Lender wins access to $36M in Live Well Financial funds – RichmondBizSense

Lender wins access to $ 36M in Live Well Financial funds  RichmondBizSense One of the largest lenders of Chesterfield-based Live Well Financial has begun to chip away at the balance of the nearly $ 70 million it’s owed by the bankrupt … “how to sell mortgage note” – Google News

Struggling UK lender Metro Bank in talks to sell loans – Reuters

Struggling UK lender Metro Bank in talks to sell loans  Reuters Metro Bank is in talks to sell a portfolio of loans in the British lender’s latest attempt to strengthen its finances after an accounting error hammered its shares. “how to sell mortgage note” – Google News

New Irish lender promises to end US vulture funds mortgages in Ireland – IrishCentral

New Irish lender promises to end US vulture funds mortgages in Ireland  IrishCentral A new Irish “not-for-profit” organization headed by Dublin businessman Brian Reilly has officially opened its doors to families and individuals who find … “how to sell mortgage note” – Google News

Training and Sales Events; Lenders in the News; Key Reason for Lender M&A? – Mortgage News Daily

Training and Sales Events; Lenders in the News; Key Reason for Lender M&A?Mortgage News DailySpeaking of Loan Star Funds, the article notes that Caliber is "one of the few financial firms to report a significant percentage increase this year in the dollar value of subprime mortgages it is managing and servicing for homeowners…Caliber is also […]

OC mortgage lender files for IPO – Los Angeles Times

Los Angeles Times OC mortgage lender files for IPOLos Angeles TimesThe preliminary registration statement does not indicate how many shares or what percentage of its equity the company plans to sell. The filing does note, however, that LoanDepot founder and Chief Executive Anthony Hsieh and private equity firm …and more » how to sell mortgage note […]

Some Recent Letters on Downsizing and Mortgage Lender Mistakes – Huffington Post

Vail Daily News Some Recent Letters on Downsizing and Mortgage Lender MistakesHuffington PostNote, however, that in qualifying for the new mortgage, retention of your existing home will raise the bar for documenting both income adequacy and asset adequacy. The lender will calculate a debt-payments to income ratio that includes the payment on …Interest rates differ […]

The Mortgage Professor: How to write a letter to a lender – Fresno Bee

The Mortgage Professor: How to write a letter to a lenderFresno BeeNote, however, that in qualifying for the new mortgage, retention of your existing home will raise the bar for documenting both income adequacy and asset adequacy. The lender will calculate a debt-payments-to-income ratio that includes the payment on …and more » how to sell mortgage […]

What You Should Worry About If Your Lender Sold Your Mortgage to Another Bank – Huffington Post

What You Should Worry About If Your Lender Sold Your Mortgage to Another BankHuffington PostDon't be surprised if this happens to you — multiple times — because it's common that lenders sell mortgages. Federal banking laws allow financial institutions to sell mortgages or transfer the servicing rights to other … If you're in the middle […]

The Current State of Bank and Lender M&A; HUD Approval Process Pause – Mortgage News Daily

The Current State of Bank and Lender M&A; HUD Approval Process PauseMortgage News Daily… for the future without the need to buy or sell. Of note, 28 banks are flagged as outliers, with a combination of strong earnings and weak capital levels – making them promising acquisition targets. If you're a bank or a mortgage […]

Know your rights if mortgage sold to another lender – Chicago Tribune

Know your rights if mortgage sold to another lenderChicago TribuneNote that I used the words "up to." This does not mean when you sell your principal house and meet the use-and-ownership test, you can exclude $ 500,000 from your income tax. You can only exclude your profit, no more, no less. I suspect you can […]