Every homeowner should get a life of loan history or transaction history for his or her home mortgage at least once year and review it to see how your payments are posted and what charges have been assessed against your loan.  Many times a mortgage servicer will post your payment to a suspense account (especially [...]

Judge Elizabeth Magner, a United States Bankruptcy Judge for the Eastern District of Louisiana, has set out parameters for the calculation of escrow amounts due as of the petition date and how they should be reflected on proofs of claim.  The issue arose in the Irby Fitch case, case number 07-11319, pending in the Eastern [...]

If things weren’t bad enough in the mortgage lending industry, it’s getting worse - even for those with good credit.  According to an AP article, mortgage insurers, the companies that insure a mortgage loan in the event that the loan goes into default, have flagged almost a quarter of the nation’s zip codes where they [...]

On September 1, 2007, special new rules were added to the steps required for Texas foreclosures.  The new rules cover procedures that must occur if the courthouse or county clerk’s office are closed because of inclement weather or other “acts of God.”  Now the required postings and filings may occur within 48 hours of the [...]