Sentences with phrase «lending party in the case»

The lending party in the case of a private mortgage is privately owned, unlike conventional loans which are issued by government - regulated financial institutions.

Not exact matches

But neither Harary nor Malpass would endorse all 10 points of Cuomo's Women's Equality Agenda, the ostensible reason for the party's existence — an agenda that would codify the right to obtain an abortion, a host of anti-housing discrimination statutes and the right of attorneys to recover fees in employment, credit and lending cases.
On the facts of these appeals, it seems reasonable to infer that recognizing interest as an expense would lead to a transfer of resources between classes of parties in which unsuccessful defendants are exposed to the risks of paying high interest rates designed to pay for the cost of lending money, not just to the successful party in the case but other plaintiffs who receive financing but may not recover moneys to pay for their loans...
Even in cases where the parties in litigation reach a settlement prior to trial, the contentious nature of the adversarial process does not lend itself even to considering creative options tailored to the clients» unique situation, such as those described above and ultimately chosen by the clients in this case.
In a case involving mortgage lending but which has direct application to real estate brokerage, the Supreme Court of the United States has determined that a violation of § 2607 (b) of the Real Estate Settlement Procedures Act («RESPA») only occurs when a split of a settlement - service fee paid by a consumer to a real estate settlement - service provider is split with a third party.
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