 2011 -
Bank of America launches mortgage program to assist servicemembers
Mar 10, 2011 -
AARP Files Suit Against HUD for RM Policies
Mar 09, 2011 -
AARP sues HUD over reverse mortgage foreclosures
Mar 08, 2011 -
BarCap expects industry pushback on mortgage servicing proposal
Mar 08, 2011 -
California lawmakers revive bill that would kill dual-track foreclosures
Mar 03, 2011