Search for: "Prospect Mortgage"
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24 Jun 2020, 11:43 am
If the long-term business prospects are good and the borrower’s management team is competent and trustworthy, a loan workout/restructuring can allow the lender to mitigate its losses and ensure future profitability. [read post]
18 Jun 2020, 2:00 am
Whilst the existence of a home rights notice does not preclude the owning spouse from either selling or re-mortgaging the property, the existence of the notice means that it is highly unattractive to prospective buyers and mortgagors to go ahead with a transaction. [read post]
17 Jun 2020, 10:32 am
On June 3, the Federal Housing Finance Agency (FHFA) sent for publication a final rule on the Federal Home Loan Banks’ Housing Goals, which eliminates the retrospective evaluation using HMDA data and set a single prospective mortgage purchase housing goal as a share of each FHLBank’s total Acquired Member Asset purchases. [read post]
17 Jun 2020, 7:34 am
I have an article out in The American Prospect about How to Start Closing the Racial Wealth Gap. [read post]
7 Jun 2020, 11:01 am
The Acts apply prospectively to all policies of property and casualty insurance issued, delivered, or renewed in the State to a condominium council of unit owners on or after October 1, 2020. [read post]
29 May 2020, 6:10 am
The legislation will not apply if the insolvency was not caused by the spread of COVID-19 or if there are no prospects of resolving the company’s illiquidity. [read post]
22 May 2020, 3:00 am
National/Federal Appeals Court Greenlights Emoluments Suit against Trump Politico – Josh Gerstein | Published: 5/14/2020 A lawsuit accusing President Trump of violating the Constitution by accepting foreign government money through his Washington, D.C. hotel can proceed to fact-gathering about Trump’s profits, a federal appeals court ruled. [read post]
18 May 2020, 12:42 pm
The prospect of losing a home is devastating. [read post]
11 May 2020, 10:49 am
Under PPP, loans granted by the Small Business Administration (SBA) to businesses will be forgiven if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. [read post]
8 May 2020, 6:48 am
According to the SEC, Brickner “falsely represented to prospective investors that he would use their money to purchase the assets of a Colorado-licensed marijuana dispensary network . . . [read post]
5 May 2020, 12:06 pm
Founder Sara Khaki of Atlanta Divorce Law Group recently hosted Tax Attorney Jason Wiggam to discuss alternative small business relief programs including the Employee Tax Retention Program, the Main Street Lending Program, and the 2nd phase of PPP lending. [read post]
5 May 2020, 8:00 am
There is a concern that banks might foreclose on mortgages. [read post]
4 May 2020, 7:18 am
The company will reportedly seek to raise capital through asset sales at potential discounts, prospective joint venture arrangements and issuance of additional equity securities that may be dilutive to current stockholders. [read post]
1 May 2020, 2:25 pm
Originators and brokers should not face the disturbing prospect of receiving repurchase or indemnification claims related to forbearance even though such forbearance was mandated by the CARES Act. [read post]
20 Apr 2020, 12:53 am
The Village of Mount Prospect charges a local transfer tax, but it is charge to the buyer. [read post]
14 Apr 2020, 12:50 pm
CARES Act Loans Sponsors that apply for, and particularly those that receive, loans made available to small businesses and most nonprofits through the CARES Act will likely be viewed favorably by leaders of current and prospective FSPs. [read post]
7 Apr 2020, 11:49 am
These debt instruments typically are issued as promissory notes to the note purchasers, with a security agreement, mortgage (if real estate is involved), and a Uniform Commercial Code filing (if personal property is taken as collateral). [read post]
7 Apr 2020, 11:49 am
These debt instruments typically are issued as promissory notes to the note purchasers, with a security agreement, mortgage (if real estate is involved), and a Uniform Commercial Code filing (if personal property is taken as collateral). [read post]
2 Apr 2020, 12:59 pm
Waiver of the SBA “Credit Elsewhere” requirement Prospective borrowers are not required to attempt to obtain loans elsewhere before applying for PPP funds. [read post]
2 Apr 2020, 6:27 am
The post COVID-19 – Impact on Existing and Prospective Real Estate Transactions appeared first on Real Property & Environmental Law Alert. [read post]
