0
The purpose of "fall away" FMBs is to ultimately replace an existing first mortgage indenture with an unsecured note financing program or a modernized first mortgage indenture. Information comes from: http://docs.cpuc.ca.gov/published/Final_decision/56311-03.htm
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What effect does Foreclosure have on credit?
There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
What is the solution of house foreclosure?
There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
Your husband passed away you have joint mortgage do you still have to pay mortgage?
yes
How does it take for a you to get kicked out of your house under a foreclosure?
That depends what state you reside in . There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
How long does it take for a foreclosure to go off your credit?
Seven years! There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
What is the solution of house foreclosure?
There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
What effect does Foreclosure have on credit?
There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
Your husband passed away you have joint mortgage do you still have to pay mortgage?
yes
What are some house refinancing tips for senior citizens?
The first would be not to fall prey to the reverse mortgage trick. Seniors will basically be giving their home away. The best thing to do is use the equity in their house to pay off higher interest bills.
How long does a foreclosure appear on your credit?
Seven years! There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
How does it take for a you to get kicked out of your house under a foreclosure?
That depends what state you reside in . There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
How long does it take for a foreclosure to go off your credit?
Seven years! There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
Which is the act of taking away a mortgage?
The act of taking away a mortgage is known as mortgage discharge or mortgage payoff. It refers to the process of paying off the outstanding balance on a mortgage loan, thereby releasing the borrower from the obligation to repay the debt. Once the mortgage is discharged, the borrower gains full ownership of the property.
Filed chapter 7 bankruptcy is second mortgage gone?
If you are keeping your house and you have a first and a second, your second will not go away. If you are letting your house go, then the first and second will go. If your house is more than or equal to your first mortgage and you file a chapter 13, then your second will be "gone" in the end.
What is the foreclosure process on your house?
That depends on your state. The laws for foreclosure are set by state. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
Does mortgage insurance pay off mortgage for inheritors?
Mostly, mortgage insurance plans are made to protect the home of the insured, if they fall ill, meet an accident or discontinue their job due to some reasons. Even if they pass away while the mortgage insurance is active, the inheritors don't have to pay for anything and the insurance provider takes care of the pending mortgage debt as that family members can live in their home happily. Hence, the short answer is Yes, they do. If you are willing to know more about mortgage protection insurance, you can visit optinsure.com for the same.
What services are available to help determine if one should simply walk away from a home mortgage?
One should contact the bank or mortgage company where one obtained the mortgage. This institution can provide all of the information needed to determine if one should simply walk away from a home mortgage.
