Mortgages

No, you don’t need a 20 percent down payment to buy a home

Many Americans may be unnecessarily talking themselves out of homeownership. Thirty-seven percent of non-homeowners say not having enough saved for a down payment is holding them back from homeownership, but 62 percent of Americans incorrectly believe you have to have at least 20 percent of a home’s purchase price to buy, according to NerdWallet’s 2020 […]

Real Property: Mortgages-Due Process-Denial of Leave to Amend

Plaintiff appealed the dismissal of his mortgage-related action. Where plaintiff failed to state a due process claim and where mere references to other cause of action failed to state grounds for relief, the district court did not err in dismissing plaintiff’s action and did not abuse its discretion in not inviting leave to amend when […]