Articles, tagged with "borrowers", page 4
27th January 2010
Most lenders require that you pledge collateral to receive the personal loan that you need. Many borrowers, however, are very reluctant to pledge collateral such as their homes or cars, in an uncertain economy in order to obtain a personal loan. If you ar...
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Author:
Lara Sawyer
04th January 2010
The following are some miscellaneous legal issues that may affect a foreclosure case. These include the issue of putting a case into federal court from state court, as well as diversity jurisdiction. Finally, if homeowners win a case against a bank, and t...
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Author:
Nick Adama
10th November 2009
Homeowners are often worried that the foreclosure process will never end. The bank will sue them, publish their personal financial problems in the newspaper, take their home back, evict them, and then sue them again for any deficiency from auctioning the ...
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Author:
Nick Adama
09th November 2009
Too many homeowners who have already lost their homes are looking for one final chance to get them back. They have contacted nearly every loss mitigation company, nonprofit organization, and government agency in the country, all of which have informed the...
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Author:
Nick Adama
04th November 2009
Before you apply for credit, it's important to understand the new National Credit Act, and its effect on consumers in South Africa.
The South African National Credit Act (NCA) has significantly affected the way that credit is granted and used in South ...
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Author:
AlterSage
22nd October 2009
When banks foreclose on a home, the owners are often confused by the language used in the various legal documents. One of the terms that causes the most confusion is "default." There are at least two different ways that this word is used during the forecl...
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Author:
Nick Adama
19th October 2009
Many people know that till recent past Citibank borrowers had no hope if they needed a loan modification. But with the efforts of the present government, Citibank loan modification has become feasible for their customers. However it is only before a y...
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Author:
Wes Kennedy
15th October 2009
The US Department of Housing and Urban Development (HUD) has established requirements that lenders must meet in order to bring a legitimate foreclosure action against homeowners. These rules apply to mortgages that are insured by the Federal Housing Admin...
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Author:
Nick Adama
09th October 2009
Poor credit signature loans plan is particularly tailored for the borrowers who have a bad credit record. You desire to get better your credit record. Poor credit signature loans are good for that work. Mostly signature loans are meant for the good credit...
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Author:
Robart Watson
22nd September 2009
In Foreclosure
Power of Sale Foreclosure vs. Judicial Foreclosure, how fast can the bank foreclose?
First of all, most lenders will not begin foreclosure proceedings until a borrower is 3-6 months behind on their payments. Although missing a singl...
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Author:
John Stewart
17th September 2009
Those who are starting on the film and movie industry often run into an obstacle that is very hard to overcome: The lack of funding. Fortunately, more and more banks and financial institutions are considering film and movie projects for extending loans an...
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Author:
Devora Witts
11th September 2009
In the past couple decades, since the government essentially created the abuse-encouraging mortgage servicing industry, there has been a wave of lawsuits against these servicers for a range of activities. Obviously, there is a systemic problem and homeown...
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Author:
Nick Adama
11th September 2009
Loan with Bad Credit have been planned for the people who are the holder of bad credit record such as amount outstanding, arrears, defaults, late payments, insolvency, country court judgments (CCJs), individual voluntary agreements (IVA) and so on. Genera...
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Author:
Bob Moore
07th September 2009
Department of Housing and Urban Development Secretary Shaun Donovan proclaimed today the Federal Housing Administration has completed changes to its loan modifications initiative so that it will further tie in with President Obama's Home Affordable Modifi...
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Author:
Loan Modification
29th August 2009
In states that allow a nonjudicial foreclosure through a power of sale clause in a deed of trust, homeowners find that their properties are sold out from under them without a hearing or chance to defend themselves. In fact, it is up to the borrowers to br...
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Author:
Nick Adama