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With respect to fund assets, and in particular illiquid assets, an accurate valuation is required for an RE to determine the: unit price in order for investors to enter into and exit from a scheme; value of units of a scheme for performance measures; price for buying and selling specific assets (including stakes in a company); and value of assets in financial reports, as required by the Corporations Act 2001 (Cth). [read post]
“The most fair and accurate reimbursements should account for a number of factors, which can vary depending on the nature of someone’s job, where they live and the type of home set-up they require. [read post]
20 Jul 2020, 2:59 pm
Sadly, some mortgage companies grossly exaggerate the amount you are behind. [read post]
  Portfolio companies of a private equity fund can qualify for the program only if the borrower, the fund and all of its affiliated portfolio companies collectively pass one of the prongs of the eligibility test. [read post]
3 Jul 2020, 6:43 am by Florence Campbell Jones
   Moratorium for mortgages and loans In addition to a moratorium on first-home mortgages, there is a moratorium applicable to credit granted to small and medium-sized enterprises (“SME“) until December 2020. [read post]
1 Jul 2020, 8:52 am by Richard J. Andreano, Jr.
“Wet funding” and “dry funding,” which varies by state, refer to when a mortgage is considered officially closed. [read post]
1 Jun 2020, 9:42 am by Janene Marasciullo
  The loan application requires the borrower to certify that:  (1) it was in operation on February 15, 2020 and had employees to whom it paid salaries and payroll taxes; (2) it needs the loan “to support ongoing operations” due to uncertainty of current economic conditions; (3) it will use the funds to retain workers and maintain payroll, or make mortgage interest, lease, and utility payments, and that not more than 25% of the forgiven amount would be for non-payroll… [read post]
2 May 2020, 2:18 pm by Christie D. Arkovich, P.A.
At that point, the mortgage company can either: Remain silent – the credit reporting agency must accept the information you provided; or Accurately report information. [read post]
1 May 2020, 2:11 am by Shannon O'Hare
Under certain conditions, loans to small companies outside of a group are also permitted. [read post]
They can help manage a distressed company, protect lenders’ collateral, and help ensure accurate, complete, and honest operation of the company — all of which have the potential to yield better long-term results for lenders, borrowers, other stakeholders and the economy at large. [read post]
Long before the pandemic hit, many “bad actor” companies took advantage of SBA rules and qualification thresholds to game the system. [read post]
21 Apr 2020, 3:36 pm by Wiggam & Geer
Will Geer was featured on The Meriwether & Tharp Show to explain the types of bankruptcy, discuss what you can expect from a bankruptcy court, and answer many divorce-related bankruptcy questions. [read post]
20 Apr 2020, 3:37 pm by Wiggam & Geer
Jason Wiggam: That is definitely accurate. [read post]
31 Mar 2020, 4:31 am by Shannon O'Hare
There are differences between the authorisations required to be a beneficiary of a chattel mortgage and pledge without transfer of possession, depending on the type of lender. [read post]
6 Mar 2020, 1:13 pm by Chiara De Cuia
Nevertheless, outside of the red zones, museums, offices and commercial activities remain open at the discretion of managers, companies and business owners. [read post]
14 Feb 2020, 10:00 pm by Joe
And they show that accurate financial reporting is critical. [read post]