The bank or other mortgage lender that provides a borrower with the funds to purchase a home often later transfers or assigns its interest in the mortgage to another firm. When this happens, the ...
The Federal Housing Administration (FHA) will allow alternative documentation options and delayed documentation delivery deadlines for Home Equity Conversion Mortgage (HECM) lenders that have been ...
The debtors objected to a proof of claim filed on behalf of a mortgagee based on issues arising from assignment of the mortgage note by the lender that originated the loan. The mortgagee responded by, ...
In July of 2014, the Supreme Judicial Court of Maine (“SJC”), sitting as the Law Court (“Law Court”), decided Bank of America, N.A. v. Greenleaf,[1] which upended residential mortgage foreclosures in ...
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