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Loans
Money lent to individuals or businesses in return for interest in addition to repayment of principal. Common types of loans include commercial loans, interbank loans, mortgage loans, and consumer loans.
13,117 Questions
The situation you describe is not the norm. Check the land records. You should find your deed, mortgage and the mortgage discharge. It is doubtful you were able to mortgage land you didn't own. The bank would be unable to foreclose in the case of default. If no discharge has been recorded the call the lender and request that one be sent to you immediately and then record it.
On the other hand, if you live in a state that uses deeds of trust for mortgages then call the lender that sent the letter and paid note and ask them to help you.
How many biddles are there in the world?
there are lots. Biddle is a popular name. It is most common in england.
Loan fraud occurs when individuals or entities provide false information or misrepresent facts to obtain a loan they would not normally qualify for. This can include falsifying income, inflating property values, or using stolen identities. Such fraudulent activities can lead to significant financial losses for lenders and contribute to broader economic issues. Ultimately, loan fraud undermines the integrity of the financial system.
Can a pregnant women get a loan while on maternity leave?
I heard this morning on the news that lenders are no longer lending to women on leave for fear the woman will not return to the job.
What is required to get a youth grant in botswana?
Things that are required to get a youth grant in Botswana are a certified copy of Omang, a certificate of incooperation and resolution of share holders
When did people start getting 30 year mortgages and did America have 30 year mortgages in 1929?
I'm not quite that old but....I believe in 1929-early 30's mortgages only had terms of 3 to 5 years...Banks made people refinance them over & over. I believe in 1934 The National Housing Act allowed for longer term loans then the Servicemen's Act in 1944.
joint survivership
When you sell your house do you pay off your existing mortgage?
United Kingdom
Yes is generally the correct answer. Check with your lender for more details. It is possible to move a loan that is secured by a mortgage (or trust deed) to another property if the lender will approve the substitution of collateral. It is much more common when dealing with investor loans or in the UK. So, legally there is the possibility but practically most loans are paid off when the
property securing the loan is sold.
United States
In the United States the mortgage is paid off from the proceeds of the sale as part of the closing. That is one of the responsibilities of the attorney who represents the seller. Generally, mortgages contain a clause that allows the lender to demand immediate payment in full upon any change in ownership.
What is a good APR for a boat loan?
Current market interest rates in Australia are going up every month. A good rate for a new boat loan would be about 10%. Smaller and used boat loans a little higher. Check with Finance Ezi 1300 003 003
Does capital inflow lower US interest rates?
Basic text book models, such as the Mundell-Fleming model, say that capital inflow occurs due to the domestic interest rate being higher than the world interest rate, and thus capital inflow. So according to this model, it can lower interest rates so that interest rates stabilize to the world interest rate, but however there is a checklist that needs to be ticked off and this checklist is like a chain, for example if domestic interest rates are high then there is going to be capital inflow, the domestic currency will appreciate due to the increase in demand for the currency, thus Net Exports will decrease until exchange rates have stabilized. Hope this helps.
Where do you find note holders?
Go to the court and research the recordings and look for those that are not a bank nor an affiliation with one. The will typically say.
Can you take a loan on a property owned by your mother?
No. You have no rights in your mother's property.
What is the maximum APR in Iowa?
The maximum APR is 5 percent unless agreed upon in writing. This does not count loans for real property, business, or farming. If a judgment is received, the interest is set at 10 percent.
What is the best way to makeout?
when he puts his arm around you that means you lean in for it.....then just kiss it might seem weird but just remember its all kool....if he has bad breathe just leave or don't kiss him anymore.....if hes wering hollister or aero collonge or shirts with caki shorts ur in luck that's the best...then the best way to make out is to just go out and do it....for example if you and him are alone at the beach just talk then when your about to live just grab him and make out...not to much tongue tho...that's grosssss....and btw if someone calls you prude ignore it ......prude :afraid to kiss boys or go by them........
Please be safe and don't do anything you don't want to.....it will create many probloms
If a payoff on a mortgage is not provided by a lender can the seller's dismiss the mortgage?
If there is a lien on the title to the property, it would have to be satisfied for the seller to give "good and marketable title" to the buyer. I have never heard of a situation where a payoff could not be obtained and anyone was okay with it so I don't think the sellers can "dismiss the mortgage" under an circumstances.
Is not making mortgage payment considered fraud?
No. fraud, in the legal sense, is to deliberately mislead in order to benefit at another's expense.
If your car loan has been charged off can you request the title?
no they dont charge off car loans it would be repossed by the bank first.
This is untrue. I am in this situation- the loan was charged off and the car *has not been repossessed*. Does anyone have an answer?
Well, yes, you can REQUEST it. But you won't GET it. "Charged off" in just an accounting entry that keeps the bank from overstating its assets and anticipated income by removing loans that they do not expect to collect from their balance sheets. They still hold a lien on the vehicle and you cannot get a clear title.
What some shady folks do in this situation is to get trusted shop or friend to file a mechanic's lien on the vehicle that exceeds the value of the car. So say someone has a car worth $3000 at the wholesale price, a sketchy type will get an auto shop owned by buddy or their shade-tree mechanic brother-in-law to place a mechanic's lien on the car for $3200 (for either overpriced or non-existent work) and execute the lien.
Bank will not mess with claiming their stake, as the car is only worth 3K to them in addition to expenses and hassle of recovering. This is because the bank would be forced to pay the mechanic's lien of $3200 and be left with a car worth only $3000. Shop or buddy then signs the title over to the original buyer for usually a few bucks and everybody is happy except the bank.
Is it fraud to lie about income on a personal loan application?
Yes, it is. At least it is attempted fraud. It is both a civil wrong (a tort) and a criminal wrong. Fraud occurs when a person makes false statements to another, knowing they are false, intending that person to rely upon the statements to obtain something he is not otherwise entitled to and the person takes some action to his detriment relying on those statements. Lying about income is making a false statement, knowing it to be false. The application is used to convince the bank to give the loan and by submitting it, the person intends that the bank will give the loan in reliance on false information. If the bank turns the loan down, there is no damage to the bank and the applicant has not obtained anything, so there is no completed fraud. But attempted fraud is still a crime. If the bank lends the money and it cannot be repaid, the borrower is liable to the bank for its damages under the tort and will face jail and/or fines for the crime.
Something doesn't add up...I'm not sure your providing all the facts.
A bank (or any lender) does NOT have to believe, agree or even look at a credit report - in fact, many times they are referred to as credit mis-reports.
But they do have to adhere to the findings of the BK court. And if the debt was discharged, send them that court record.
But they would know there isn't a mortgage loan anymore...especially since, as a secured creditor, if the mortgage was included in the BK, they would have taken the house which was the security for the loan (you wouldn't own it anymore)...the court doesn't just discharge the debt and give you the property...unless maybe you mis-represented something in you BK filing...which can be fraudulent. ALL creditors, including your mortgage company are notified of the bankruptcy filing so there is no need to look at a credit report. Once the case has been filed it is unlawful for the creditor to attempt to collect the debt. No they most likely wouldn't have taken the house because of state exemptions for property.
Ok. In this situation the bank is a creditor, and being a creditor they want their money back, or as much of it as possible. So if you plan to let the bank forclose on your house, that means they are going to take the house, kick you out and try to sell it to somebody to recoup their investment. My suggestion to you would be to try and declare bankruptcy so you have a chance to save your home. Bankruptcy protection keeps the creditors off your back, though it does ruin your credit for 7 years.
She would certainly have been wiser to get her name on the mortgage if she is paying it, however, she can still claim the status of common-law marriage, and community property (although specific laws vary by state).
