Sentences with phrase «mortgage payment scheme»

Our Personal Home Purchase facility offers you an attractive monthly mortgage payment scheme, blending convenience and Shariah compliance to meet all your financial and religious needs.

Not exact matches

The defense team repeatedly attacked Howe's credibility during cross-examination, showcasing how the lobbyist embezzled money, lost a near million dollar home for failure to make mortgage payments and has led schemes to defraud friends, co-workers, employees and family members over the past two decades.
A mortgage lender always sends the information about the payments schemes required for the mortgage loans at the beginning of each year.
Under the Federal Government's HARP scheme, borrowers can access a lower interest rate and reduce their monthly mortgage payments.
«Distributions» are payments you receive from the mortgage scheme during the year.
We have successfully defended cases regarding alleged fraudulent («flip») mortgage schemes, insufficient title searches, improper payments and failure to comply with HUD - 1 settlement statements.
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Options for banks / financial institutions to purchase immediate annuities in respect of annuity payments for their commitments to the homeowners under the reverse mortgage schemes.
The court based this finding on the following: (1) McCarrick enlisted Karatnjchy to obtain a mortgage after Pepe could not obtain a commitment; (2) McCarrick was informed by letter that a 1 % fee was expected for «services in obtaining the loan»; (3) there was no evidence of a scheme by Polonia and Karatnjchy which involved the payment of a commission for referral of business; (4) there was no evidence that Karatnjchy was in any way associated with Polonia; and (5) Karatnjchy performed valuable services for McCarrick by obtaining a mortgage and title insurance.
Several cases from last quarter considered a scheme involving payments to reinsurance entities created by lenders for private mortgage insurance.
79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained
The Chicago Tribune referred to it as the «handoff rip - off» scheme, in which scammers send letters to borrowers informing them that a new company has assumed the management of their loans and to start making mortgage payments to the new company.
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