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23 Jul 2020, 3:54 am
See PwC, “Italy adopts digital services tax and reintroduces notional interest deduction,” Jan. 9, 2020, https://www.pwc.com/us/en/tax-services/publications/insights/assets/pwc-italy-adopts-dst-and-reintroduces-notional-interest-deduction.pdf. [read post]
14 Jan 2011, 7:27 pm
Some, like this ACE Securities Home Equity Loan Trust 2005-HE4 or this GSAMP Trust 2005-WMC1 or this Carrington Mortgage Loan Series Trust 2006-FRE1 require the mortgagor's name and a street address on the schedule (whether that info is correct is another story). [read post]
22 Jun 2015, 7:46 am
Federal and state law prohibits loan modification companies from charging upfront fees prior to performing the contracted services. [read post]
22 Apr 2024, 11:15 am
Companies themselves, which are owned by private equity (as well as financed by other mechanisms such as leveraged loans or bond issuance). [read post]
31 Aug 2016, 6:00 am
The loan agreement obligated Apollo Advisor VI to pay interest to the funds until the loan was repaid. [read post]
3 Apr 2009, 10:47 am
Nervous about losing money, they may threaten the mortgage servicer with lawsuits, or the mortgage servicer may need investor permission it cannot get. [read post]
15 Feb 2010, 6:01 am
It works with client banks and mortgage servicers to identify at-risk borrowers, using a combination of location, income and negative equity information. [read post]
23 Jun 2015, 12:16 pm
If you're a homeowner currently, rising student loan debt is your problem too because it is eroding the market value of your home equity. [read post]
6 Aug 2013, 11:29 am
” For example, with regard to MLA coverage of open-end payday loans, the trade groups note that because the definition of “consumer credit” triggers a series of restrictions, a focused definition is necessary to avoid limiting the access of servicemembers to open-end products such as home equity loans and credit cards. [read post]
7 Oct 2013, 7:40 am
,” her date of birth was in 1970, and her social security number ended with 5120, in order to obtain a home equity loan and line of credit from Bank of America, N.A. [read post]
15 Feb 2010, 6:01 am
It works with client banks and mortgage servicers to identify at-risk borrowers, using a combination of location, income and negative equity information. [read post]
31 May 2012, 12:04 pm
What's also encouraging is that there is no cut-off level for the amount of negative equity the servicer is set to go. [read post]
5 Oct 2007, 2:19 am
The final rule states that DOE may guarantee up to 100% of the loan amount, subject to the law's limit that the underlying debt instrument may not be for more than 80% of project cost -- in other words, the maximum debit to equity ratio is 80-20. [read post]
26 May 2008, 8:00 pm
Here's one method that many people never consider but which can be very effective if done properly.Assets such as real estate, stock, accounts receivable and equipment can all have value or equity which can be used to secure a loan. [read post]
24 Feb 2014, 12:24 am
Equity release has come a long way since the early 1990s when bad press scared lawyers away from taking on such work for fear of potential claims that the borrower was under duress or did not understand the nature of the loan. [read post]
25 Jul 2023, 10:32 am
The ultimate dispute in this case was whether these funds were equity investments or shareholders loans. [read post]
17 Jul 2017, 7:07 pm
While Home Equity Loans are generally without recourse for personal liability against an owner and spouse, personal liability may exist if the loan was obtained through fraud. [read post]
24 Jan 2020, 9:58 am
In the case of a home equity conversion mortgage or reverse mortgage as referenced in Section 6-h of the Banking Law, Sections 280 and 280-a of the Real Property Law or 24 CFR 3500.2, servicing includes making payments to the borrower. [read post]
2 May 2011, 12:14 pm
In a letter to the SEC and the federal banking agencies, the securities industry urged the regulators when implementing Dodd-Frank's Volcker Rule to exempt from the definition of hedge fund and private equity fund issuers that originate, buy, sell or securitize loans or assets based on loans. [read post]
17 Jul 2008, 3:01 pm
The rules adopt the following protections for ALL loans secured by a consumer’s principal dwelling: Creditors and mortgage brokers are prohibited from coercing a real estate appraiser to misstate a home’s value Servicers are prohibited from pyramiding late fees Servicers are required to credit consumer’s loan payments as of the date of receipt Servicers are required to provide a payoff statement within a… [read post]
