Not exact matches
Keep in mind, that mortgage
agents work solely for the
bank that employ them, while brokers are independent and
represent a number of different lenders.
AbitibiBowater Inc.,
representing Bank of New York Mellon as collateral
agent in the chapter 11 case of this pulp and paper manufacturer.
We have also
represented real estate
agents accused of unethical conduct in the listing and sale of real estate before the Department of Consumer Protection — Real Estate Division, insurance brokers accused of improper handling of escrow funds before the Insurance Commission, and various other professionals before the State Architectural Licensing Board, the State Board of Examiners for Professional Engineers, the
Banking commissioner, and the State Board of Examiners for Nursing.
The clients
represented by Haynes and Boone include debtors, creditors, lenders, equity security holders and
agent banks.
Represented the FDIC as receiver for a failed
bank in numerous lawsuits resulting in the recovery of millions of dollars for losses arising from fraudulent mortgage schemes involving closing attorneys, title
agents, title insurers, straw buyers and mortgage brokers.
Dennis specializes in
representing lenders in making real estate construction, acquisition, and development loans, including representation of both
agents and member
banks in large syndicated credits.
Individuals wanting to purchase a term plan from the company will have to approach the intermediaries
representing the company like
agents, brokers,
banks, etc. to buy the plan.
I first find several properties that have potential and begin with the real estate
agents representing the owner, usually a
bank or a short sale.
Some
banks won't even let the listing
agent represent the buyer.
The
banks will also pay your
agent to
represent you.
You should select a highly competent
agent to
represent your interests with your
bank or lender and with the potential buyer of your property.??
Trade associations
representing various mortgage professionals and settlement
agents, a community
bank, and a non-depository lender recommended that the final rule impose waiting periods shorter than three business days, such as a one - business - day waiting period.
Various commenters
representing settlement
agents, a real estate
agent, title insurance companies, attorneys, credit unions, community
banks, and various trade associations
representing creditors, settlement
agents, and the title insurance industry were concerned that alternative 1 would increase coordination costs for industry because it would shift settlement activities to creditors, introduce unnecessary complexity to the settlement process, delay the underwriting of title insurance, delay closings, and increase costs and risk to consumers.
Several settlement
agents and a title insurance company indicated that the seller should be able to exercise a waiver; and a trade association
representing settlement
agents and a community
bank recommended that consumers and sellers should be required to execute a waiver to ensure that all parties can consider the effects of and necessity for a waiver.
Commenters included title and insurance companies, settlement
agents, law firms, mortgage brokers, attorneys, a large
bank, community
banks, and trade associations
representing creditors, attorneys, and settlement
agents.
Many commenters, including trade associations
representing settlement
agents,
banks, and real estate
agents, title insurance companies, settlement
agents, non-depository lenders, and attorneys, were concerned that the proposed exemptions would not cover all potential last - minute changes that presented relatively little consumer risk.
A variety of settlement
agents and trade associations
representing settlement
agents and
banks requested clarification on how a seller's settlement
agent would document settlements when the creditor provides the Closing Disclosure, and which document would serve as the ultimate disbursement document.
Under the final rule, creditors and settlement
agents are free to divide responsibility in a variety of ways, including but not limited to a division in which the creditor provides the Closing Disclosure three business days before consummation and the settlement
agent provides any corrected Closing Disclosure at consummation, subject to the provisions of § 1026.19 (f), as suggested as an alternative by some trade association commenters
representing banks and financial companies.
Other commenters, including trade associations
representing real estate
agents,
banks, and financial companies stated that other Bureau rulemakings under title XIV of the Dodd - Frank Act, such as the ability - to - repay, loan originator compensation, and HOEPA rulemakings made an additional three - business - day waiting period unnecessary.
A professional association
representing attorneys, a large
bank, and escrow
agent commenters explained that creditors are in a better position to provide and explain loan - related disclosures.
Some settlement
agents and various trade associations
representing settlement
agents, the title insurance industry, and
banks requested clarification on how «consummation» would be defined and how the proposal would apply in jurisdictions in which settlement and consummation occur at different times.
A variety of commenters
representing settlement
agents, community
banks, credit unions, title insurance companies, and trade associations
representing settlement
agents recommended that settlement
agents be responsible for the Closing Disclosure.
A wide variety of commenters
representing creditors and various trade associations
representing credit unions,
banks, and community
banks, settlement
agents and the title insurance industry, as well as the manufactured housing industry recommended that the Bureau assign settlement
agents substantive disclosure responsibilities so that creditors and settlement
agents would prepare information over which they have respective control.