News & Analysis as of October 13, 2024

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The term "mortgage" typically refers to a mortgage loan. A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +

Are Mortgage Rates and High Rents the Catalyst to “Quiet Quitting?”

Fox Rothschild LLP on 6/12/2024

We have been reading recently about a new life phenomenon called “quiet quitting.” Essentially the concept is that one or both spouses are done with the relationship but neither has the energy or the resources to move on...more

Zombie Mortgages: It’s the Time of the Season When Debt Gets High.

Fox Rothschild LLP on 5/24/2024

As Spring came this year, the news was filled with reports that we would see an especially large crop of ciccadas this year as the 13 year brood is coming at the same time as their 17 year cousins. But it isn’t just insects...more

Life After Love Gone Wrong Podcast: Season 3, Episode 2 - Mortgage Mastery: Charting a Financial Course Post-Divorce

Fox Rothschild LLP on 1/10/2024

Make informed financial decisions on the homefront as you weather a separation or divorce. Host Sandra Fava and her guests, Cathy Maloney and Dina Parla of Guaranteed Rate Affinity, share practical tips on managing...more

Divorcing in an Expensive Housing Market

Blank Rome LLP on 4/20/2022

One of the economic aftershocks that stubbornly remains more than two years after the COVID-19 pandemic began is the simultaneous spike in residential real estate prices and rents, and the plummeting inventory of available...more

What is an assumption agreement?

Stange Law Firm, PC on 2/12/2020

In a divorce, the marital home is often one of the most valuable marital assets that the parties have. Typically, the parties also have a mortgage on the marital home with a balance due and owing. To resolve a divorce with...more

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