Sentences with phrase «by second liens»

PCCP also makes stand - alone mezzanine loans, secured by second liens on real estate and by partnership and limited liability company interests.
Regardless of the name, the loan is characterized by a second lien on your home.
(v) The amount of any loan secured by a second lien on the property that will be paid off as part of the real estate closing, labeled «Payoff of First 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 agreement).
With this plan, we aim to help homeowners avoid foreclosure by reducing or eliminating the principal balance of those in need of relief from a second mortgage lien they can no longer afford.
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.
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.
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.
According to Nationwide originators, bad credit second mortgage and refinance loans are in demand more than ever for borrowers with credit problems who seek money with a lower interest rate that is available by redoing your existing lien.
HELOCs and HELOANs are also called «second mortgages» because their liens are «junior» to the lien held by the lender with the first mortgage.
McNeal, after filing for bankruptcy under a Chapter 7, reported that her mortgage was subject to two mortgage liens, $ 176,413 held by the primary lender and a second priority loan in the amount of $ 44,444.
Nationwide Mortgage Loans offers second mortgage loans that are secured by a lien on your home.
While housing prices kept rising, aided by increasing buying power facilitated by poorly underwritten loans, the mortgage insurers happily clipped profits; their greatest worry was the banks eating their business through second lien loans.
Standard and Poor's and Moody's Investor Services downgrade over 100 bonds backed by second - lien subprime mortgages.
(Community seconds are 2nd lien mortgages that may be funded by a municipality, state, county, state or local housing finance agency, nonprofit organization, or an employer.
I figured I should wait until I'm told that the 2nd lien is cleared by the second lender.
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.
Iglesias, F.Meisenberg, B.Ruais, K.Thorne, J.VanDyke / Abrons / 466 Grand / thru 12/20 Kaari Upson / Ramiken Crucible / 389 Grand / thru 12/14 Matt Connolly / Essex Flowers / 365 Grand / thru 1/4 Opening 11/21 Keumnin Lee / Shin / 322 Grand / thru 11/30 Ulf Puder; Bettina Blohm / Straus / 299 Grand / thru 12/12 Amy Lien & Enzo Camacho / 47 Canal / 291 Grand — floor 2 (new location) / thru 12/21 Bright Matter: LAb [au]; Numen / For Use; Joanie Lemercier; Nonotak; François Wunschel / Guepin / 83 Orchard / thru 1/11 Opening 11/21 Kiki Kogelnik / Subal / 131 Bowery / thru 12/19 Brad Troemel / Tomorrow / 106 Eldridge / thru 11/30 (extended) The Contract / Essex Street / 114 Eldridge / thru 1/11 Opening 11/21 Reception 11/22 Foster Mickley / Munch / 245 Broome / thru 12/21 Opening 11/21 Robin Kang; Duhirwe Rushemeza / Tabacaru / 250 Broome / thru 12/9 Michelle Lopez / Preston / 301 Broome / thru 12/21 Alexander Tovborg / Beauchene / 327 Broome / thru 12/21 Mary Ann Aitken; John Maggie; Jonathan Rajewski / Hanley / 327 Broome / thru 12/21 Guglielmo Achille Cavellini / Whitebox / 329 Broome / 11/1 thru 11/30 Yui Kugimiya / Marlborough / 331 Broome (third NYC location) / thru 12/21 Opening 11/20 Lily Ludlow / Canada / 333 Broome / thru 12/14 Ulrike Theusner; Paul Brainard / Lodge / 131 Chrystie / thru 12/14 Cristina Vergano / Woodward / 133 Eldridge / thru 12/21 