Sentences with phrase «claim against the lender»

You have five years from the date of sale to make a claim against the lender.

You have six years from the date of sale to make a claim against the lender.

If the lender's lawyer is not aware of or does not alert a lender client to the existence of this exception, and highlight the potential for a denial of coverage if the mortgage proceeds are paid to parties other than those permitted in the exception, the lender's only likely recourse will be a negligence claim against the lender's lawyer in the event the lender's title insurance claim is denied.

Obtained reversal of a trial court's refusal to enforce terms of several promissory notes and award of damages to defaulting defendant and succeeded on issue of first impression regarding who has standing to raise an Unfair Trade Practices Act claim against a lender.

Sometimes, depending upon the particular circumstances of a case, there is the opportunity for a home owner to file claims against their lender.

Not exact matches

Ensures that the title to your home is legitimate (validating that you are in fact purchasing the property from someone who has the legal right to sell the property) and then issues title insurance for the property to protect you and the lender against legal claims or disputes over the title.

So lenders file a statement of claim against a delinquent borrower, obtain a judgment, and then get an execution order to enforce the judgement to recover their losses.

However, if FHA lenders have too many claims against FHA insurance, they can lose their FHA approval.

In theory, a default on a payday loan could prompt a lender to file a civil claim against the borrower.

Bear in mind that more than one missed payment can allow the lender to claim the whole debt and take legal action against you.

The Mortgage or Deed of Trust: This is the «security instrument» which gives the lender a claim against your house if you fail to live up to the terms of the mortgage note.

Liens are a lender's claims against the value of property used as collateral for a loan.

Title insurance protects the lender from claims against the house and protects the buyer from past contractors making claims against the property.

At the maturity of a reverse mortgage loan, the lender will have a claim against your property and you or your heir (s) may need to sell the property to repay the loan, or repay the loan from other assets in order to retain the property.

Ensures that the title to your home is legitimate (validating that you are in fact purchasing the property from someone who has the legal right to sell the property) and then issues title insurance for the property to protect you and the lender against legal claims or disputes over the title.

However, the FHA loan program and its related benefits are under threat as the Department of Justice continues to bring investigations and actions against lenders under the False Claims Act.

«By providing a systematic approach to addressing these mortgages, lenders actually protect themselves against claims by investors or others who feel that they are arbitrarily changing or modifying the loans,» Bernanke said.

Also, you might want to do a title search to make sure that there are no claims against the property your brother is trading you, such as by a lender who might have loaned money to him with the property as collateral.

Recently, the National Community Reinvestment Coalition asked HUD to investigate 22 lenders that impose stricter underwriting criteria than required by FHA to insure mortgages, claiming that requiring higher credit scores discriminates against minority mortgage applicants.

Class - action suits have been filed against mortgage lenders in Kentucky and California who foreclosed upon homeowners who claim they made mortgage payments after having home loans modified.

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A lien is a lender's claim against a collateral asset that may be legally sold should the borrower fail to repay a loan.

Yet a spokeswoman for the DOJ indicated that the department still has every intention of pursuing False Claims Act cases against lenders that are defrauding the government.

the Deed of Trust (which secures the note and gives the lender a claim against the home if you fail to live up to make your payments)

The FHA began developing a loan defect taxonomy several years ago in response to the False Claims Act litigation the Justice Department filed against FHA lenders, which resulted in large fines and prompted many banks to exit the FHA single - family mortgage program.

But with such a large sum of money owed to American citizens, Cuban lenders insisting on immunity and American museums not wanting to make light of outstanding claims against the Cuban government, a timely exhibition of works from Cuba may be a pipe dream.

Representing Russian Bank, OJSC URALSIB BANK, in High Court proceedings in a claim brought by the bank against other lenders in a syndicated loan arrangement concerning alleged events of default arising out of a USD100 million loan participation note.

If our clients need more economic help still, we can refer them to a commercial claim lender who will provide cash in exchange for a «lien» against the personal injury case.

