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6 Jan 2010, 1:53 pm
That only makes the loan more usurious -- two percent over ten percent plus additional equity -- not less. [read post]
1 Nov 2010, 3:00 am
X is the sole owner and holder of the Mortgage Loan and will have, on the Closing Date, good and marketable title to the Mortgage Loan; X has full right and authority to sell, assign and transfer the Mortgage Loan as contemplated by the Mortgage Loan Purchasing Agreement; all of the obligations of X with respect to the Mortgage Loans are legal, valid and binding and enforceable against X except as may be limited by bankruptcy, insolvency or reorganization… [read post]
11 Jun 2010, 6:20 pm
The service station operators asserted affirmative defenses that included unclean hands and estoppel. [read post]
26 Jun 2011, 12:56 am
Some financial institutions simply do not want to work within the confines of the FHA short refinance initiative, simply because it requires a mortgage servicer to forgive a substantial amount of a homeowner’s principle and then allow them to refinance for an FHA home loan. [read post]
30 Jul 2012, 9:49 am
It is a member of the RER Financial Group LLC, a nationwide financial services firm specializing in the acquisition, valuation, management and servicing of commercial real estate ("CRE") loans and mortgages. [read post]
22 Dec 2020, 7:08 pm
Waiver of PUA Overpayments State agencies can waive repayment requirements for individuals who mistakenly received overpayment for PUA to which they were not entitled, if the overpayment was not the individual’s fault and such repayment would be contrary to equity and good conscience. [read post]
27 Aug 2018, 3:41 pm
The Trust’s own servicing records show that the Savoy loan – unlike the Mock and Foster loans, was a performing loan. [read post]
15 Jul 2015, 8:11 pm
Loan Services LLC v. [read post]
7 Jun 2012, 4:37 pm
A reverse mortgage is a loan specifically for senior citizens where the collateral is equity in a house. [read post]
29 Aug 2021, 3:41 pm
Without further ado, here are some of the options that may be available to you depending on the type of loan you have and your mortgage loan servicer. (1) Make up Missed Mortgage Payments in a Lump Sum after Forbearance Ends Perhaps you put your loans in forbearance as a precaution or can get assistance from friends or family and have the means to make up all of your payments you have not paid over the last several months in a lump sum. [read post]
30 Apr 2009, 1:39 pm
Most of these homeowners have very little, if any, equity in their cars, making execution on same largely a waste of time and effort. [read post]
3 Dec 2013, 8:23 am
The defendants used several entities, including Head Financial Services and Creative Loans, to extract more than $5.7 million in equity from the homes of their victims, many of whom were in California. [read post]
12 Jul 2012, 9:02 am
Our firm prides itself on personal service and detailed attention to our clients' requirements. [read post]
18 May 2009, 5:05 am
We note only that the district court analyzed the issue in detail and concluded that the amount plaintiff paid in points and fees did not exceed 8% of the total loan amount and, accordingly, was not a high-cost loan within the meaning of HOEPA. [read post]
16 Nov 2012, 2:12 am
I then simply measured probable distortion by factoring in the deviation between the market price of my wife as a good or service and her marginal social cost. [read post]
30 Jan 2018, 1:42 pm
Newmark Realty arranges debt and equity financing through various sources on behalf of commercial real estate developers and investors, and services loans for lenders in 39 states and DC. [read post]
28 Mar 2019, 11:34 pm
”Only corporations such as small- and medium-sized companies shall receive a loan from internet-only banks (Act on Internet-Only Banks, Article 6), besides ‘non-financial business operators’.Korean Act on Internet-Only Banks provides in Art 7 of the Act that an internet-only bank shall not loan more than “…15 percent of its equity capital to the same individual or corporation, nor […] 20 percent of its equity capital to any… [read post]
21 Dec 2011, 11:23 am
QWRs are basically a loan audit and the borrower is asking for a life of loan history. [read post]
13 Aug 2010, 3:56 pm
That is why setting limits on involvement in hedge funds and private equity funds is critical to protecting against risks arising from asset management services. [read post]
30 Oct 2011, 9:26 pm
The piece states that the banks would be doing principal write-downs on loans they own or service. [read post]