Sentences with phrase «lead to foreclosure of»

The effect of these terms may lead to foreclosure of other suppliers or buyers, facilitate collusion at the supplier or buyer level, or directly lead to a reduction of intra-brand price competition through retail price maintenance.
The results have been dangerously low downpayments and exorbitant monthly mortgages — both of which could lead to foreclosures of epidemic proportions in troubled times.
Is there a way to insure that the original owner will not pocket the monthly payment I make leading to foreclosure of the property?

Not exact matches

That helped tip the economy into recession after the housing bubble burst in 2007, leading to a tsunami of foreclosures and delinquencies.
He likened the financial sector to a house burning down — fair enough, as it is destroying property values, leading to foreclosures, abandonments, stripping (for copper wire and anything else recoverable) and certainly a devastation of value.
The bursting of the housing bubble — which entailed a collapse in home values and a flood of foreclosures — and spiking unemployment led millions of Americans to realize that their «middle - class» lives were just a paycheck or two from evaporating.
Using it in the wrong manner can lead to all sorts of financial problems, including foreclosure.
The reckless junk mortgage lending and outright fraud led to a collapse of new lending after September 2008, leaving a residue of defaults, negative equity, bankruptcy, foreclosures and abandonments in its wake.
This leads to fewer foreclosures in the building and more residents paying HOA dues which enables ongoing maintenance of the condo building.
Records show that Terry has been the defendant in at least five lawsuits in Nassau County Supreme Court, one of which led to a judgment for a home foreclosure and sale in 2000.
Mortgage fraud leads to waves of foreclosures that devastate neighborhoods.
There's good evidence that utility costs are the second - leading cause of foreclosure, but if you want to reduce those bills, you won't often find easy explanations telling you how.
In addition, as of the 12 - months leading up to June 30, 2007, subprime loans only accounted for 64 % of all foreclosures.
The bank paid out nearly $ 28 billion in total settlements as a result of reckless lending practices that led to mass foreclosures among its borrowers.
This is backward, and it's the kind of mistake that can lead to a foreclosure scenario.
Millions of homeowners faced foreclosure as a result of declining economy, leading to loss of income and inability to meet financial obligations.
Even the most financially responsible people can go through tough times, leading them to bankruptcy, a foreclosure or having to go through a short sale of...»
It will negatively affect your credit, prevent or delay foreclosure on a home and lead to repossession of a car.
Despite earning $ 40 million between June of 2008 and 2009, Cage's spending led to $ 14 million in tax debt and foreclosures on four of his homes.
Mortgage loan servicing companies have further contributed to FHA financial woes by signing multitudes of foreclosure documents without properly reviewing the documents and circumstances leading to foreclosures.
Using it in the wrong manner can lead to all sorts of financial problems, including foreclosure.
However the recent sub-prime crisis and the flurry of foreclosures led to most of the lenders tightening the mortgage requirements.
Mortgage modification can help thousands of homeowners, although many homeowners may assume that they do not qualify and never seek out the modification of their mortgage loans, which can lead to foreclosure.
The terms of your reverse mortgage require keeping taxes and insurance payments current; violating your mortgage terms can lead to foreclosure.
[6][7][8] Falling housing prices have led to borrowers possessing reduced equity, which is perceived as an increased risk of foreclosure in the eyes of lenders.
As many short sale agents from across the country can attest, the banks have initiated many new procedures to streamline the short sale process and this in turn has lead to more efficiency (and hence, less chance of foreclosure for distressed home owners).
As many short sale agents from across the country can attest, the banks have initiated many new procedures to streamline the short sale process and this in turn has lead to more efficiency (and hence, less chance of foreclosure -LSB-...]
The loans we offer in Ajax have less common uses like stopping foreclosures or power of sale activation, which could lead to loss of property.
Our home equity loans in Barrie play an important part in helping people contribute to charity work, stop foreclosure and any legal issue that could lead to loss of property.
Create a means of resolving home foreclosure issues in a manner similar to Chapter 11, which would lead to more compromises.
Failure to pay the home equity line of credit as agreed can lead to foreclosure and loss of your personal residence.
(Experts estimate that a foreclosure will lead to a dip in your credit score of about 200 or 300 points).
A drastic decline in prices could lead to a whole new wave of foreclosures.
A mortgage default will lead to foreclosure, and an unpaid car loan can result in repossession of the car.
Without altering the underlying behavior which led to excessive debt or financial difficulties to begin with, a home equity line of credit will only exacerbate the situation leading default and subsequent foreclosure.
The letter must support the claims of extenuating circumstances; confirm the nature of the event that led to the bankruptcy or «foreclosure - related action» (also known as a short sale in Fannie Mae terminology), and illustrate the borrower had no reasonable options other than to default on his or her financial obligations.
Some people choose the loan to go on holiday while some rely on it to stop a foreclosure or a power of sale, both of which could lead to loss of the property.
Even if the foreclosure leads to a loss and the mortgage lender is not able to recoup the full balance of the mortgage loan, it's historically been easier for the lender to explain these losses to federal or state banking regulators if there has been a foreclosure sale.
But these same innovations contributed to unsustainable mortgage situations that inevitably lead to foreclosure — for millions of Americans.
11) Falling home prices will lead to many more foreclosures in prime loans, and of course Alt - A and subprime.
Choosing the wrong type of loan could cost you a lot of money, or even lead to a foreclosure scenario.
A: If you've gone through bankruptcy, foreclosure or just a period of financial hardship that led to bad credit, you need to rebuild.
I know there are plenty of relators claiming to be specialist in short selling, but this could be a very bad outcome if homework and research is not done leading to foreclosure.
It has led to a large amount of foreclosures, by allowing marginal borrowers to gain financing.
Loan modifications will also be a leading contributor to continuing price declines because 70 % or more of the Mods will either never happen or if they do the borrowers will default due to the fact that not paying your mortgage has become tottaly ethical and endorsed by almost every polition across both party lines.In the last debate between Obama and McCain, Obama suggested that there be no more foreclosures until 09 ′.
How to remove a 100 - word personal statement from your credit report — Even if you felt the need to dispute an unpaid bill or explain what led to a foreclosure in the past, there are a number of reasons why you might have a change of heart... (See Remove)
Family disputes over property owned by a recently deceased parent, a home foreclosure due to unpaid mortgage bills, criminal charges that lead to jail time — these types of difficult scenarios can all be avoided with the help of Kalamazoo attorney Gary Tibble.
HARTFORD, Conn. (AP)-- A flood of poor defendants representing themselves — often ineffectively — in dire cases involving eviction, foreclosure, child custody and involuntary commitment has led to a push in legislatures to expand rights to free lawyers in certain civil proceedings.
It is this disparity, as well as the potential devastating impact on families of losing their home in foreclosure, that led to the selection of this particular topic for which to offer LiveHelp assistance on the CourtHelp website.
Underinsurance leads to all sorts of bad outcomes — bankruptcies, home foreclosures, unsustainable debt — which we'll explore further in this blog.
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