Sentences with phrase «back against lender»

Now Foil, an affiliate member of the Central Arizona Board of REALTORS ®, is leading a charge to fight back against this lender pressure, a pressure that he and his colleagues describe as escalating at an alarming pace and threatening to send property values, in a scenario reminiscent of the 1980s, collapsing if the economy sinks.

One appraiser is leading a charge to fight back against lender pressure, a pressure that he and his colleagues describe as escalating at an alarming pace and threatening to send property values, in a scenario reminiscent of the 1980s, collapsing if the economy sinks.

Not exact matches

Coastal eventually took legal action against Muhlbach, alleging he had reached out to third parties and lenders to try to buy Lensway back.

SBA - backed 7 (a) loans, which are geared to small businesses, come with a government guarantee to lenders of up to 85 percent against default.

VA lenders look at back - end DTI ratios, meaning they measure a borrower's major monthly expenses against his or her gross monthly income.

And, to fight back against the spate of apartment buildings left in disrepair after foreclosure, lenders will now be responsible for keeping occupied buildings in decent shape.

By collecting the point up - front and possibly paying it back only if the borrower closes, the lender protects itself against the possibility the customer will defect to another lender during the time before closing.

Although FHA does not directly make mortgage loans, it insures FHA approved lenders against losses on loans backed by FHA.

• No private mortgage insurance: Since the VA backs these loans, there is no need for private mortgage insurance, which traditionally protects the lender against default.

Please remember that refusal or failure to pay back your cash advance may result in legal action against you by The Lender in an attempt to collect the advanced loan amount, interest and costs of collections.

Unlike conventional home loans, FHA loans are government - backed, which protects lenders against defaults, making it possible to for them to offer prospective borrowers more competitive interest rates on traditionally more risky loans.

FHA loans are government - backed, which protect lenders against defaults, making it possible to offer prospective borrowers lower interest rates.

That's not only because the borrower who has substantial skin in the game is unlikely to hand back the keys if finances get tough, but also because a large down payment protects the lender against sinking real estate values.

It involves when the lender will provide a guarantee against a short term loan which must be repaid back to the borrower.

Mortgage lenders check your credit score to gauge how good you'll be at paying them back, too, and a low credit score can definitely work against you.

The Greek government, elected early this year on a platform of ending years of austerity imposed by Germany and other lenders, is pushing back against further pension cuts and higher taxes, saying they would further weaken an already crippled economy.

Essentially, auto loans are secured loans, with the vehicle itself acting as a sort of collateral against default (i.e., if you don't pay back your loan, the lender can sell the car to get their money back), which means less risk to the lender.

The main feature of the FHA - backed mortgage was its Mortgage Insurance Premium (MIP) program, a self - sufficient insurance fund through which the FHA could insure the nation's lenders against «bad loans».

They are loans made by traditional lenders but backed by the government, guaranteed against default.

Your lender can file a civil lawsuit against you if you're unable to pay back my loan, however.

If you have a bad credit rating / history, then lenders will generally only offer you a secure loan, this means that your property will be put up as security against the loan and will be repossessed should you be unable to pay it back.

Technically it can't — Texas passed a law in 2012 specifically prohibiting lenders from filing criminal complaints against borrowers who can't pay back their loan.

The lender would hold this title as security against the loan, with a promise to transfer title back to the owner once the latter had repaid the mortgage loan in full.

Lenders will usually negotiate with the IRS to get rid of all liens or claims against the property before putting it back up for sale.

Now the collateral, or your home, is gone, so the mortgage is useless — there is nothing for the bank to take back — but the loan still exists and your lender has the right to sue you to get a judgment against you.

The main feature of the FHA - backed mortgage was its Mortgage Insurance Premium (MIP) program, a self - sufficient insurance fund through which the FHA could insure the nation's lenders against «bad loans».