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What is a coborrower's liability on a Mortgage?
The liability is 100%. Both are 100% responsible for payment.
You cant get a mortgage loan can i put your sister on the loan eventhough she live on a different state?
You can add your sister that lives out of state. One of my personal favorite loan for this is the FHA loan. She will be classified as a "Non-Occupying CoBorrower"
What happens when a coborrower stops paying their portion of mortgage?
The other co-signer is responsible for paying the mortgage. If the mortgage goes into default both credit records will be ruined. Both signers are equally responsible for full payment. If one doesn't pay the other must or the bank will foreclose.
Does banker have right to search your credit when not a coborrower on spouses refi of 85k rental home I have a 7 year old discharged bankruptcy but a 729 score and not working and he 855 with 95k year?
sounds like he is the borrower. You can not be a borrower without income. You can be on the titlewithout income you should not be on the loan. The bank has to check just his credit with just his income . thanks John d the mortgage man
Can a person's name be removed from a loan as coborrower if he wins a civil lawsuit?
It depends on the circumstances. That depends on whether the bank was a party to the lawsuit. If the court ruled the loan document was a forgery it may be binding on the bank. If you co-signed a loan and sued the other borrower regarding the payments, the bank isn't obligated to take your name off as co-signer. You would need to negotiate with the bank.
How do you be on deed without being coborrower?
To be on a deed without being a co-borrower, you can become a co-owner through other means, such as gifting or inheritance. However, being on the deed does not necessarily give you rights and obligations related to the mortgage or loan on the property. Being a co-borrower involves being held responsible for repayment of the loan, while being on the deed simply indicates your legal ownership of the property.
Words with the three letters cup?
grep cup /usr/share/dict/words acupress acupressure acupunctuate acupunctuation acupuncturation acupuncturator acupuncture alecup anteoccupation archcupbearer Ascupart aucupate bluecup bridecup buttercup concupiscence concupiscent concupiscible concupiscibleness concupy creamcup cup cupay cupbearer cupboard cupcake cupel cupeler cupellation cupflower cupful cuphead cupholder cupidinous cupidity cupidon cupidone cupless cupmaker cupmaking cupman cupmate cupola cupolaman cupolar cupolated cupped cupper cupping cuppy cuprammonia cuprammonium cupreine cuprene cupreous cupressineous cupric cupride cupriferous cuprite cuproammonium cuprobismutite cuprocyanide cuprodescloizite cuproid cuproiodargyrite cupromanganese cupronickel cuproplumbite cuproscheelite cuprose cuprosilicon cuprotungstite cuprous cuprum cupseed cupstone cupula cupulate cupule cupuliferous cupuliform decuple decuplet dewcup dicecup dihydrocupreine dihydrocuprin disoccupation disoccupy dodecuplet duodecuple eggcup eggcupful encup ethylhydrocupreine eyecup fevercup giltcup goldcup hiccup hydrocupreine inoccupation kingcup leafcup misoccupy nonoccupant nonoccupation nonoccupational nonrecuperation nuncupate nuncupation nuncupative nuncupatively occupable occupance occupancy occupant occupation occupational occupationalist occupationally occupationless occupative occupiable occupier occupy oilcup overcup overpreoccupation overpreoccupy porcupine porcupinish preoccupancy preoccupant preoccupate preoccupation preoccupative preoccupied preoccupiedly preoccupiedness preoccupier preoccupy queencup recuperability recuperance recuperate recuperation recuperative recuperativeness recuperator recuperatory reoccupation reoccupy scup scupful scuppaug scupper scuppernong scuppet scuppler semicup semicupium semicupola sescuple subdecuple sucupira suncup teacup teacupful toothcup uncupped undercup underoccupied unoccupancy unoccupation unoccupied unoccupiedly unoccupiedness unpreoccupied unrecuperated vesicupapular watercup whitecup yellowcup
What is the rate of crashes with drinking and driving?
