Search for: "America Whole Sale Lender"
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15 Jun 2012, 11:42 am
Negotiations to sell in the midst of difficult or declining revenues, or, where investment funding is running out, is challenging (as opposed to a distressed sale initiated by a bankruptcy or creditor protection process, or by a secured lender). [read post]
1 Aug 2011, 12:58 pm
She also has expertise in whole loan sales and warehouse arrangements for conventional, agency and jumbo mortgage loans. [read post]
17 Dec 2010, 7:42 am
In peri-urban America, the tide ebbs and flows with the economy, and with people flows. [read post]
26 Mar 2007, 7:42 am
And therefore … Its lenders include such banks as Bank of America, CitiGroup, Credit Suisse and Morgan Stanley. [read post]
30 Aug 2010, 8:34 am
I hear a lot of anger, a lot of fear, and a lot of resignation at America lost. [read post]
12 May 2011, 8:00 am
The couple, who asked not to be named because of fear of retribution from their lender, owed this lender another $25,000 on a credit card, for a total of $95,000. [read post]
21 Jun 2011, 2:02 pm
The lenders could have the comfort of thinking that if things got bad, they could bank on a sale of the team for far more than what was paid. [read post]
5 Nov 2017, 6:02 am
Midland, it would not adversely affect state-based lenders who are already subject to usury limits. [read post]
5 Nov 2017, 6:02 am
The analysis may be different in the securitization context, but that was not the scenario present in Madden.Even if all existing and potentials purchasers of charged-off debt (Midland and its ilk) exited the market and even if the entire secondary market for charged-off consumer debt ceased to exist, the maximum incremental loss to the lenders (as owners of the charge-off debt) would be capped at the sale price (percent of nominal value) previously realized by lenders as… [read post]
20 Oct 2011, 4:38 pm
Rodriguez, and get him to sign a quit claim deed and, I’d imagine, a whole pile of waivers of his rights. [read post]
18 Nov 2010, 5:46 am
Bank of America, one of the largest mortgage lenders in the US, declared a moratorium on all foreclosure sales and recalled thousands of transactions they suspected had been robo-signed. [read post]
NCSLT Litigation Moratorium? – Expect confusion, inconsistent implementation, and need for follow-up
22 Sep 2017, 2:27 pm
The statutes of limitations are not same across jurisdictions in terms of length, and in many instances the choice-of-law state (which also varies, depending on the identity of the original creditor/program lender) does not govern the limitations issue if the courts of the state treat limitations as a procedural issue (or an issue regarding the availability of a legal remedy) as opposed to a substantive-law issue that would -- at least in theory -- be governed by the law of the jurisdiction… [read post]
17 Dec 2017, 3:28 pm
The account ended up being owned by FIA Card Services, a wholly owned subsidiary of Bank of America Corporation, and the transfer transaction was in the nature of a merger, not an asset sale to a third-party national bank.BANK OF AMERICA - FIA CARD SERVICES N.A.MERGER HISTORYWhile the sale to Midland Funding, LLC was an asset sale (portfolio sale), the transfer of the credit card account to FIA was not, at least not to an unrelated third-party. [read post]
31 Oct 2011, 4:14 am
That makes about as much sense as Bank of America being phone challenged. [read post]
26 May 2010, 7:04 am
The whole asset-class is a frivolous idea that deserves early retirement. [read post]
26 Sep 2010, 7:36 pm
At that point, the bank suddenly blamed the whole affair on a "system error. [read post]
4 Oct 2021, 6:24 am
In addition, the supervisory body responsible for granting bank licences in Germany, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, “BaFin”), issued guidelines in 2009 (as amended on 2 May 2016), stating that a banking licence is not required for secondary loan transactions where: a fully funded loan is being purchased by assignment; or the German borrower initiates contact with the… [read post]
30 Sep 2010, 8:11 am
The whole system is built on the integrity of each intermediary’s warranty that everything was done properly and consistently with written handbook procedures. [read post]
13 May 2011, 2:20 pm
The agent makes income based on the value of the sale. [read post]
8 Jan 2010, 7:46 am
Mozilo "modified the executive sales plan in late 2006 to accelerate his stock sales. [read post]
