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Bankruptcy judge approves Celink stipulation in RMF bankruptcy case

Housing Wire

In addition to removing a major player from the industry, the bankruptcy also ultimately forced Ginnie Mae to assume control over its extensive portfolio of Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS), straining the government-owned corporation’s resources as well as reverse mortgage industry liquidity in the secondary market.

Law 371
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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Expert Witness Testimony: The Indispensable Role of Real Estate Appraisers in Legal Disputes

Boston Appraisal

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.

Legal 148
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The Treasury’s $10B Homeowners Assistance Fund

Housing Wire

Trouble paying for firewood, heating oil or back property taxes for your home because of Covid-19? The funds can, potentially, be used to pay debt owed the government, in the form of delinquent property taxes. The funds can also be used by nonprofit or government entities to make down payment assistance loans.

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When borrowers ‘ghost’ their servicers

Housing Wire

Department of Housing and Urban Development approved housing counseling agencies to do more effective outreach to some of the harder-to-reach borrowers. Properties foreclosed across the country were in the process an average of 924 days in the third quarter of 2021, up from 830 in the same period of 2020. “We

Law 364
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12 Types of Expert Witness Assignments for Appraisers

McKissock

McKissock’s Unlimited Learning Membership is your one-stop, money-saving solution for all CE plus professional development. Tax appeal. Typically, this would be for local property tax appeals. When entities are co-owned, and the co-owners decide to separate, disputes often develop. Learn more. Partitionment.

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Say What? Home-Buying Lingo You Should Know

Zillow

Conventional loan : A home loan not guaranteed by a government agency, such as the FHA or the VA. Days on market (DOM) : The number of days a property listing is considered active. Escrow account : An account required by a lender and funded by a buyer's mortgage payment to pay the buyer's homeowners insurance and property taxes.