by David J. Hanson, Ph.D. The Insurance Institute for Highway Safety in an unbiased evaluator of all the causes of traffic crashes, injuries and deaths. The insurance companies that sponsor its work are interested in reducing traffic accidents. Neither the insurance industry nor the Institute has an ideological agenda to promote. The following information is from the Institute's web site Question and Answer page about alcohol: What proportion of all motor vehicle crashes is caused by alcohol? It is impossible to say with certainty. Although alcohol is known to increase crash likelihood, its presence is neither necessary nor sufficient to cause a crash. Every crash in which a driver has a high BAC is not caused by alcohol. To learn the number of crashes caused by driving at various BACs, it would be necessary to find out how many trips that do not involve crashes are driven by people with positive BACs -- something that is only measured periodically in roadside surveys or special studies of motorists not involved in crashes. What proportion of motor vehicle crashes involves alcohol? The most reliable information about alcohol involvement comes from fatal crashes. In 2002, 32 percent of fatally injured drivers had BACs of at least 0.08 percent. Although alcohol may not have been a causal factor in all of the crashes, this statistic is frequently used to measure the change over time in alcohol involvement in fatal crashes. In 2002, the National Highway Traffic Safety Administration (NHTSA) estimated that 35 percent of all traffic deaths occurred in crashes in which at least one driver or nonoccupant had a BAC of 0.08 percent or more and that any alcohol was present in 41 percent of all fatal crashes in 2002.Such statistics are sometimes cited as proof that a third to half of all fatal crashes are caused by "drunk driving" and that none of the crashes that involve alcohol would occur if the alcohol were not present. But this is incorrect and misleading because alcohol is only one of several factors that contribute to crashes involving drinking drivers. Furthermore, some fatally injured people in alcohol-related crashes are pedestrians with positive BACs, and these fatalities still would occur even if every driver were sober. Alcohol involvement is much lower in crashes involving nonfatal injuries, and it is lower still in crashes that do not involve injuries at all. 1 Ten percent (10%) of all people who receive injuries in traffic accidents do so in alcohol-related crashes, according to NHTSA estimates. It is estimated that 3.22% of these injury-producing crashes involve intoxicated drivers. Seven percent (7%) of all traffic accidents involve alcohol use, according to NHTSA estimates. It is estimated that 2.25% of all vehicular crashes involve intoxicated drivers. These statistics are all estimates based on incomplete information. Often they are estimates based on other estimates. However, 12.8% of all drivers involved in fatal accidents in the U.S. during 2001 are known to have been intoxicated according to the BAC laws (.10 or .08) of their state. This number is based on a systematic examination of the official records of each and every accident involving a fatality during that year in the US. It is based on factual evidence rather than on estimates or guesses. The higher numbers commonly reported in the press refers to accidents in which NHTSA believesthat some alcohol has been consumed by someone associated with the accident. For example, if a person who was believed to have consumed any alcohol is stopped at a red light and is rear-ended by an inattentive completely sober driver, that accident is considered to be alcohol-related. Alcohol consumption, cell phone use, drowsy driving, aggressive driving, and drugged driving are all important but preventable causes of traffic accidents, injuries and deaths. However, virtually ignored have been the other major causes of vehicular crashes. For example, using a cell phone is even more dangerous than driving while intoxicated. A person who dies in a traffic crash is just as dead whether the accident was caused by a drunk driver, a cell phone user, an aggressive driver, or a drugged driver. by David J. Hanson, Ph.D. The Insurance Institute for Highway Safety in an unbiased evaluator of all the causes of traffic crashes, injuries and deaths. The insurance companies that sponsor its work are interested in reducing traffic accidents. Neither the insurance industry nor the Institute has an ideological agenda to promote. The following information is from the Institute's web site Question and Answer page about alcohol: What proportion of all motor vehicle crashes is caused by alcohol? It is impossible to say with certainty. Although alcohol is known to increase crash likelihood, its presence is neither necessary nor sufficient to cause a crash. Every crash in which a driver has a high BAC is not caused by alcohol. To learn the number of crashes caused by driving at various BACs, it would be necessary to find out how many trips that do not involve crashes are driven by people with positive BACs -- something that is only measured periodically in roadside surveys or special studies of motorists not involved in crashes. What proportion of motor vehicle crashes involves alcohol? The most reliable information about alcohol involvement comes from fatal crashes. In 2002, 32 percent of fatally injured drivers had BACs of at least 0.08 percent. Although alcohol may not have been a causal factor in all of the crashes, this statistic is frequently used to measure the change over time in alcohol involvement in fatal crashes. In 2002, the National Highway Traffic Safety Administration (NHTSA) estimated that 35 percent of all traffic deaths occurred in crashes in which at least one driver or nonoccupant had a BAC of 0.08 percent or more and that any alcohol was present in 41 percent of all fatal crashes in 2002.Such statistics are sometimes cited as proof that a third to half of all fatal crashes are caused by "drunk driving" and that none of the crashes that involve alcohol would occur if the alcohol were not present. But this is incorrect and misleading because alcohol is only one of several factors that contribute to crashes involving drinking drivers. Furthermore, some fatally injured people in alcohol-related crashes are pedestrians with positive BACs, and these fatalities still would occur even if every driver were sober. Alcohol involvement is much lower in crashes involving nonfatal injuries, and it is lower still in crashes that do not involve injuries at all. 1 Ten percent (10%) of all people who receive injuries in traffic accidents do so in alcohol-related crashes, according to NHTSA estimates. It is estimated that 3.22% of these injury-producing crashes involve intoxicated drivers. Seven percent (7%) of all traffic accidents involve alcohol use, according to NHTSA estimates. It is estimated that 2.25% of all vehicular crashes involve intoxicated drivers. These statistics are all estimates based on incomplete information. Often they are estimates based on other estimates. However, 12.8% of all drivers involved in fatal accidents in the U.S. during 2001 are known to have been intoxicated according to the BAC laws (.10 or .08) of their state. This number is based on a systematic examination of the official records of each and every accident involving a fatality during that year in the US. It is based on factual evidence rather than on estimates or guesses. The higher numbers commonly reported in the press refers to accidents in which NHTSA believes that some alcohol has been consumed by someone associated with the accident. For example, if a person who was believed to have consumed any alcohol is stopped at a red light and is rear-ended by an inattentive completely sober driver, that accident is considered to be alcohol-related. Alcohol consumption, cell phone use, drowsy driving, aggressive driving, and drugged driving are all important but preventable causes of traffic accidents, injuries and deaths. However, virtually ignored have been the other major causes of vehicular crashes. For example, using a cell phone is even more dangerous than driving while intoxicated. A person who dies in a traffic crash is just as dead whether the accident was caused by a drunk driver, a cell phone user, an aggressive driver, or a drugged driver.
