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A return to standard mortgages Larger lenders may still make a mortgage loan if your debt-to-income ratio is more than 43 percent, even if this prevents it from being a Qualified Mortgage. But they will have to make a reasonable, good-faith effort, following the CFPBs rules, to determine that you have the ability to repay the loan.
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NOW SOLD | eBay The home equity theft reporter: florida closing Agent Gets 3 Years In Scam Involving $17M+ In Fraudulently Obtained Mortgages A recent ruling by a Florida appeals court serves as a reminder to all trial judges presiding over. the petition contended that the banks do not own the mortgages and have been fraudulently collecting.
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Home Equity Theft Reporter: The state Department of Justice filed a brief in the 9th U.S. Circuit Court of Appeals, arguing that the Mortgage Electronic Registration Systems, or MERS, can’t stand in for lenders when it comes to county records in what’s called "a non-judicial foreclosure" –.
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