Question from one of Texas’s finest legal minds, Brenna Loyd of Schmitz, Loyd & Paul, PLLC. Give them a visit at their website - Get to know them. Hi Noel, Need your help again! Copied my client on this email. Simply put, we need to remove ex-husband’s name from the Deed of Trust (DOT). He is not (and never was) on the […]

I love how attorneys ask questions. The facts…then, they get straight to the point. I, on the other hand, want to expound fully on my answers so as to make them as nearly “textbook” quality as possible. Ha. Here’s a great question from Leslie Barrows. Noel: Husband and Wife divorcing. Husband keeping marital residence and […]

Trump, Divorce, Property Values and $400,000,000 Feb 21, 2024 Executive Summary The $400,000,000 judgment against Donald Trump, et al in the New York case alleging fraud, is politically problematic, to put it mildly. But, no matter if you are delighted or dismayed by the judgment, the case is instructive for real estate valuations in divorce. […]

I am tracking the various idiocies of one Judge Jesus Nevarez, II in Tarrant County. Yet, while dealing with a set of orders from the 231st that make no sense in the mortgage lending world (aka, the real world of loan-getting), some of which are wholly inappropriate (not to mention potentially a violation of federal […]

Idiocy #3 – That a refinance loan can close before final divorce and pay an Owelty [Buy-Out] to a spouse. We have here a double-whammy. The judge ruled the impossible on August 3, 2023, then on August 16th doubled down, reaffirming this idiocy. Case Identification Cause No. 231-715459-22; In The District Court, 231st Judicial District, […]

Idiocy #2 – That a judge can determine value, equity and therefore a fair and equitable buyout. Review: Introduction: Stupid judges harm you more than malicious judges do Lesson: Ignorance + Arrogance > Stupidity 10 STUPID THINGS JUDGES DO: The Idiocies of Jesse Nevarez, et al Idiocy #1: That a person can purchase something which […]

Second installment: Idiocy #1 – That a person can purchase a property which they already own. The doctor sees all the weaknesses of mankind, the lawyer all the wickedness, the theologian all the stupidity. I am neither doctor nor lawyer nor theologian. But, according to Cipolla’s Five Laws of Human Stupidity, all of us pay […]

INTRODUCTION: Stupid Judges Hurt You More Than Malicious Ones Do: The Laws of Human Stupidity In this series “10 STUPID THINGS JUDGES DO: The Idiocies of Jesse Nevarez, et al” I am exposing bad behavior in judges. Specifically, stupid behavior from judges. I use the words “stupid” and “stupidity” in their technical or clinical sense. […]

Summary Reverse mortgages can be used in divorce buy-outs. But, full payment to beneficiary could be delayed a full year or more if the lender doesn’t know this secret I am sharing here. Even if an attorney does not deal with “grey divorces,” this short tutorial in divorce buy-outs with reverse mortgages will serve as […]

In the previous blog, I discussed why every word in a borrower’s decree is read, reviewed and underwritten. Here’s the link: https://themortgageinstitute.com/2022/09/why-it-is-important-for-me-to-preview-drafts-of-the-divorce-decree-part-1/ The assignment of debt was the key illustration and element in the first reason why I PRE-underwrite (review prior to finalization of divorce) drafts of divorce decrees. Too much debt assignment can disqualify […]