Mendez said they were unable to get answers about the status of their second mortgage from the bank and were eventually told that the debt was canceled, or would be canceled.Their attorney, Ricardo M. Corona, said they are being told they owe $70,000 in past due payments plus $47,000 in principal. But he said records show the loan was charged off in 2013 and that the loan holders are not entitled to interest payments stemming from the years when the couple did not receive periodic statements.
The plaintiff in the action on the Mendez and Garcia home is listed as Wilmington Savings Fund Society, FSB,"not in its individual capacity but solely as a Trustee for BCMB1 Trust." Some people facing foreclosure have filed their own lawsuits citing federal requirements related to periodic statements or other consumer protection laws. In Georgia, a woman facing foreclosure claimed in federal court that she never received periodic notices about her second mortgage or notices when it was transferred to new owners, as required by federal law. The case was settled in June under confidential terms, according to court filings.
Can Biden forgive mortgages on Georgia for Warnock?
Here in Ahvaz, the city of Izeh: The agents of the dictatorial regime of the Islamic Republic are shooting directly at the protesting, defenseless and freedom-loving people. Politicians and people of the world MahsaAmini
At least they can file bankruptcy on that debt. We can’t get any relief on our student loans.
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'Zombie Debt': Homeowners face foreclosure on old mortgagesA growing number of homeowners say they are being blindsided by recent foreclosure actions on their homes over second loans that were taken out more than a decade ago.
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'Zombie Debt': Homeowners face foreclosure on old mortgagesA growing number of homeowners say they are being blindsided by recent foreclosure actions on their homes over second loans that were taken out more than a decade ago
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Appeals court ruling keeps Biden student debt plan on holdPresident Joe Biden's plan to forgive student loan debt for millions of borrowers was handed another legal loss Monday when a federal appeals court panel agreed to a preliminary injunction halting the program while an appeal plays out. The ruling by the three-judge panel from the 8th U.S. Circuit Court of Appeals in St. Louis came days after a federal judge in Texas blocked the program, saying it usurped Congress' power to make laws. The Texas case was appealed and the administration is likely to appeal the 8th Circuit ruling as well. Student loan debt forgiveness a Biden ploy for votes. It already worked, because he definitely bought votes by trying to use our borrowed money.
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Student loan forgiveness: Latest on where Biden's debt relief plan standsThe Biden administration's student loan relief program has faced numerous legal challenges in recent days, some of which led the Dept. of Education to pull the relief application offline after millions had already signed up. Where things stand 👇 there is no student loan forgiveness. there is only debt transfer to people who didn't take on the debt. It was clearly a pre-election scam Student loan relief was a ploy for mid-terms. Now that they're over, students can pay it themselves. Did you really think Dems were going to pay your debts silly?
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