0
Is a contract valid if the title company entered an incorrect mortgage account number?
Wiki User
∙ 11y ago
Is a mortgage valid if they have a wrong date of birth
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Can a mortgage company freeze a bank account after foreclosure?
No
Can your mortgage company attach your savings account if you are behind on payments?
No.
What does account impounding mean?
Account impounding is an accounting term used to describe an account that is maintained by a mortgage company. This account collects hazard insurance, property taxes, private mortgage insurance, and other required payments.
What type of letter should be sent to a mortgage company when your partner agrees on you coming off the mortgage?
First you need to understand that a mortgage company will not normally let one party to a joint mortgage contract off the mortgage. You and your partner can not agree to change the mortgage between you, your contract is with the Mortgage company, NOT YOUR PARTNER.It is not in the Mortgage companies interest to allow a change to an existing mortgage as you are BOTH liable for the payments - if one of you stops paying they will go after the other for all the money.To get out of the situation you have to repay all the money you borrowed and get a new mortgage in just one of your names. This usually means one or other partner has to buy the other out.
Are you required to keep home insurance after bankruptcy discharge?
If your still buying the house and you still owe the mortgage company then Yes. It is a part of your mortgage contract. Failure to comply with the terms of your mortgage contract will put you in default on your mortgage and subject you home to foreclosure. It has nothing to do with whether you filed a bankruptcy or not, it's a totally separate issue.
What services does cenlar mortagage have?
Cenlar is a subservicing company. A company that provides mortgage subservicing will collect your monthly mortgage payments and maintains your escrow account for tax and insurance payments. Many banks use them to handle the maintenance of their mortgage loans.
If your mortgage company shows you in bankruptcy and your not is that grounds for a lawsuit?
If that is the only fact, no. You must suffer some harm, and you have a duty to notify the company that the information is incorrect and give it the opportunity to correct it.
Can you void a mortgage contract because it only has one signature?
If two people were on title and one of them took out another mortgage on the property then the title company is at falt. In this case you have to talk to the title company and perhapes a real estate attorney.
What does it mean when your mortgage company says your taxes have been impounded?
This means that the mortgage company has included your taxes as part of your monthly payment. They take a portion of your payment every month, hold it in an account called an escrow account, and then disburse it according to the requirements of the county that your property resides in.
Does one have to be under contract to have a Sprint account?
No, you do not have to be under contract to have a Sprint account. Sprint offers both contract and no-contract options for their customers. You can choose to have a postpaid plan with a contract or go for a prepaid plan without a contract.
Can the mortgage company seize your IRA or annuity account in Florida?
My mother is 75 and is facing foreclosure on her property. She is concerned of what the mortgage company can seize of her personal property, especially her IRA, annuity and car. What are they legally allowed to take?
Do mortgage companies or buyers purchase homeowners insurance policy?
It is the Homeowners responsibility to provide property hazard insurance under the terms of your mortgage. If the Mortgage company has to purchase it for you then it means your already in violation of your Home Finance Contract and subject to default.
