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6 Nov 2013, 5:59 am
The program was designed to allow defaulting mortgagees across the state to negotiate with their lender and remain in their homes. [read post]
15 May 2010, 8:55 am
For example, the SEC must determine the feasibility of standardizing the market stress conditions under which ratings are evaluated, and requiring a quantitative correspondence between credit ratings and a range of default probabilities and loss expectations under standardized conditions of economic stress. [read post]
27 Aug 2012, 6:10 am
When the borrowers default, the intermediaries suffer losses and tighten lending standards to future borrowers. [read post]
6 May 2015, 6:25 am
HAMP Tier 2 is available to homeowners who want to modify a rental property, did not qualify for HAMP because their debt-to-income ratio was 31% or lower, received a HAMP trial period plan but defaulted in their trial payments, or received a HAMP permanent modification, but defaulted in their payments within a ninety (90) day time frame and lost good standing. [read post]
28 Apr 2010, 7:37 am
During the Asian crisis in 1997, Russia’s debt default took the world by surprise. [read post]
18 Oct 2021, 7:36 am
In March 2021, the petitioner made a motion for a default judgment. [read post]
19 Oct 2011, 6:37 am
In the absence of an Operating Agreement, the parties are bound by the default terms of the New York Limited Liability Company Law. [read post]
22 Apr 2014, 2:48 pm
Complaints from private student loan borrowers suggest that industry participants are automatically placing loans in default – even when a borrower is paying as agreed. [read post]
6 Aug 2012, 8:15 am
First note the setting of the “default”. [read post]
29 May 2011, 5:44 am
The large number of defaults represented a collapse of the prior relationship between the PE industry and targets. [read post]
7 Mar 2021, 3:50 pm
“Users, however, typically do not change their default settings even when it means their data is being collected. [read post]
18 Oct 2018, 11:30 am
Brian will participate in a panel discussion regarding “Hotbed Statute of Limitation Jurisdictions: Drawing the Line on Date of Breach, Foreclosure Nuances, and Default Notices. [read post]
29 Aug 2022, 8:24 am
While there are default rules of succession when you die without a will, it is best practice to avoid dying intestate (i.e., without a will) because these default rules may not accurately reflect your true wishes. [read post]
8 Feb 2012, 7:04 am
” Although the court concluded the death penalty (a default judgment) was inappropriate in the case, the court did award monetary sanctions. [read post]
2 Apr 2012, 12:11 pm
At the end of last week, a third Bloomberg article reported that the Department of Education had reached a decision on a rule proposed a year ago which would mandate that debt collectors allow those with defaulted student loans make minimum payments based on their ability to pay, rather than the actual loan amount. [read post]
29 Jun 2011, 6:05 am
It may seem like a fairy tale, but here is the law and how it was applied: In New York, a party moving to dismiss a default must demonstrate a reasonable excuse for the default and demonstrate a potentially meritorious defense. [read post]
29 Jul 2012, 10:15 am
The sad reality is that debtors can fight these lawsuits but often do nothing and end up with a default judgment on their records. [read post]
17 Apr 2024, 6:31 am
Under this accounting, corporate law’s essential remit is to act as an enabling platform, providing a series default governance rules that countenance (and even invite) additional tailoring by participants. [read post]
24 May 2010, 6:05 am
A May 21st New York Times article reported that the Standard & Poor’s/Experian Consumer Credit Default Indices shows that the default rate on credit card loans recently climbed to its highest point, 9.14 percent, since the index first began in 2004. [read post]
18 Nov 2019, 12:23 pm
The AGs ask the ED when it will instruct prior servicers of defaulted loans and credit reporting agencies to remove information relating to discharged loans from credit reports of ITT borrowers. [read post]
