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Read more about the article Mortgage Forbearance Covid-19 – What you need to know

Mortgage Forbearance Covid-19 – What you need to know

  • Post published:July 31, 2020
  • Post category:Corona Virus/COVID-19

Are you experiencing income loss because of the COVID-19 pandemic? Have you been running around in circles trying to find ways to pay your mortgage and find financial assistance in…

Continue ReadingMortgage Forbearance Covid-19 – What you need to know
Read more about the article COVID-19 relief programs: Financial aid for homeowners, renters, and the unemployed

COVID-19 relief programs: Financial aid for homeowners, renters, and the unemployed

  • Post published:April 10, 2020
  • Post category:Corona Virus/COVID-19

Money tight because of COVID-19? These relief programs can help There’s a growing list of government-sponsored and private relief programs to help U.S. households affected by COVID-19. Below are financial…

Continue ReadingCOVID-19 relief programs: Financial aid for homeowners, renters, and the unemployed
Read more about the article Facts about Mortgage Relief Forbearance during COVID-19 Pandemic

Facts about Mortgage Relief Forbearance during COVID-19 Pandemic

  • Post published:March 27, 2020
  • Post category:Corona Virus/COVID-19

/fôrˈberəns,fərˈberəns/ noun 1. patient self-control; restraint and tolerance. "forbearance from taking action" Similar: leniency, long-sufferingness, self-control o LAW the action of refraining from exercising a legal right, especially enforcing the payment…

Continue ReadingFacts about Mortgage Relief Forbearance during COVID-19 Pandemic

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Texas consumers: How to file a complaint

Figure: 7 TAC §81.200(c)

“CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”

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