Sentences with phrase «lenders claim their records»

Credit bureaus won't remove debt if the lenders claim their records are accurate and can support those claims.

Not exact matches

Swamped with a record $ 70 billion of claims from lenders on loans originated from 2007 - 2009, the Federal Housing Administration Friday said it had no choice but to hike monthly mortgage insurance.

This lender claims to offer the best online loans of $ 1,000 or more in record time.

If 202,000 loans were delinquent with a private lender we would shudder, but the FHA has a particularly good record of getting loans back on track — and thus avoiding insurance claims.

Lenders love to pull out the tax value (public record) and claim: «Based on the County Assessor; (Whom they take to be a professional in the field) your property value is worth ($ X) and your loan ($ X) so your LTV is ($ X) This approach is a generally accepted practice in the field and the lender will win that legal battle in court every time.

If a typical small firm does conveyancing, pays a premium of, say, # 25,000, has one claim per year, and the average lender claim costs, say, # 50,000, it is not hard to see why an insurer might not find the proposition attractive, even though the firm is well run, and its claims record is better than average.

I'm guessing here but I think it what triggers this with a servier is a grant deed recorded by title just like when you buy a property and when you transfer into your own LLC you usually use a quit claim deed which I don't think triggers the lender to act on the due on sale.