Search for: "OPTION ONE MORTGAGE CORPORATION"
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6 Nov 2020, 7:08 am
A transfer of a loan originated by a regulated entity and secured by a mortgage of residential property may require written borrower consent (normally this is provided for in the lender’s standard loan documentation). [read post]
1 Nov 2020, 5:08 am
As used in this paragraph, “business” includes, but is not limited to, sole proprietorships, closely held corporations, partnerships, other flow-through business entities, and self-employment. [read post]
30 Oct 2020, 2:35 pm
This one is no exception. [read post]
16 Oct 2020, 12:54 am
These include provisions such as hire, which shall be paid on a ‘hell or high water’ basis, a purchase option, the lessor’s right to mortgage the vessel and to onward assign the bareboat charter by way of security to any financier subject to provision of a letter of quiet enjoyment to the charterer. [read post]
6 Oct 2020, 8:42 am
In addition, it should be noted that funds cannot benefit from floating mortgages in Spain, and particular care needs to be taken in the review of mortgage backed loans. [read post]
30 Sep 2020, 10:28 pm
It is, however, the only bankruptcy reorganization option for a farming business with debt exceeding $10 million. [read post]
30 Sep 2020, 1:55 am
One such option is a carbon tax. [read post]
7 Sep 2020, 4:35 am
Liss’s estate argued that Sage failed to give proper and timely notice of its exercise of its option to purchase the estate’s interest and, assuming it properly exercised the option, that Sage miscalculated the purchase price by excluding Liss’s share of mortgage monthly interest payments over a 14-year period and his contributions toward the building mortgage. [read post]
11 Aug 2020, 6:00 am
Since corporations owed less in corporate income tax each year, there was concern that the need for tax credits would fall, reducing investment for LIHTC-financed projects. [read post]
30 Jul 2020, 6:50 am
Part 2 of this series analyzed pre-foreclosure loss mitigation options for lenders dealing with hotel/restaurant mortgage defaults. [read post]
30 Jul 2020, 6:50 am
Part 2 of this series analyzed pre-foreclosure loss mitigation options for lenders dealing with hotel/restaurant mortgage defaults. [read post]
30 Jul 2020, 6:50 am
Part 2 of this series analyzed pre-foreclosure loss mitigation options for lenders dealing with hotel/restaurant mortgage defaults. [read post]
16 Jul 2020, 12:24 pm
In all likelihood, a borrower (particularly one with a bi-weekly cycle) will have greater payroll costs, for loan forgiveness purposes, if it uses the covered period rather than the alternative payroll covered period. [read post]
13 Jul 2020, 2:59 pm
An affiliated group of companies may participate in only one type of Main Street Loan, and may not participate in both a Main Street Loan facility and the Federal Reserve’s Primary Market Corporate Credit Facility (“PMCCF”). [read post]
3 Jul 2020, 6:43 am
Italy has been one of the countries worst hit by the COVID-19 pandemic that has claimed more than 33,500 lives in the country. [read post]
18 Jun 2020, 7:26 am
This is because these networks, except the National Payments Corporation of India (NPCI), are domiciled in foreign jurisdictions. [read post]
7 Jun 2020, 5:00 am
Who knows what we're thinking with this one? [read post]
29 May 2020, 6:10 am
SECURITY AND TRUSTS / AGENCY Under German law “assignment” (Abtretung), accessory securities such as mortgages, pledges and accessory guarantees (Bürgschaft) are automatically transferred to the new lender. [read post]
19 May 2020, 1:05 pm
If any one of the above criteria applies to a borrower, the borrower may elect to use the Loan Forgiveness Application EZ. [read post]
21 Apr 2020, 3:36 pm
Unfortunately bankruptcy is probably the best option and you have to deal with it at that point. [read post]