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stated income home equity loan News

Paperwork you need to get a home mortgage - Bankrate.com


Paperwork you need to get a home mortgage
Bankrate.com
Many self-employed borrowers used to be able to get loans with little or no income documentation, but no more. "There is no more 'stated income,'" says ...

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NAPPO v. MERRILL LYNCH CREDIT CORP. - Leagle.com


NAPPO v. MERRILL LYNCH CREDIT CORP.
Leagle.com
In April, 1999, she applied to the defendant for a $250000 home equity credit line, to be secured by a mortgage on her property in Avon. ...

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Low Rates Keep Local Lenders Busy - Patch


Low Rates Keep Local Lenders Busy
Patch
Richard Cassiano, owner of North American Resource Capital, said even rates on stated-income loans, which don't require borrowers to verify income and are ...

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Fed Says Reverse Mortgage Loans Pose Risks - ABC News


Fed Says Reverse Mortgage Loans Pose Risks
ABC News
"Consumers are not always adequately informed that reverse mortgages are loans that must be repaid (and not merely ways to access home equity)," the ...

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Final rule governing loan originator compensation practices - Lexology (registration)


Final rule governing loan originator compensation practices
Lexology (registration)
The substantive provisions added by the amended regulation are found in Section 226.36(d) and (e) of Regulation Z. Open-end home equity lines of credit that ...

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