When Vets Fall Behind on Mortgage Payments …

first_img The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago When Vets Fall Behind on Mortgage Payments … Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Radhika Ojha Previous: Accelerating Blighted Property Foreclosures Next: The Week Ahead: Will the Fed Raise Rates? Tagged with: CFPB Loan Loan Modifications Loss Mitigation mortgage payments Processing Servicemembers Veterans CFPB Loan Loan Modifications Loss Mitigation mortgage payments Processing Servicemembers Veterans 2019-01-25 Radhika Ojha The Week Ahead: Nearing the Forbearance Exit 2 days ago Issues relating to loan modifications or collections were among the most common type of mortgage-related complaints by servicemembers, according to an annual report from the Office of Servicemember Affairs and the Consumer Financial Protection Bureau (CFPB). The report noted that around 40 percent of active duty servicemembers have a mortgage and over 700,000 veterans currently have a VA home loan mortgage.The report also indicated that veterans were 40 percent more likely to be underwater on their homes than non-veterans.Looking at the type of complaints received by servicemembers, the CFPB report said that the highest number of complaints (43 percent) related to troubles during the mortgage process while 31 percent servicemember complains were related to issues when they were struggling to pay their mortgage. When it came to the payment process, someservicemembers stated that “when they called their servicers, they could not get their single point of contact on the telephone.”Complaints suggest that payment application and the management of escrow accounts continue to be a challenge for some servicemembers the report indicated. Additionally, vets also described problems with their automatic payments when escrow shortages and surpluses caused a change in their monthly mortgage payment.When mortgages were transferred to a new company, they tended to cause confusion among servicemembers especially when they received notice about such transfers, the report indicated. Upon the transfer, some servicemembers described having “difficulty reconciling account balances or obtaining information related to their loan terms.They also described a range of challenges while modifying their mortgages, which included problems like servicers requesting the same documentation multiple times throughout the loss mitigation process as well as offering terms that were unaffordable. “In particular, servicemembers continued to experience trouble with effective loss mitigation options when receiving Permanent Change of Station orders,” the report noted.Despite these problems, the report noted that in comparison to non-servicemembers, veterans experienced these problems less frequently than their civilian counterparts.Click here to read the full report. Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Related Articles January 25, 2019 2,611 Views center_img Home / Daily Dose / When Vets Fall Behind on Mortgage Payments … Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Loss Mitigation, News  Print This Post The Best Markets For Residential Property Investors 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Children learn blessings of giving

first_img Plans underway for historic Pike County celebration Remember America’s heroes on Memorial Day Children learn blessings of giving Troy falls to No. 13 Clemson By Jaine Treadwell The four-year-old team captains of the Mothers Day Out Heart Walk team at First Baptist Church are possibly the youngest captains of any American Heart Walk team.And, they are probably among the most inspiring captains.Betty Bateman, program director, believes that children should learn at an early age to do for others. “I want the children to earn the money that they give,” Bateman said.“When they earn the money themselves, it means much more when they give.”Bateman said a note goes home with the children explaining about the Heart Walk fundraising project.And the response from the parents is enthusiastic.“The parents and children come up with ideas of things that they can do to earn money, not for themselves, but to help others,” Bateman said.The chores the children do include helping with the dishes, taking out the trash, picking up their toys and helping with yard work.“When they are paid for their chores, the children put the money in a big jar and watch with great excitement as the jar fills.But it’s not just the four-year-olds who participate in the Pike County Heart Walk fundraising campaign.All of the other children at Mothers Day Out are invited to participate by making a donation.Each child who makes a donation has a heart with his or her name on it placed on the Heart board in the downstairs area.“Last year, the children at Mothers Day Out raised $1,244 for the Heart Walk,” Bateman said.“That was the most ever and we’re hoping that this year will be do just as good. It is a joy for us to give.” By The Penny Hoarder Book Nook to reopen Print Article Published 9:52 pm Wednesday, January 14, 2009 She also believes that pennies save lives when they are used for research into killer diseases and the discovery of new treatments and the development of medical techniques.Bateman knows that heart disease is a major killer of Americans today and that children need to learn at an early age the importance of a healthy heart.“Each year, Mothers Day Out participates in the Pike County Heart Walk as a team and our four-year-olds act as team captains,” Bateman said. Pike County Sheriff’s Office offering community child ID kits You Might Like Red Kettle Campaign successful The final tally for Pike County’s 2008 Salvation Army Red Kettle Campaign are in and they are the best ever… read more Latest Stories Email the author Sponsored Content Skip To prepare the children to “captain” the team, they learn about the heart and the importance of keeping it healthy.“They learn that that they need to eat healthy and exercise so their hearts will be healthy,” Bateman said.“But they also learn that there are people whose hearts get sick and, when they do, the money we give to the Heart Walk helps them to get better.”The children understand that that by giving to the Heart Walk, they are helping people with sick hearts get better and they are willing and eager to earn money to give. The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Around the WebMd: Do This Immediately if You Have Acid Reflux (Watch Now)Healthy LifestyleIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Heisler: Lakers fans, no longer spoiled, are finally with the program