Chapter 11 litigation, including defending against lender liability actions, fraudulent conveyance claims and challenges to acquisitions

The statute of limitations barred federal RICO and Massachusetts Consumer Protection Act (CPA) claims that two mortgage borrowers had brought against their lender and other companies that were associated with their mortgage loan, the federal district court in Boston has ruled.

Successfully represented an online lender exchange against antitrust counterclaims arising from assertion of patent infringement claims.

However, a review of lender claims against lawyers for negligence suggests a misconception by some lawyers who believe that their only obligation to the lender client is to register the mortgage.

LAWPRO has only very recently become aware of this exception, but already we have seen it in E&O claims against lawyers involving residential lender policies from three different title insurers active in Ontario.

Obtaining summary judgment and dismissal of wrongful foreclosure and consumer protection act claims against a residential mortgage lender and argument before the Court of Appeals.

«If these directions are not followed at an early stage of knowledge then it may very well be that any claim a Lender has for Damages against professionals on old loans will be lost as a result of being time barred.»

Defend a variety of cases for HVAC designers, manufacturers, and lenders against allegations of harm due to exposure to mold or claims of sick building syndrome.

Housing Law Unlawful Detainer Defense Tenant Rights Security Deposit Habitability Claims Reasonable Accommodations Mortgage / Foreclosure Counseling Consumer Finance & Mortgage Fraud Financial Literacy Training Loan Modification / Loss Mitigation Assistance Preliminary Injunctions to Prevent Foreclosure Sales Civil Litigation Against Lenders for Homeowners Bill of Rights Violations / Civil Litigation for Misrepresentation or Fraud in Homeowner Mortgages

Strangely, despite the «easy to see» claims against JP Morgan and counsel (7th Circuit's words, not mine), the lenders sued Mayer Brown.

Defended owners, lenders, and title insurers against claims of forged deeds, mortgages, missing interests, and discharges of liens.

Successfully defended a trial court's foreclosure judgment in favor of a lender against the claims of a church.

Defended owners, lenders, and title insurers against claims of forged deeds, mortgages, and discharges of liens.

Eversheds Sutherland (International) LLP's Cardiff office has a particular strength acting for lenders — including Santander, Deutsche Bank and GE Money — in claims brought against solicitors and valuers, often arising from secured commercial and residential lending.

Counsel to a syndicate of European lenders in connection with a $ 75M breach of contract claim against a major North American air carrier

Mar. 13, 2018)(published), a trial judge sanctioned plaintiffs who brought lender liability claims in a residential property dispute with terminating sanctions and also imposed over $ 25,000 in monetary sanctions (as against plaintiffs and their attorneys) under Code of Civil Procedure section 128.7.

He has defended professionals against claims brought by a variety of different claimants including lenders, liquidators and litigants in person.

assessing and advising a lender in relation to rafting up and advancing claims against the insurers of a wound - up firm of surveyors across a portfolio of over 2,000 separate valuations

urgently advising two lenders on possible claims against valuers based on repeated overvaluations of properties in borrowers» buy - to - let portfolios, where claims risked becoming time - barred

Recent instructions include: • Acting as Junior Counsel to Roddy Dunlop QC in a seven figure claim relating to failure by solicitors to obtain a standard security in relation to loan funds advanced by a commercial lender • Acting as Junior Counsel to Alistair Clark QC (as he then was) on behalf of the pursuers, a major commercial lender, in pursuing seven figure negligence claims against solicitors and surveyors relating to their advance of loan funds for the purchase of commercial property • Acting as Junior Counsel to Heriot Currie QC for one of the defenders (a firm of architects) in a seven figure multi-party claim relating to construction and design defects at a major shopping centre • Acting as Junior Counsel to Alastair Duncan QC for one of the defenders in a claim against both solicitors and counsel relating to alleged negligence by family lawyers relating to the preparation of a settlement agreement • Acting as sole counsel for the pursuer in a claim against solicitors for allowing the time bar of her clinical negligence action against a health board

Insolvency specialists and banking lawyers will be reassured that DIP lenders can protect the value of their security interest against pension claims.

Successfully defending an institutional lender against a # 30 million + mis - selling claim brought in connection with the hedging of a major property finance project.