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mortgage bank FAQ
I have been granted judgement by small court. Can I garnishee my debtors mortgage bank account?
Mar 26, 2008 by aswh | Posted in Credit
I do not have much information about my debtors work place or bank accounts. However I know for sure they have a home mortgage account. Can I garnishee this account?
A judgment gives you the right to attach any assets owned by your debtor. By mortgage bank account I assume you mean a line of credit on their house they can write checks on. So no you cannot attach a liability. You can houever place a lein on real property
tcfoos | Mar 26, 2008
I assume you mean a US Small Claims court. In most states, such a judgment has not legal weight. So, probably, no you cannot issue a garnishee.
doting grandpa | Mar 26, 2008
Should I have to pay my mortgage bank to cancel PMI?
Sep 07, 2007 by goldspider79 | Posted in Renting & Real Estate
The principle of my mortgage just passed the 20% threshold where I can cancel private mortgage insurance. However the bank notified me that they would have to assess the property to the tune of nearly $300 before they will cancel PMI. Is that standard
no thats unfair
Anto | Sep 07, 2007
why Mortgage bank can't extend your mortgage payment for an extra 3 days to avoid late fees ?
Dec 15, 2008 by nismosr | Posted in Renting & Real Estate
I called my mortgage bank today to request if they could extend my December payment for an extra 3days to avoid late fees and they said No and they can't do nothing about it.
ahh .. I guess I have to suck it up and eat the late fees. thank you
I am not sure why they would do that. You control the late fees, not them. You are the one who decides when you will be mailing that check. Mail it on time.
Landlord | Dec 15, 2008
mortgage bank news
Commission clears support measures for Hungary's mortgage bank FHB
23.02.12
After an
in-depth investigation , the Commission concluded that "the measures were in line with its guidance on state support for banks during the crisis because the revised restructuring plan will restore the bank's viability while ensuring that the distortion of competition created by the
Source: portfolio.hu
Federal Home Loan Bank of Boston: Profits up amid continued mortgage pain
23.02.12
, A chief source of funds for mortgage lending, said today advances to lenders fell $2.8 billion last year, as banks remain flush with cheap deposits amid historically low interest rates.
But preliminary fourth quarter results show net income more than tripled, as as credit losses from mortgage-backed bonds narrowed.
Source: Bizjournals.com
mortgage bank about
Current Mortgage Rates Today at Bank of America
Personal Finance Bulletin - Apr 28, 2011
Home purchase mortgage rates are about the same as they were in mid-December at Bank of America (NYSE:BAC). 30 year fixed-rate mortgages have an interest rate of 4.75% at the bank today with an APR of 4.951%. 20 year fixed-rate loans fell to 4.50% with
Monarch Financial Reports Record First Quarter Performance
PR Newswire (press release) - Apr 28, 2011
Monarch Mortgage is a retail mortgage lender. Non-interest expense grew 21%, with the majority of the increase related to both banking growth and increased production at Monarch Mortgage. Monarch Financial Holdings, Inc. is the one-bank holding company
Mortgage Application Volumes Decrease in US, Even as Rates Dip
World Property Channel - Apr 27, 2011
Based on data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 22, mortgage applications decreased 5.6 percent from one week earlier. There was no adjustment made for Good Friday.
AIG to Sue 2 Firms to Recover Some Losses
New York Times - Apr 28, 2011
These future lawsuits will focus on misrepresentations that AIG claims banks made when selling the mortgage bonds. Bank of America has the largest exposure because it acquired Countrywide and Merrill Lynch. Other banks that underwrote bonds in AIG's