Nayda Collazo - Llorens / LMAK / 139 Eldridge / thru 11/30 James Hoff / Callicoon / 49 Delancey / thru 12/21 Noam Rappaport / Fuentes / 55 Delancey / thru 12/21 XYZ collective / Brennan & Griffin / 55 Delancey / thru 12/21 Jana Winderen & Marc Fornes / Storefront for Art & Architecture / 97 Kenmare @ Centre / thru 11/21 Maya Bloch / Thierry Goldberg / 103 Norfolk / thru 12/21 Josh Faught / Cooley / 107 Norfolk / thru 12/21 Joseph Montgomery / Gitlen / 122 Norfolk / thru 12/21 My Big Fat Painting curated by Rick Briggs; Fred Gutzeit / Morris / 163 Chrystie / thru 11/23 (extended) Closing Reception 11/20 (7 - 9 PM) Mark Joshua Epstein / Morris project space / 163 Chrystie / thru 12/20 Opening 11/20 (7 - 9 PM) Addie Wagenknecht / Bitforms / 131 Allen (new location) / thru 12/7 David Mramor / James / 143b Orchard / thru 12/7 Angelo Volpe / Krause / 149 Orchard / thru 12/8 Beatrice Scaccia / Cuchifritos / 120 Essex (SE corner of market) / thru 11/30 Tommy Hartung / On Stellar Rays / 1 Rivington / thru 11/30 Valeska Soares / Eleven Rivington / 11 Rivington / thru 11/23 Bill Traylor / Cuningham / 15 Rivington (new location) / thru 12/6 Micki Pellerano / Envoy / 87 Rivington / thru 11/23 Do the Write Thing: Read Between the Lines / Berst / 95 Rivington / thru 12/20 Guglielmo Achille Cavellini / Lynch Tham / 175 Rivington / thru 12/21 Jessica Rankin / Salon 94 / 1 Freeman Alley / thru 12/21 Red, Yellow and Orange: Ford Crull; Debra Drexler; Peggy Cyphers / Van Der Plas / 156 Orchard / / thru 12/31 AS IF: Abigail Donovan; Troy Richards; Robert Straight; Peter Williams / Novella / 164 Orchard / thru 12/6 Raquel Rabinovich / Y / 165 Orchard / thru 12/23 Opening 11/21 Tai Ogawa / Matsumiya / 153 1/2 Stanton / thru 12/31 Magnolia Laurie / Frosch & Portmann / 53 Stanton / thru 11/23 Forces at Play: S.Crider; B.Gardner; M.Keller; J.Mellon; L.Rablin / Molly Krom / 53c Stanton / thru 11/30 Valeska Soares / Eleven Rivington / 195 Chrystie (second location) / thru 11/23 Sara Goldschmied; Eleonora Chiari / Lorello / 195 Chrystie — floor 6 / 11/19 thru 1/25 Reception 12/11 Kader Attia / Lehmann Maupin / 201 Chrystie / thru 12/13 George Horner thru 12/6, Henry Mandell thru 1/10 / Charles / 196 Bowery Lili Reynaud - Dewar thru 1/25; Chris Ofili thru 2/10; etc. / New Museum / 231 - 235 Bowery Takeshi Murata / Salon 94 / 243 Bowery / thru 12/21 Heinz Mack / Sperone Westwater / 257 Bowery / thru 12/13 Notes on Undoing / Garis & Hahn / 263 Bowery / thru 12/20 Opening 11/20 Charles Dunn / Rucker / 141 Attorney / thru 11/26 Serge Alain Nitegeka / Boesky East / 20 Clinton (new, third NYC location) / thru 12/21 Matthew Fischer / Junior Projects / 139 Norfolk / thru 12/21 Pierre St - Jacques / Station Independent / 164 Suffolk / thru 12/14 Aki Sasamoto / JTT / 170a Suffolk / thru 12/14 (Performances 12/12 @ 6 PM) Sara Greenberger Rafferty / Uffner / 170 Suffolk / thru 12/21 Matt Hoyt / Bureau / 178 Norfolk / thru 12/21 Stuart Shils / Harvey / 208 Forsyth / thru 12/21 Opening 11/19 Arianna Carossa / Rooster / 190 Orchard / thru 1/4 Opening 11/25 Greer Lankon / Participant / 253 E Houston / thru 12/21 Henry Flynt / Audio Visual Arts / 34 E 1st / thru 11/23 (extended) Joel Holmberg / American Contemporary / 4 E 2nd / thru 12/19 Early Man / The Hole / 312 Bowery / thru 12/28
3 July 12, 2013)(unpublished) is a case where the lower court granted summary judgment across the board when a discharged personal injury attorney sued successor attorneys to honor an attorneys» lien in a second retainer agreement that attorney claimed was signed by discharging client.
