Sentences with phrase «by first liens»

The loans you invest in are secured by first liens on real estate properties.

Loan secured by a first lien against a single family home.

The 2nd lien holder has a loss sharing arrangement with the FDIC that will allow them to collect substantially more than the amount offered by the first lien holder under the short sale scenario.

The loan must be secured by the first lien (your existing 1st mortgage) on the property.

The 2nd lien holder has a loss sharing arrangement with the FDIC that will allow them to collect substantially more than the amount offered by the first lien holder under the short sale scenario.

All loans are secured by a first lien on the property.

You need to do a lot of research on those to make sure you will be getting them free and clear, most will be encumbered by a first lien or they will be priced too high to purchase for 6k cash.

(vi) The amount of any loan secured by a first lien on the property that will be paid off as part of the real estate closing, labeled «Payoff of Second Mortgage Loan»;

Not exact matches

First, RadioShack was party to a $ 585 million 2013 asset - based credit facility secured by a first priority lien on current assets, and a second priority lien on certain non-current assets (2013 credit agreemFirst, RadioShack was party to a $ 585 million 2013 asset - based credit facility secured by a first priority lien on current assets, and a second priority lien on certain non-current assets (2013 credit agreemfirst priority lien on current assets, and a second priority lien on certain non-current assets (2013 credit agreement).

M360 Advisors («M360») is a U.S. - based investment management company that manages diversified portfolios of senior debt investments secured by first - priority liens on income - producing commercial real estate throughout the United States.

HOPE LIEN: Well surprisingly at my very first pumping session I did get some drops of kind of like sticky milk, I did not produce colostrum when you induce lactation but it was like a thicker kind of milk almost like honey or something like that and I was really surprised by that because I read from some other people it takes some a little bit longer and so I was really impressed that I had any milk...

The existing first lien may include the interest charged by the servicing lender, when the payoff is not received by the first of the month, but may not include any delinquent interest.

b) The sum of the existing first lien, any purchase money second mortgage and / or any junior liens over 12 months old, closing costs, prepaid expenses, accrued late charges, escrow shortages, borrower paid repairs required by the appraisal, discount points, prepaid penalties charged on a conventional loan and FHA Title 1 loans as determined by the appropriate HOC subtract any refund of refund of upfront MIP.

The existing first lien may include the interest charged by the servicing lender when the payoff is not received on the first day of the month as is typically assessed on FHA mortgages, late charges or escrow shortages, but may not include delinquent interest.

«Over half of the nation's tappable equity is held by borrowers with first - lien interest rates below 4.0 percent, making HELOCs an attractive option.»

If a loans meets the following tests, it is covered under the law: 1) For a first - lien loan otherwise referred to as the original mortgage on the property - the Annual Percentage Rate (APR) exceeds by more than 8 percentage points compared against the rates on Treasury securities of comparable maturity; 2) For a second - lien loan otherwise referred to as a 2nd mortgage - the APR (Annual Percentage Rate) exceeds by more than 10 percentage points compared to the rates in Treasury securities of comparable maturity; or the total points and fees payable by the borrower at or before closing exceed the larger of $ 561 or 8 % of the total loan amount.

If you qualify, all mortgages except the first would no longer be secured by your home, and you would never make payments on those liens ever again.

One alternative is to refinance with another lender by paying off the first lenders, terminating the original lien, and getting a larger secured loan from the second lender.

«In the third quarter of 2010,» says Freddie Mac, «33 percent of homeowners who refinanced their first - lien home mortgage lowered their principal balance by paying - in additional money at the closing table.»

The Principal Reduction with Recast Program or Lien Extinguishment (PRRPLE) program will lower monthly mortgage payments to affordable levels for eligible homeowners by providing (i) a reduction in the principal balance of their first mortgage loan, combined with a loan recast or modification, or (ii) principal reduction which results in a full lien extinguishmLien Extinguishment (PRRPLE) program will lower monthly mortgage payments to affordable levels for eligible homeowners by providing (i) a reduction in the principal balance of their first mortgage loan, combined with a loan recast or modification, or (ii) principal reduction which results in a full lien extinguishmlien extinguishment.

The Principal Reduction with Recast Program or Lien Extinguishment (PRRPLE) will lower monthly mortgage payments to affordable levels for eligible homeowners by providing (i) a reduction in the principal balance of their first mortgage loan, combined with a loan recast or modification, or (ii) principal reduction which results in a full lien extinguishmLien Extinguishment (PRRPLE) will lower monthly mortgage payments to affordable levels for eligible homeowners by providing (i) a reduction in the principal balance of their first mortgage loan, combined with a loan recast or modification, or (ii) principal reduction which results in a full lien extinguishmlien extinguishment.

HELOCs and HELOANs are also called «second mortgages» because their liens are «junior» to the lien held by the lender with the first mortgage.

How to Purchase Your First Stock (with workbook and live lesson by a former stock broker) How to Start Investing in Tax Liens AND MORE!!!!

