While student loan debt can seem crushing and become a barrier to buying a home, there are multiple ways for borrowers to get a home mortgage. Here are three ways.
What is a second mortgage? Second mortgage definition A second mortgage is a lien on a property that is subordinate to an existing first mortgage. A loan to acquire a home is usually the first lien recorded on a property. Subsequent loans generally require new...
We have all faced emergency situations that we weren’t prepared for, like that unexpected car repair bill or the need for a new air conditioner. When these life events happen, how do you cover the cost? How do you handle such financial situation when you haven’t got...
From the desk of San Francisco lead attorney Alison Cordova: There are deadlines for foreclosure. Which deadline depends on what type of foreclosure and whether there is a maturity date in the note. In 1933, CA adopted Section 725(a) of the Code of Civil Procedure,...
As CNNMoney puts it: “they thought losing their home was bad enough.” Yet many people who lost their homes in foreclosure during the recession are now facing significant collections efforts. Who are these people? Anyone who owed more than their home was...
Zombies! Foreclosure Debt Lives As CNNMoney puts it: “they thought losing their home was bad enough.” Yet many people who lost their homes in foreclosure during the recession are now facing significant collections efforts. Who are these people? Anyone who...
