Divorcing Your Mortgage Newsletter – May 2020 Edition 2

Avoiding Acceleration of Mortgage in Divorce Although the Divorce Decree may determine who retains ownership of the marital home after the divorce is final, it is important to understand that the Deed, Decree and Debt are three entirely separate issues to settle. The...

Divorcing Your Mortgage Newsletter – May 2020 Edition 1

Proceeds from the Sale of the Marital Home A mortgage escrow account is designed to hold a homeowner’s periodic payments for real estate taxes, mortgage insurance and possibly homeowners insurance. Mortgage escrow accounts normally build up large balances at...
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