first_img Newsroom GuidelinesNews TipsContact UsReport an Error Coming off last season’s 17-65 record, Las Vegas books have the over-under on Laker wins at 24.5.It’s a long way to the top if you want to rock and roll. Look at the Timberwolves, the envy of all with their young nucleus of Karl Anthony-Towns, Andrew Wiggins, Zach Lavine, Gorgui Dieng and Shabazz Muhammad. With all of them happening — while the Lakers dedicated last season, not to their kids, but Kobe Bryant’s farewell — Minnesota went 29-53.If it was Looney Tunes to spend a season saying goodbye, especially to a guy intent on jacking up 17 shots a game as he bade farewell, Kobe made it work his way, as usual. Unfortunately for the Lakes, they had nothing better to do with D’Angelo Russell showing just how much growing up he had to do.By now Laker fans know it’s not about the win total. That’s what’s different. Once spoiled to the max with ticket prices to match — $2,800 courtside seats, $200 for valet parking — Laker fans now understand what’s going on and are on board, for however long it takes … to date, anyway.Clipper fans now pay more for courtside ($3,000) and live with the mantra the Lakers used to: Nothing counts but the playoffs.The Lakers stand to lose 50 or more for the fourth season in a row and still their fans come out … 99.7 percent of capacity last season … 98.3 percent of capacity the one before when Kobe played 35 games.Happily for the new coach, Luke Walton, his name as chanted by a crowd means no one could tell if fans are booing or chanting, Luuuuuuke! Not that it matters any more. Laker fans no longer head-hunt whoever’s unlucky enough to be coaching.Lakerdom was a black hole for whoever was in charge, from Mike Brown to Mike D’Antoni to Byron Scott. D’Antoni got the perfect storm, scorned for everything he did as an outsider/former Pacific Division rival, starting with his Phoenix offense that he ran instead of Jackson’s triangle.Two years after leaving, D’Antoni was back as Houston coach to see Walton make his debut … running D’Antoni’s offense that Golden State coach Steve Kerr copied.Laker fans began chilling out the last two seasons, even as the team cratered with Kobe coming and going and Scott trying to run his Old School system that worked fine with Jason Kidd and Chris Paul with Russell, Lou Williams and Marcelo Huertas. Byron was Laker Family so fans were nice enough to confine their discontent to grumbling among themselves, rather than calling for his head.Now, finally, there’s a fit: A young coach who’s Laker Family, running a modern system. And, of course, no Kobe.On opening night people kept asking GM Mitch Kupchak if he was nervous or excited. Kupchak said he was feeling something else, how strange it felt to be without Kobe for the first time in 20 years.With Kobe, no matter how old he was, came expectations, no matter how absurd they were, after a career of willing teams to success. Jackson returned for his second tour in 2005, thinking the raggedy Lakers could still challenge for titles if they could make the playoffs, after which Phil thought he and Kobe could find a way to beat anyone in a best-of-7 series.Now, finally, for better and worse, no Kobe, no expectations.Of course, with no expectations, the TV audience has dwindled dramatically. If fans have chilled, I doubt that Time Warner executives have, paying $3 billion over 20 seasons.Starting season No. 5, Time Warner has shown one playoff appearance — the 4-0 sweep by San Antonio in the first round in 2013 with Kobe hurt, Dwight Howard getting ejected in his Laker farewell and Tim Duncan caught on video laughing as Dwight stomped off.That seems as long ago as when dinosaurs roamed the Earth. Now it’s all about D’Angelo, Brandon Ingram, Julius Randle and Jordan Clarkson, all legit prospects en route to becoming good players. Of course, returning to greatness means one or two have to become not merely good players but stars, which means more than scoring 20 a night, right, D’Angelo?“We’re building toward being great again,” Walton said before the opener, “and I think we have pieces here that can make that happen.”Actually, they had better get some more pieces, including one who’s a really good playmaker. Their best bet now is to use their youth, depth and energy to turn games into free-flowing exercises and outscore opponents, as they did with the high-scoring Rockets.A two-game win streak, counting Kobe’s farewell last season! Unbeaten for the first three days of the NBA season!Sit down, buckle in and enjoy the ride for what it is because it’s just starting.Mark Heisler has written an NBA column since 1991 and was honored with the Naismith Hall of Fame’s Curt Gowdy Award in 2006. His column is published weekly for the Southern California News Group throughout the NBA season.center_img Something has changed for the better in Lakerdom, all right. Unfortunately for the fans, it’s not the team’s prospects in the race.At media day I asked a wisened team official, “What do you think, 30 wins?”He looked at me as if I was wearing a clown costume.“Oh, right,” I said. “I don’t know what got into me.”last_img read more