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25 Jun 2010, 11:42 am
It sought to recover money allegedly owed under “various loans,” including a $133.1 million mortgage note owed by Concord Resort, LLC (a Cappelli-controlled entity) that related to the development of a casino and resort in Sullivan County, New York. [read post]
24 Jun 2010, 6:15 am
Therefore, unless the state specifically so provides, mechanic's liens do not attach to the title owned by the state or its administrative subdivisions, such as cities. [read post]
22 Jun 2010, 8:18 am
How had Citi’s star fallen so far so fast? [read post]
19 Jun 2010, 5:59 am
And might I mention… “from homes with sub-prime loans to homes with vanilla mortgages. [read post]
13 Jun 2010, 9:44 am
The numbers include items such as credit cards and car loans, but do not take into account mortgage debt, which is often excluded from consumer debt surveys. [read post]
11 Jun 2010, 6:20 pm
As the city did not conclusively refute the estoppel defense, final summary judgment was improper.Likewise, in Knight Energy Servs., 660 So. 2d at 788, a major supplier of motor fuel loaned a sum of money to some established petroleum franchises operating branded retail stations. [read post]
11 Jun 2010, 6:00 am
Subprime mortgage debacle along with liar's loans. 5. [read post]
9 Jun 2010, 12:50 pm
Financial firms use cash from the loans to buy securities, then use the purchased securities as collateral for other loans, and buy more securities. [read post]
9 Jun 2010, 7:28 am
He owes creditors on mortgages, second mortgages, 9 different student loans and was behind on his child support among other debts. [read post]
6 Jun 2010, 9:10 am
Underwater Homes One of the biggest problems homeowners face today is negative equity: when you owe more on a home loan than the property is currently worth, you’re said to have negative equity, or be “underwater” on your mortgage loan. [read post]
3 Jun 2010, 6:28 am
DBRS, launched in 1976 to rate short-term corporate loans in Canada, is now among the five *largest ratings firm in the US As I posted a year and a half ago, after the IUHF conference in Sun City, Canada came through the credit crunch remarkably unscathed. [read post]
2 Jun 2010, 4:12 am
I worked for several divisions at the corporate level for many years, including JPMorgan/RPS, which stands for Retirement Plan Services, headquartered in Kansas City, MO. [read post]
1 Jun 2010, 12:35 pm
” This has some people crying foul, and it has my friend and colleague Jay Fleischman, a New York City bankruptcy lawyer, a bit peeved at The Times. [read post]
1 Jun 2010, 2:37 am
Jordan, who was a mortgage loan broker for various mortgage brokers in the Kansas City, Missouri area, admitted that she participated in a …Read More... [read post]
28 May 2010, 7:31 am
The property is worth less than the remaining loan unpaid principal balance (UPB). [read post]
27 May 2010, 6:11 am
Similarly, Moodyandrsquo;s Investors Service observed that there had not merely been a one-time shift in the quality of loans, but that there appeared to be a trend of weakening loan quality. [read post]
25 May 2010, 10:12 am
When we went to sign up for our first mortgage in 1981, the interest rates being charged for a 30-year home loan were in the neighborhood of 16%. [read post]
24 May 2010, 1:08 pm
Loan modifications benefit the banks more than they do homeowners, because the homeowners are paying on underwater loans, they’re paying for lost equity. [read post]
21 May 2010, 6:59 am
Zuber admitted that he and his coconspirator omitted material facts from the client and mortgage companies to obtain hundreds of thousands of dollars from the mortgage company. [read post]
20 May 2010, 12:00 pm
In New York City, nearly 30,000 homes were foreclosed on from 2008 to 2009. [read post]
