Getting a home equity loan in Maine.

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Recent home equity loan news in Maine state

Dozens to share in settlement from mortgage insurer - WMTW
Most lenders require home buyers to purchase private mortgage insurance to cover any loan in which the purchaser has put down less than 20% of equity. Court records show that MGIC holds $172 billion in mortgage insurance purchased by a total of 1.1 million ...

Bank CEOs Gain as Millions Lose Dreams, Retirement to Foreclosure - Common Dreams
For many American families, a paid-off home is ... their loans to take advantage of record low rates that would cut hundreds of dollars from their monthly payments. As American families struggle with their shrinking equity, Wells Fargo is ...

Real estate scam brings up to life in prison under California’s three-strikes law - Bangor Daily News
“The worst thing you can do is take somebody’s home,” Los Angeles County Superior Court Judge Stephen A. Marcus said Friday in explaining the lengthy sentence. “Instead of helping people, he stripped the equity from their homes and left ...

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