prepayment

Deleveraging: Borrowers Paying Off Loans Early — But Who Signs the Satisfaction of Mortgage?

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary It could get even worse, and probably will. The current status of title and the current status of these obligations is such that a moral hazard exists that is sure to be exploited by a new group of third parties who perceive the opportunity. Because …

Deleveraging: Borrowers Paying Off Loans Early — But Who Signs the Satisfaction of Mortgage? Read More »

Do NOT Prepay Your Mortgage

As pointed out in the article below there are many good reasons for prepaying your mortgage on a monthly basis. But if you are in a securitized mortgage and you are either underwater or facing payments that are resetting, be aware that any prepayments will take you far out of the running for any modification. …

Do NOT Prepay Your Mortgage Read More »

Scroll to Top