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Articles, tagged with "borrower defaults", page 1

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Advice On Getting A No Guarantor Loans

11th July 2012
With no credit rating can be problematic for anyone when it comes to borrowing money. With the state of the financial market today, banks and lending institutions are very cautious about whom they will lend money. This has led to changes in their lending ... Read >
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HTL SLIPS ON DEBT PAYMENT, SBI TAKES OVER LAND

09th July 2009
State Bank of India (SBI) has taken possession of prime properties in Chennai , owned by Hindustan Teleprinters (HTL) after the company and its guarantor, Mahendra Nahata failed to pay debt of over Rs 103 crore in time. In a public notice issued ... Read >
Author: Raja Kaushar

New Loan Modification Guidelines: The Standard Waterfall

13th March 2009
It used to be a prelude to foreclosure when a homeowner fell behind on the mortgage payment. Lenders had no consistent set of guidelines on what to do when a borrower defaults, so they usually tacked the missed payments plus late fees onto the principal o... Read >
Author: Lindsy Emery

Home Finance Options For Single Moms

13th March 2009
Many single moms think they are doomed to renting due to their financial status. Most two-parent families are also two-income families, and this makes it much easier to get a mortgage, and, therefore, a home. Many single moms struggle to make ends meet fi... Read >
Author: Denise B
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