Former

Paying taxes on a class action lawsuit against former mortgage lender?

Jun 072011

I received a check from a class action lawsuit (in which I was the class representative and received an award of $ 10000). They were found guilty of setting-up an illegal entity and overcharging individuals fees on securing a loan. I just want to know do I have to pay taxes on the settlement monies I received?

Why does President Obama keep trying to blame former President Bush for the Economic Crisis?

Mortgage Loan 13 Responses »

May 192011

- – – – – The Administration saw this coming, and Barney Frank and Democrats blocked it. Seems we all forgot… – – – – – Sept 11th, 2003 – NY Times’ Stephen Labaton The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis [...]

If a mortgage company is sold, does the buyer have to honor all former contracts?

Mortgage Loan 2 Responses »

May 032011

I am about to start construction on a house and have my constrcution loan thru National City, they will also be the owner of the mortgae when the loan is converted at the end of construction. If NC is sold before the loan gets converted, will the new buyer of NC have to honor the [...]

Can I convert my former loan in my name, I got our divorce and act on my behalf?

Mortgage Loan 2 Responses »

May 012011

I had a quick claim deed w / my name as owner of the house is 5 years. to buy. He first made the loan in his name only because of my bad credit at the time. Now I have more credit and you want the loan, if I decide to sell the house, I’m [...]

Paying taxes, a class action against former bank mortgage?

Mortgage Loan 1 Response »

Apr 302011

I received a check from a class (the class representative and I received a prize of $ 10,000). They were convicted of founding an illegal organization and billing costs on individuals to obtain a loan. I just want to know, I paid taxes on the settlement money I?

Is there something to do about a former employee of Countrywide selling your info?

Mortgage Loan 2 Responses »

Feb 062011

Im sure most of you have received a letter: “We are writing to inform you that we recently became aware that the county employee (now former) may have sold unauthorized personal information about you to third …… this incident included your name, address, personal identification number, the number of mortgages and other loans and application. [...]

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