Sentences with phrase «counseled by an independent third party»

Perhaps the most important of these is the requirement that, prior to any contractual agreement, all borrowers must be counseled by an independent third party not connected to the lender.

Not exact matches

Under federal rules, to obtain an HECM loan, consumers must first undergo financial counseling with an independent third party approved by HUD.

In preparation for the meeting, the Board requests and reviews a wide variety of materials provided by the funds» investment adviser, as well as extensive data provided by third parties, and the Independent Trustees receive advice from counsel to the Independent Trustees.

The Mediation Program provides respondents represented by counsel, as well as enforcement staff, with the option to seek resolution through an independent third party mediator.

After a firm applies, it is vetted by a panel consisting of Dentons partners, partners of other member firms, and general counsel, who evaluate each applicant based on a number of criteria, including client feedback, independent third - party quality rankings, awards and accolades, and unique practice and / or sector expertise.

Marriage counseling is often viewed negatively by some partners, but external help from an independent and unbiased third party can significantly help couples through their marital problems.

Under federal rules, to obtain an HECM loan, consumers must first undergo financial counseling with an independent third party approved by HUD.