Insight & Advice

How do you divorce the mortgage - or the house, for that matter? That is a question asked of many Certified Divorce Lending Professionals (CDLP™). Though a CDLP™ deals with all levels of divorcing homeowners, the more variables involved in a divorce case, the more...

The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the Equal Credit Opportunity Act (ECOA), which prohibits credit discrimination on the basis of race, color, religion, national origin, sex, marital status, age, or because you get...

Divorce can be intricate, tricky, and emotionally overwhelming. When you have to relocate, find new housing and decide to rent or purchase a new home, you pile on additional tasks and frustration. Many divorcing spouses understand the financial benefits of owning a...

Whether the divorcing couple is on good terms or bad terms getting divorced can be rough. It can be stressful, time-consuming, and confusing with all of the paperwork that goes into it. Chances are both parties are listed as shared parties on a lot of documents,...

Divorce is messy as it is. Throw in the recent changes within the mortgage industry and it may get even messier. Just mention that just the name, Equity Buy-Out, and it can get even more confusing! When a divorce involves refinancing the marital home, divorcing...

Why diversity is good. A professional divorce team has a range of team players including the attorney, financial planner, accountant, appraiser, mediator, and yes, a divorce lending professional. Every team member has a significant role in ensuring the divorcing...

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 Deed & Transferring Ownership Transfer of...

A successful divorce settlement is a result of putting the pieces of the puzzle together in such a manner that both divorcing parties come out of the divorce whole or at least on the road to recovery. But how do you get there? Divorce and mortgage financing concerns...

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 Deed & Transferring Ownership: Transfer of...