S. Carolina Supreme Court: Non-attorneys can modify home loans

S. Carolina Supreme Court: Non-attorneys can modify home loans

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The South Carolina Supreme Court placed a temporary moratorium on thousands of foreclosure sales on properties guaranteed by Freddie Mac [stock FRE][/stock], Fannie Mae [stock FNM][/stock] or any.

The Supreme Court, however, rejected this argument, holding that mortgage lenders and servicers may modify mortgage loans absent supervision from a South Carolina-licensed attorney.

The authority of the Supreme Court can be found in the South Carolina Code of Laws at Section 40-5-220, available online or at a local library. Mortgage applications drop as interest rates rise to 9-month high Commercial mortgage-backed securities market at crossroads the mortgage-backed securities market.

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S. Carolina Supreme Court: Non-attorneys can modify home loans Existing-home sales continue to slip WASHINGTON, DC, Jul 22, 2013 (Marketwired via COMTEX) – Existing-home sales declined in June but have stayed well above year-ago levels for the past two years, while the median price shows seven.

Mortgage applications fall again, worrying housing economists S. Carolina Supreme Court: Non-attorneys can modify home loans The Supreme Court, however, rejected this argument, holding that mortgage lenders and servicers may modify mortgage loans absent supervision from a South Carolina-licensed attorney.

The South Carolina Supreme Court accepted a declaratory judgment matter in its original jurisdiction to determine if respondents-petitioners quicken loans, Inc. and Title Source, Inc. engaged in the unauthorized practice of law (UPL).

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