The Chasm Group, LLC and Chasm Institute, LLC (San Bruno, CA) 1997 — 2008 Business Operations Manager • Managed all daily operational tasks for leading multi-million dollar high - tech market strategy consultancy, while providing executive administration to C - level executives and venture capital partners • Developed and managed the firm's annual budget, proposing and implementing expense cuts, producing monthly reports and financial statements, and coordinating with CPA firm for accurate and timely filings • Oversaw all client relationship management efforts while cultivating new business efforts from concept to implementation, providing high - quality service in sales efforts while utilizing new lead tracking system • Negotiated and managed all contracts, stock grants, and financing arrangements, working closely with outside counsel to draft legal documents and resolve LLC - and proprietary - related issues • Led three office space build - outs and two office relocations, managing all aspects of each process under aggressive timeline and budget expectations • Reduced firm telecom expenses by 22 % by streamlining IT objectives, including migration to VOIP phone system, software / hardware purchases, domain renewals, and outsourced technical support • Directed all phases of staff recruitment while creating and implementing all HR policies and programs, including comprehensive employee benefits plans • Supervised multiple administrative staff members, conducted performance appraisals and wage / salary surveys in comparison to incentive program guidelines, and maintained HR files in accordance with legal mandates • Produced all out - going client invoices in an accurate and timely fashion to increase, cash flow and reduce aging receivables, providing consistent attention to overhead costs and vendor arrangements • Administered all company insurance policies, including E&O, general liability, bonds, partner life and disability, conducting annual benefits reviews and employee / company insurance audits • Obtained necessary certificates for consulting contracts while processing federal, state, and local business reporting requirements to maintain licenses and incorporation status • Directed all marketing efforts and oversaw logistical aspects of national educational workshop series, utilizing sponsorship arrangements to offset production costs • Transformed «brochure» website into a dynamic tool to better illustrate company opportunities through relevant case studies, as well as maintaining all other promotional media, including press kits and video Association of California School Administrators (Burlingame, CA) 1993 — 1997 Issues and Planning Committee Coordinator • Executed all phases of event planning and implementation for a membership - driven organization including 23 state committees, 5 task forces, 6 strategic planning conferences, and a conference of 1,500 attendees • Focused on facility evaluations, bid requests, site visits, contract negotiations, and all pre - and post-conference planning processes • Produced statistical and financial reports, including budget projections and cost monitoring for developmental training efforts • Oversaw all participant - level responsibilities, including inquiries, eligibility, registration, correspondence, and billing statements • Managed all legal professional standards calls for Northern California regions, including the processing of attorney authorizations, the preparation of legal assistance letters, and liens on cause of action • Served as second point of contact for computer inquiries and troubleshooting efforts as well as provided back - up executive administrative support for Executive Director, Committee Chairs, and the State Superintendent of Public Instruction • Held responsibility for software installation and hardware configuration while performing weekly AS / 400 backup and report generation
«Previously, second lien holders could slow down the short sale process by negotiating for higher amounts,» according to the FHFA.
The loan will be used to refinance first and second lien mortgages currently secured by the campus.
Guarantee does not apply to events beyond the control of Xceed, including appraised value, borrower / seller / third - party delays, outside second lien holder approval, short sale approval, lender conditions that can not be met by any party, or acts of God, i.e. inclement weather.
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.
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.
(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»;
► Fannie Mae and Freddie Mac will offer up to $ 6,000 to second lien holders to expedite a short sale: Previously, second lien holders could slow down the short sale process by negotiating for higher amounts.
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