If you find yourself underwater on your home based on the balance of your first mortgage, additional mortgage liens are considered «undersecured» and are eligible to be removed or stripped by the bankruptcy court.

This notion is further supported by the inherent risk premium for stocks over bonds because stockholders are behind bondholders in the first lien on a company's resources in bankruptcy.

The existing loan to be refinanced may not have been brought current by the existing first lien holder, except through an acceptable permanent loan modification

First Lien Position — Primary claim by a lender for satisfaction of outstanding debt.

The selection universe for the Index (the «SelectionUniverse») includes U.S. - listed fixed income ETFs advised by SSGA FM or its affiliates that are designed to target exposure to fixed income securities, including U.S. and non-U.S. developed and emerging market bonds, treasury bonds, corporate bonds, high yield bonds, inflation - protected bonds, floating rate notes, first lien senior secured floating rate bank loans, U.S nonconvertible preferred stock and other preferred securities, U.S. municipal bonds and U.S. convertible securities.

Based on a sample of almost 40 million first lien loans serviced by mortgage companies, commercial banks, thrifts, credit unions and others, NDS provides quarterly delinquency and foreclosure statistics at the national, regional and state levels.

She and her husband / co-debtor borrowed $ 125,000, secured by a first - mortgage lien on the property, in 2004.

A Typical 504 project includes: 1) a loan extended by a commercial bank with a first lien on the asset financed; 2) a second lien loan secured from a CDC with a 100 percent SBA - guaranteed debenture for up to 40 percent of the total cost; and 3) an equity investment of at least 10 percent from the borrower.

In particularly, Rob Zacny's extended exploration of the tragic downfall of THQ's Kaos Studios (responsible for the first - person shooter, Homefront) and Tracey Lien's investigation into the trials faced by Middle Eastern game developers are both must - reads.

«The purpose of the lien statute would be eviscerated if an inventor could just sell a valuable property right, one that was obtained by the attorney's work in the first instance, and pocket the proceeds.

Typically, the notes were issued by a Woodbridge affiliate and were described as being ultimately secured by a first - priority lien on valuable real property.

Also, even after the payment gets deposited into the bank by your lawyer, those lawyers must first resolve medical and Medical / Medicare liens, if they exist.

First of all, the attorney's lien dispute could be raised in the probate proceeding (unlike the situation where a separate action is necessary in a civil litigation context) because of the lower court's unique position to approve a settlement entered into by a guardian or a conservator (the situation here).

It found that 1975 family legislative amendments gave husband and wives equal management abilities, such that older cases only recognizing male supremacy were antiquated in nature, establishing the basis for an attorney's lien by first attorney.

Title Insurance We require an acceptable ALTA Loan Policy (or equivalent in Texas, Florida and California) issued by an approved national title insurer, insuring the Loan as a valid first lien on the security (unless another priority is specified in the loan commitment) without exception other than taxes not yet due and payable and such other exceptions as we approve.

Efficiently prepared requirements for transferred clean title and insured first lien position, by verifying title commitments and tax certifications for accuracy, outstanding liens, and exceptions to the title commitments.

She cited two examples in which the contractual rights of first - lien holders have been trampled on in the aftermath of the mortgage meltdown: in the federal government's mortgage modification program, the Home Affordable Refinance Program, which she says modifies troubled mortgages on the backs of the first - lien holders, and in the national mortgage settlement, structured by state attorneys general in the aftermath of widespread foreclosure irregularities by the big banks.

The loan will be used to refinance first and second lien mortgages currently secured by the campus.

Amid this dual - track reality of the current investing environment, first - lien lending backed by transitional properties potentially presents an attractive risk - reward opportunity.

well i dug deeper and found out that a person with the same name (there are four others in the county with same first and last name) as the seller of this lot or god forbid, the seller, has a federal tax lien and abstract for judgement by a telephone company registered with county clerk - sooooo i'm paying $ 9.00 for copy of the judgements.

The Rule applies to any closed - end consumer loan secured by a dwelling that is subject to TILA, regardless of owner occupancy (e.g., first and second homes) or lien position, including closed - end reverse mortgages.

M360 Advisors («M360») is a U.S. - based investment management company that manages diversified portfolios of senior debt investments secured by first - priority liens on income - producing commercial real estate throughout the United States.

Any liens regarding the condominium are discharged from the property itself with the termination; however, these liens attach to proceeds generated by the sale of the property by the Termination Trustee and they are paid first.

In the first quarter of 2012, 79 percent of homeowners who refinanced their first - lien home mortgage either maintained about the same loan amount or lowered their principal balance by paying - in additional money at the closing table.

The other option would be to take over the first position by paying off the first lien.

Second lien mortgage notes are riskier than first liens so they're sold for much less, however, buyers must make sure their investment is covered by the property's equity in case they need to resort to a short sale or foreclosure.

The term «federally related mortgage loan» is broadly defined to encompass virtually any purchase money or refinance loan, with the exception of temporary financing, that is «secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from one to four families...» 12 U.S.C. 2602 (1).