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.