Re:Stop Payment: A homeowner’s revolt against the banks (2012)
by scarface74 on Tuesday August 21, 2018 @09:39PM
(#17815541)
I think most people realize that your home loan is secured by your home. Despite what the lawyers say, bankruptcy won’t usually protect a secured asset.
I remember one of the most explicitly explain parts of the home was the title.
“Injury liability”? You are required to have homeowners insurance and if it’s not good enough to satisfy the loan, they will make sure you know it. While pre-2008, I had loans without an escrow that paid the insurance. They are a lot stricter about it now.
I remember one of the most explicitly explain parts of the home was the title.
“Injury liability”? You are required to have homeowners insurance and if it’s not good enough to satisfy the loan, they will make sure you know it. While pre-2008, I had loans without an escrow that paid the insurance. They are a lot stricter about it now.