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Texas Lawmakers Need to Tweak Mortgage Laws to Protect Homeowners – Under this theory, lenders have a financial interest in property that secures a mortgage loan but have no ownership interest until the home is sold at foreclosure. As is true in Washington, Texas case.
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Late Payment On Mortgage What happens when you miss a mortgage payment – Most mortgage payments are due on the first of each month. If your mortgage servicer doesn’t receive your payment by that date, the payment is technically late, but you may not suffer any consequences.
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