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Purchased home from nton Mortgage thru Banner Bank Sept 1986

Purchased home from Hinton Mortgage thru Banner Bank Sept 1986 orig loan 60,619.00 30yr 9.5% fixed rate FHA loan. Husband lost Job, got behind on payment. HUD took over loan in 1992. Made payments to Hud for aprox 4yrs. Loan was sold or given to Ocwen Federal Loan servicing 03/01/1996. Maturity date 08/01/16. Rec'd Balloon Letter in March of this yr. saying payment due in full on maturity will not accepts payment after that time. Requested pay off quote they are saying we still owe $44K. Loan amount turned over to Owen looks like $60,619.00 the total amount of the Loan??. 20 yrs later I owe $44K, where is the credit for the 10yrs of payment made prior to Ocwen (between Hinton Mortgage and HUD). If the balance turned over was incorrect, the application of principal and interest incorrect for 20 yrs is also incorrect. Rec'd amortization schedule from Ocwen in 1996. They are not following their own schedule. I have copy of Deed and Trust between HUD and Ocwen, I have paper work from Hinton Mortgage, I have an annual tax-loan/Escrow statement from HUD dated 01/07/92 -12/3192 showing I paid $7,217.33 in interest nd $1,142.15 in tax. I am current on my loan payments. I look forward to paying off loan, but we do no owe $44K. A few yrs ago Ocwen said we were current on our principal and no longer needed to be on their Forbearance plan. They adjusted my payment from $735.00 a month to 705.00. When asked if he adjustment was enough to pay off loan at maturity, they said it would pay every thing except arrearage in the amount of aprox $9K (owe less than now) . I feel Ocwen is trying to steal our home by saying we owe $44K. I have not rec'd statements from Ocwen in yrs, although requested never rec'd. I do have payment history from Ocwen dating back to 03/01/96 - 06/15/96, it is not a running total and the report is hard to read. Can you firm help me?JA: Since estate law varies from place to place, can you tell me what state this is in?Customer: Dallas TXJA: Have you talked to a lawyer yet?Customer: Most represent Ocwen. Some feel because my house is not in foreclosure, the case is light. And others are way out of our price rangeJA: Anything else you think the lawyer should know?Customer: We filed Bankruptcy about 5 or six years ago included Ocwen, but continued to make our mortgage payment. Ocwen said the Bankruptcy has been dischargedJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Real Estate Lawyer about your situation and then connect you two.

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If a person with a disability who is receiving social

If a person with a disability who is receiving social security income and is hoping to qualify to rent a HUD apartment, but recently found out that she is co-owner of her fathers condo, would this disqualify her to live in a HUD apartment. She qualifies for HUD housing on the social security income that she receives, but is worried that her co-ownership of the condo will disqualify her. Her father has lived in the condo until recently and has been in the hospital. He will probably go to a assisted living facility when he leaves the hospital. He has lived in the condo and paid the taxes, etc. He told her recently that she and her brother are co-owners of the condo and that he had put the condo in their names six years ago.

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LawTalk

Attorney at Law

Juris Doctor

 
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I made an offer on a SHORT SALE house.The Short sale process

I made an offer on a SHORT SALE house.The Short sale process is at the beginning,so I will not find out very soon,if the Lender approves the offer.I made the offer with an FHA Loan.My concern is that I would like to find out if the house would be approved for an FHA,because I don't want to wait a month or to,for the bank to approve my offer(in case they approve it),and then to find out that ,eventually ,the house would not be FHA APPROVED...Can I take a regular home Inspector to inspect the house ,to know if it would pass FHA Inspection?Are there Home Inspectors Specialized for FHA Inspections?Or I can use any Home Inspector,as they would not the "checklist" for a property passing an FHA Inspection?OR :can the owner of the house order an FHA Inspection directly from the FHA authority?(as I know that only owners can ask for "Fha" qualifications on their own house...Thanks!

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J. Warren

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Doctoral Degree

 
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I need to know if there has been a RESPA violation with the

I need to know if there has been a RESPA violation with the complaint i have written. If so, what section or violation ?

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William B. Esq.

Attorney

Doctoral Degree

 
18,354 satisfied customers
My mother passed away she has a reverse mortgage. can her

my mother passed away she has a reverse mortgage. can her handicapped son continue to live there or will the bank want there money? if they do want there money what is the time frame for payment?

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Irwin Law

Juris Doctor JD

 
8,056 satisfied customers
My husband and I live in Florida and are purchasing a cabin

Hi,My husband and I live in Florida and are purchasing a cabin in the North Carolina mountains. We are paying cash. Yet the closing statement is an HUD-1 form where we are listed as borrowers. I called the attorney's office handling the closing and the receptionist told me it is a generic form.It seems very strange that we are listed as borrowers and not buyers. Can this be correct?Thank you

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LawTalk

Attorney at Law

Juris Doctor

 
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As a board member of a 55+ condo in Naples, FL tasked with

As a board member of a 55+ condo in Naples, FL tasked with renewing the Housing for Older Persons registration, what is required for the census? Many of our owners are snowbirds. Is it necessary to get updated information from all owners, including those owned by seasonal residents, or just those currently occupied?

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LawTalk

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Juris Doctor

 
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I have two service dogs, my community HOA refused to allow

I have two service dogs, my community HOA refused to allow them to attend a community party claiming they are a private club. I thought I was covered by the ADA apparently it isn't. I filed a complaint with the FHA and they took it stating they the board is in violation. The Board , and the management company are named in the complaint. can this also be a civil lawsuit?

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J. Warren

Attorney

Doctoral Degree

 
3,858 satisfied customers
I live in Missouri and recently bought a . Our home backs up

I live in Missouri and recently bought a PUD. Our home backs up against the main road. I was not crazy about backing up against the main road because i have a child with Autism but I thought it would be ok because we could get a privacy fence. After we closed I saw in the CCR's due to the fact we back up against the main road we are required to get a black metal fence for asthetic reasons. I really wanted the privacy fence to decrease noise and stimulus for my son. Can I get round this with ADA and a MD letter?

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Phillips Esq.

Attorney

Juris Doctor

 
16,566 satisfied customers
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