Tag Archives: finance

Florida homeowners win US$2.5m over ‘foreclosure and mortgage abuses’

Florida homeowners

More than 1,700 property owners receive almost $US1,500 from award under the National Mortgage Settlement for ‘unacceptable practices’ More than 1,700 owners of foreclosed property in Florida, United States, are to receive US$1,480 over unacceptable mortgage practices. The claims, which ...

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Is Seller Financing Right for You?

Is Seller Financing Right for You?

If you think lending standards have tightened over the past year, wait until you see what’s in store for next year’s borrowers. “Starting next year, qualified mortgage rules, known as QM, will expose originators to higher legal liabilities on loans ...

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