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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

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Rachel Erdman

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3y ago

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Related Questions

What do Misapplication mean?

To use a phrase or word in an incorrect situation


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


What is it called when you use a word wrong?

Using a word incorrectly is called a misuse or a misapplication of the word.


What is misapplication reversal?

Misapplication reversal refers to a legal principle whereby a court overturns a previous ruling or decision due to the incorrect application of law or legal standards. This can occur when a judge misinterprets the law or applies it inappropriately to the facts of a case, leading to an unjust outcome. By reversing the misapplication, the appellate court aims to correct the error and ensure that the law is properly applied in future cases. This principle underscores the importance of accurate legal interpretation and its impact on justice.


What is the one word for serious mistakes?

sin, boo-boo, error, misapplication, misapprehension, miscalculation, misconception, misinterpretation,


What is the use of one's occupation for personal enrichment through the deliberate misue or misapplication of employer's resources called?

Occupational Fraud


What is the definition of misuse?

To treat or use improperly; to use to a bad purpose; to misapply; as, to misuse one's talents., To abuse; to treat ill., Wrong use; misapplication; erroneous or improper use., Violence, or its effects.


What are the results of bad hermeneutics?

Bad hermeneutics can lead to misinterpretation of texts, misrepresentation of the original intent, and skewed theological beliefs. It can result in confusion, contradiction, and misapplication of scripture. Ultimately, it can hinder spiritual growth and understanding of the sacred texts.


What causes poor piston ring sealing in diesel generators?

Poor piston ring sealing in diesel generators can be caused by damage or misapplication. If a diesel generator is left running under a low load it can cause poor piston sealing as well.


What is a misapplication reversal check?

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


Is it usually possible to observe physical objects breaking physical laws?

No, physical objects generally follow physical laws and do not break them. If an object appears to be breaking a physical law, it is more likely due to a misunderstanding or misapplication of the law rather than the object itself violating it.


What is the synonym of waste?

decay, desolation, destruction, devastation,dilapidation, dissipation, disuse, exhaustion,expenditure, extravagance, fritter, havoc,improvidence, lavishness, loss, lost opportunity,misapplication, misuse, overdoing, prodigality,ravage, ruin, squander, squandering,unthriftiness, wastage, wastefulness. Written by: Synonym MAN.