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Second Mortgage Loans

September 03, 2015
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Second Mortgage Loans
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Second Mortgage Loans

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Real Estate and Home Loan News



Eighth Circuit holds time limit for MSMLA claims is three years
Lexology (registration)
The borrowers, whose loans were secured by second mortgages on their homes, sued in state court. The case was twice removed to federal court and twice remanded to the state court, with the state court eventually granting summary judgment for the ...


FHA Hopes to Encourage Mortgage Lending with Neighborhood Watch Enhancement
JD Supra (press release)
The Federal Reserve Bank of New York recently did a study which found that, while mortgage loan originations increased through the second quarter of 2015, the increase is only for borrowers with credit scores above 660). See Liberty Street Economics ...

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Analyst's Take on Stonegate; Lots of TRID Resources; Logos on Home Tool Kit?
Mortgage News Daily
Joyce Wilkins Pollison with Lenders Compliance Group was asked, "We have a Down Payment Assistance Loan Program for low to moderate income borrowers in the form of a purchase money second mortgage. This second mortgage loan can be in an ...

and more »

Getting a Mortgage No Easier Than a Year Ago
The FINANCIAL
The FINANCIAL -- Access to mortgage credit tightened in the first quarter of 2015, according to the Zillow Mortgage Access Index (ZMAI). It had been getting progressively easier to obtain a mortgage since 2012, but the first several months of this year ...

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Dallas real estate still kicking but securing mortgage is a hitch
CultureMap Dallas
Since FHA loans cater to lower credit scores but often come with higher costs, an increase in privately insured mortgages would indicate mortgage credit is loosening. • Second Mortgage Prevalence: Home equity loans and lines of credit as a percent of ...

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