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What else can I help you with?
Can a co-signer register a car on behalf of the primary borrower?
Yes, a co-signer can register a car on behalf of the primary borrower if the primary borrower authorizes them to do so.
Where does the seller's concession appear on the HUD1?
Under Amount Paid by or in Behalf of Borrower.
How does the use of escrow impact mortgage payments?
The use of escrow in mortgage payments impacts them by allowing the lender to collect funds for property taxes and insurance, which are then paid on the borrower's behalf. This helps ensure that these expenses are covered and prevents the borrower from facing a large, unexpected bill.
What is a Term A vs Term B loan?
When the 'primary' lender decides to syndicate the loan, it always/(usually?) maintains a portion of the loan for its own account (the "A loan"), while selling participations in the remainder (the "B Loan"). The primary lender is the sole contractual lender, acting on behalf of both itself and the B loan participants. Normally there is a single loan agreement between the primary lender and the borrower for the full amount of the financing to be provided by the primary and the participating institutions. It encompasses both the A and B loans, although the tenors of the two loans may differ.
How long must a mortgage broker maintain loan files in Florida?
Per FS 494.0016 All books, accounts, records, documents and receipts for expenses paid the licensee on behalf of a borrower, including each closing statement signed by the borrower, shall be preserved and kept available for examination for at least 3 years after the date of original entry
Can a co-signer register a car on behalf of the primary borrower?
Yes, a co-signer can register a car on behalf of the primary borrower if the primary borrower authorizes them to do so.
Can a cosigner sue the signer?
If the co-signer was forced to pay off the loan they may be able to sue the primary borrower. They need to consult with an attorney in their jurisdiction or file a claim in small claims court if appropriate for the amount of the claim.If the co-signer was forced to pay off the loan they may be able to sue the primary borrower. They need to consult with an attorney in their jurisdiction or file a claim in small claims court if appropriate for the amount of the claim.If the co-signer was forced to pay off the loan they may be able to sue the primary borrower. They need to consult with an attorney in their jurisdiction or file a claim in small claims court if appropriate for the amount of the claim.If the co-signer was forced to pay off the loan they may be able to sue the primary borrower. They need to consult with an attorney in their jurisdiction or file a claim in small claims court if appropriate for the amount of the claim.
Where does the seller's concession appear on the HUD1?
Under Amount Paid by or in Behalf of Borrower.
Can a co signer sue the car owner?
Generally, yes, assuming that the "car owner" is the person who took out the loan that was co-signed AND that the owner defaulted on the loan and the co-signer was forced to pay the balance of the loan. Typically, the main borrower, i. e. the car owner, is primarily liable for the loan while a co-signer is only secondarily liable. This means that the co-signer has no obligation to make payments unless the primary borrower defaults. In most contracts involving co-signers, the contract will have a provision that if the co-signer has to pay on behalf of the primary borrower, then the primary borrower must indemnify the co-signer. If the primary borrower refuses to pay the co-signer, the co-signer can sue the car owner to recover what he paid for the car owner.
Is it possible to register a domain through Google?
One can register a domain name through Google although they are not themselves a domain registrar. They have agreements with firms such as GoDaddy and eNom to register the domains on the behalf of their customers.
Does the cosigner that's name is 2nd actually count?
Yes, of course your cosingers signature means something. It means that there is no way for to have been approved for what you applied for without their good credit to back you. It also means ,God knows I hope your cosigner has some sense, that your cosigner is 100% responsible for any default of restitution on your part. The cosigner is essentally applying for the very same thing you are--for you--on your behalf almost. Be good to your friend, parent, whoever has helped you and repay your loan on time.Happy holidays.
How does the use of escrow impact mortgage payments?
The use of escrow in mortgage payments impacts them by allowing the lender to collect funds for property taxes and insurance, which are then paid on the borrower's behalf. This helps ensure that these expenses are covered and prevents the borrower from facing a large, unexpected bill.
What is a Term A vs Term B loan?
When the 'primary' lender decides to syndicate the loan, it always/(usually?) maintains a portion of the loan for its own account (the "A loan"), while selling participations in the remainder (the "B Loan"). The primary lender is the sole contractual lender, acting on behalf of both itself and the B loan participants. Normally there is a single loan agreement between the primary lender and the borrower for the full amount of the financing to be provided by the primary and the participating institutions. It encompasses both the A and B loans, although the tenors of the two loans may differ.
What statement best reflects a primary goal of the principle of representative democracy?
legislators vote on laws on behalf of citizens.
Should I call fraud lawyers for identity theft?
No, there are several companies that deal with identity theft. You should register for these companies, and they will hire the lawyer on your behalf.
Can a repossession agent take a vehicle without waiting for the borrower to show proof that payments have been made?
Yes. It is perfectly legal for a repossession agent to take possession of a vehicle when they are acting on behalf of the lender. The repossession agency does not have the option of allowing the borrower to retain the vehicle even though proof is presented that payments have been rendered. Such issues are strictly between the borrower and the lender. The lender and/or court being the only parties that can rescind the repossession action.
How long must a mortgage broker maintain loan files in Florida?
Per FS 494.0016 All books, accounts, records, documents and receipts for expenses paid the licensee on behalf of a borrower, including each closing statement signed by the borrower, shall be preserved and kept available for examination for at least 3 years after the date of original entry
