Sentences with phrase «means other mortgage companies»

Not exact matches

The preferential debt status of employees means that in the insolvency, if there is any money at all left over after paying holders of fixed charges (such as mortgage companies or other secure creditors) and their preferential debt, employees are entitled to another slice of what they are owed.

That means someone used a victim's information to generate fraudulent residence history, income documentation, and piles of other paperwork that could be produced to the mortgage company over a period of weeks or months, and then went to closing and signed the victim's name on a deed, a mortgage, and about a hundred other documents.