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If you have a boat and motor title that have a lien on them from 1995 who is the financial lender that would have purchased loans from NationsCredit?
Contact Bank of America. You should be able to find a contact number on their website.
What else can I help you with?
How do you get college loans?
You get loans in college by filling out a FAFSA, then speaking with your financial aid office, lender, and filling out a Master Promissary Note.
What is a company that offers country wide loans?
Countrywide Home Loans is a unit of residential lender Countrywide Financial's mortgage banking segment. It originates and invests in correspondent, consumer, and wholesale mortgage loans.
Why is homeowner's (hazard) insurance required on all mortgage loans?
Homeowner's insurance is required on all mortgage loans to protect the lender's investment in case of damage or loss to the property. This insurance ensures that the lender will be compensated if the home is damaged or destroyed, reducing their financial risk.
Can you consolidate Private student loans into federal student loans?
no. you will have to consolidate separately. with a federal lender then a private lender.
Financial trust extened to a person by a lender is called?
Financial trust extended to a person by a lender is called credit. It represents the lender's belief in the borrower's ability to repay borrowed funds based on their financial history and stability. Credit can take various forms, including loans, credit cards, and lines of credit, and is often assessed through a credit score.
What happens to loans when banks fail?
When banks fail, loans are typically transferred to another financial institution or a government agency. Customers are still responsible for repaying their loans, but the terms and conditions may change depending on the new lender.
Who is the equal home lender for this mortgage application?
The equal home lender for this mortgage application is a financial institution that does not discriminate based on factors like race, gender, or religion when providing loans for buying a home.
What happens to loans when a bank collapses?
When a bank collapses, loans are typically transferred to another financial institution or a government agency for collection. Customers are still responsible for repaying their loans, but the terms and conditions may change depending on the new lender.
What is SOP 03-3?
Accounting guidance that financial institutions must apply to account for purchased loans with credit deterioration.
What is Quicken Loans Mortgagee Clause?
The Quicken Loans Mortgagee Clause is a provision in a mortgage contract that designates Quicken Loans as the lender and outlines their rights in the event of a claim related to the property, such as insurance payouts for damages. This clause ensures that any insurance benefits go directly to the lender to cover the outstanding mortgage balance. It protects the lender's financial interest in the property while also ensuring that the homeowner maintains adequate insurance coverage.
What do you call a person who loans money?
A person who loans money is commonly referred to as a "lender." This term can apply to individuals, banks, or financial institutions that provide loans to borrowers with the expectation of repayment, often with interest. In a more specific context, a private individual who lends money might be called a "private lender" or "loan shark" if they charge excessively high interest rates.
Are bank loans financial assets?
Bank loans are financial assets for the banks and financial liabilities for recipients of the loans.
