Refinancing

What Factors Establish The Lien Priority Of A Refinanced Loan?

by Valerie Marciano | Jaburg Wilk on 5/17/2013

The legal doctrine of "equitable subrogation" has recently become familiar to lenders who refinanced or will be refinancing existing loans secured by real property....more

Maryland Removes Potential Barrier To Refinance Transactions

by BuckleySandler LLP on 5/16/2013

On May 2, Maryland enacted SB 199, which authorizes a mortgagor to refinance the full balance of a loan secured by a first mortgage or deed of trust without the permission of the holder of a junior lien if (i) the principal...more

CFPB issues report on student loan affordability

by John L. Culhane, Jr. | Ballard Spahr LLP on 5/13/2013

As we predicted at last week’s meeting of the National Council of Higher Education Resources’ Private Student Loan Committee, the CFPB field hearing held last Wednesday in Miami was devoted to student loan affordability. In...more

Summary Of HUD’s LEAN 232 Program E-Mail Blast: Office Of Residential Care Facilities (ORCF), February 28, 2013

by Christine Waldmann Carmody, Blair L. Schiff | Pepper Hamilton LLP on 3/7/2013

In an effort to summarize the highlights of the U.S. Department of Housing and Urban Development (HUD) LEAN E-mail Blasts that we receive, and rarely have time to review in a timely fashion, we at Pepper are providing this...more

President Obama Touts Refinancing Plan in State of the Union Address

by Sacha Boegem, Robert Siegel | Bilzin Sumberg Mortgage Repurchase Group on 2/20/2013

In his State of the Union Address on February 12, 2013, President Obama called on Congress to make it easier for families to refinance their mortgages. Specifically, the President urged Congress to pass refinancing...more

Beware of Intervening Liens in Subordination Agreements

by Scott Michalove | Baker, Donelson, Bearman, Caldwell &... on 2/15/2013

Most lenders that service second mortgages or equity lines have received requests to subordinate their loan to a subsequent refinance loan. Many times these requests come years after the refinance loan was closed. Most...more

CFPB Final Ability-To-Repay Rule Prompts Cautious Optimism from Industry

by Richard J. Andreano, Jr., John D. Socknat, Michael S. Waldron | Ballard Spahr LLP on 1/14/2013

The CFPB has issued its long-awaited ability to repay/qualified mortgage rule, and at first glance, it appears to warrant cautious optimism for the mortgage industry....more

Class Decertification, Case Law Update – Campbell v. First American Title Insurance Company

by Schecter Law on 1/14/2013

A class action is a lawsuit where one or members of a class may sue or be sued as representative parties on behalf of all members. The class action must have the characteristics of commonality, adequacy, numerosity, and...more

Singapore Money Saving Tip - Refinancing In A Recession

by Chris Chua on 10/1/2012

The recent economic downturn have resulted in many of us tightening our belts. Everyone is looking for ways to reduce their spending. We often overlook the very obvious method (and also substantial) savings through...more

Maryland taxes on refinancings to increase – the end of (new) "IDOTS"

by Saul Ewing LLP on 5/23/2012

On May 22, 2012, Maryland's Governor O'Malley signed legislation mandating that indemnity mortgages and indemnity deeds of trust will be subject to recordation taxes. Property owners now have just over a month to refinance...more

Commercial Owners Should Expect Bumpy Road to Refinancing

by Amiel Wade on 1/27/2012

For businesses in the San Jose area or within California requiring more information, contact the Wade Law Group at (888) 909-9430 or email Amiel Wade directly....more

IRS Releases Guidance on Refinancing Projects Financed with Go Zone Bonds

by Butler, Snow, O'Mara, Stevens and Cannada,... on 12/30/2011

The IRS has released Notice 2012-3, which provides that projects originally financed with tax-exempt Gulf Opportunity Zone Bonds (“GO Zone Bonds”) may be refinanced on a tax-exempt basis after December 31, 2011, the date on...more

Top 7 Tips To Avoid Foreclosure

by Andrews Law, PLC on 8/5/2010

7 steps distressed homeowners can take to avoid the foreclosure of their home. Options include: 1. Loan modification 2. Refinancing 3. Litigation 4. Chapter 13 bankruptcy 5. Chapter 7 bankruptcy 6. Short sale,...more

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters