0
Based on the limited information that I've found-- the homeowners may have been negotiating a modification or some other terms with the lender; or payments were received that were less than the amount that is in arrears. The bank refunds the amount that was "misapplied" to the mortgage during that period and proceeds with foreclosure. The banks state they could not accept less than the full amount including fees many of which ate not explained in written form. Hope this helps some. Ann
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What does funding reversal mean on a debit card?
what does visa reversal mean
What is RVSL?
Reversal
What is the role of reversal in a bank?
The role of reversal in a bank is to change the earlier decision of wrongfully sending cash to someone.
What does reversal cost mean?
A reversal can be a positive or negative change against the prevailing trend. Technical analysts watch for these patterns because they can indicate the need for a different trading strategy on the same security. For example, if a technical analyst holds stock ABC and notices a reversal pattern, he or she may want to consider closing his or her existing long position and assuming a short position to capitalize on the potential downward movement of the stock's price.
What does Adjustment reversal from Chase bank mean?
It means that Chase reversed an adjustment that they previous debited or credited to your account.
What is a synonym for setback?
check, reversal, delay
Can you take fmla for a tubal reversal surgery?
I am on FMLA after having a tubal reversal, but you may want to check with your HR/Benefits office to do double check your companies policy.
What is laspeyer's formula check whether it satisfy time reversal test?
A time reversal test will determine if a method will work forward and backwards. The Laspeyres formula check is, P01 X P10 =1.
What do Misapplication mean?
To use a phrase or word in an incorrect situation
Where can you have an consultation with a doctor about tubal reversal?
http://www.tubal-reversal.net/ Check this out. You can have your medical records sent here to be reviewed to see if you are eligible for a reversal. That is, if you were to have one, what the likely hood of it being successful.
What is pole reversal?
what is a pole reversal
When was The Reversal created?
The Reversal was created in 2010.
How many pages does The Reversal have?
The Reversal has 389 pages.
What does Mary Warren say to reverse her reversal of prior testimony in the book the crucible?
her reverse reversal is that she reversed her reversal a long time ago there for giving her a reversible revsered reversal.
Can you get a tubal reversal on Medicare?
I have Medicare and Medicaid can I get a tubal reversal with them.
What is the duration of Reversal of Fortune?
Reversal of Fortune was created on 1990-09-12.
What has the author Francis Drummond Fulford written?
Francis Drummond Fulford has written: 'The misapplication of labour' -- subject(s): Labor and laboring classes, Agricultural laborers 'The misapplication of labour' -- subject(s): Labor and laboring classes, Agricultural laborers, Travailleurs, Travailleurs agricoles
