A corporation or LLC.
This probably refers to classifying a borrower as a privately owned company (partnership, LLC or Sub-S corp.) versus a publicly owned corporation.
Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.
No LLC's do not have shareholders like corporations. LLC's have members which are similar to shareholders in a corporation.
"Nevada LLC is a corporate structuring, financial privacy company. It is financially private and is corporate structuring and is a corporation. It is a good corporation."
A corporation is owned by its stockholders.
In brief and generally, an LLC has the legal protections of a Corporation for its owners while having the tax benefits of a Partnership.
A corporation can be of any size, and if it is owned by another corporation it may have no employees at all.
Green Point went out of business some time ago and the servicing of their loans was sold in whole, or in part to Green Tree Servicing, LLc. Some of the loans are owned now by Green Tree and some of the loans may be owned by outside investors and serviced by Green Tree. Green Point is no longer in business.
There are 3 kinds: S corporation, C corporation and Limited Liability Company (LLC)
s corporation
Borden Milk Products L.P. is a privately held American corporation owned by the Dallas, Texas -based MilkProducts LLC, a subsidiary of Grupo Lala