Sentences with phrase «other first lien»

Not exact matches

Our revolving credit facilities provide our lenders with first - priority liens against substantially all of our assets, including our intellectual property, and contain financial covenants and other restrictions on our actions, which could limit our operational flexibility and otherwise adversely affect our financial condition.

Some maritime liens and other claims give the relevant creditor a «secured» claim, one that is paid out first before the ordinary creditors.

This does not remove the Federal tax lien, but it does allow the other creditors to get their money first.

HOPE LIEN: Well surprisingly at my very first pumping session I did get some drops of kind of like sticky milk, I did not produce colostrum when you induce lactation but it was like a thicker kind of milk almost like honey or something like that and I was really surprised by that because I read from some other people it takes some a little bit longer and so I was really impressed that I had any milk...

After all, new liens on the property or other issues may have come into the picture since the first time this search was conducted.

In doing so, the borrower can take cash out of their equity to use for other purposes while preserving their first lien.

We have seen owners use a second mortgage to keep a desirable first lien intact while cashing out equity to use for other purposes, such as college tuition.

In other words, with a Home Equity Loan or HELOC, you will have two mortgages on your property; in all likelihood, it will have a higher interest rate than your first mortgage due to the fact that it will be held in a second lien position against the property.

A refinance transaction in which the new mortgage amount is limited to the sum of the remaining balance of the existing first mortgage, closing costs (including prepaid items), points, the amount required to satisfy any mortgage liens that are more than one year old (if the borrower chooses to satisfy them), and other funds for the borrower's use (as long as the amount does not exceed 1 percent of the principal amount of the new mortgage).

BND requires first lien position on real estate, equipment and other security as may be appropriate.

Radian Group, Inc. is a credit enhancement company with a primary strategic focus on domestic residential mortgage insurance on first - lien mortgage loans and other products and services to the mortgage and real estate industries.

First Mortgage — A mortgage is in the first lien position, which takes priority over all other liens, such as a home equity loan or First Mortgage — A mortgage is in the first lien position, which takes priority over all other liens, such as a home equity loan or first lien position, which takes priority over all other liens, such as a home equity loan or line.

The selection universe for the Index (the «SelectionUniverse») includes U.S. - listed fixed income ETFs advised by SSGA FM or its affiliates that are designed to target exposure to fixed income securities, including U.S. and non-U.S. developed and emerging market bonds, treasury bonds, corporate bonds, high yield bonds, inflation - protected bonds, floating rate notes, first lien senior secured floating rate bank loans, U.S nonconvertible preferred stock and other preferred securities, U.S. municipal bonds and U.S. convertible securities.

Based on a sample of almost 40 million first lien loans serviced by mortgage companies, commercial banks, thrifts, credit unions and others, NDS provides quarterly delinquency and foreclosure statistics at the national, regional and state levels.

Any mortgage or other lien that has a priority lower than that of the first mortgage.

IVE LOOKED EVERY WHERE i live in north america and ive redownloaded the stupid demo 3 times so thanks for lien sony and thanks for giving it to other contries first pricks

A statute that governs the construction industry in Ontario is set for a major overhaul for the first time in nearly 35 years.The proposed changes to the Construction Lien Act, which could become law later this year, are an attempt to modernize the payment and dispute resolution systems in the industry and bring the statutory framework in line with jurisdictions in other countries.

Malcolm has extensive experience representing lenders and borrowers in secured and unsecured debt financings, including syndicated senior bank credit facilities, first and second lien financings, asset - based (ABL) credit facilities, mezzanine and other subordinated debt financings, debtor - in - possession financings, public and Rule 144A debt offerings, and convertible debt transactions.

You may file a judgment lien so that the other driver can not sell property without first satisfying the judgment.

Title Insurance We require an acceptable ALTA Loan Policy (or equivalent in Texas, Florida and California) issued by an approved national title insurer, insuring the Loan as a valid first lien on the security (unless another priority is specified in the loan commitment) without exception other than taxes not yet due and payable and such other exceptions as we approve.

NAR signed on to a joint letter, along with the Mortgage Bankers Association, the Financial Services Roundtable and several other financial services and real estate groups, that raised several concerns about PACE loans, especially the provision that places any PACE loans in a first lien position ahead of the primary mortgage.

The irony is, we've now grown enough in the time since the pendulum has swung the other way: we've bought more first - and second - lien product this year than the past few years combined.

well i dug deeper and found out that a person with the same name (there are four others in the county with same first and last name) as the seller of this lot or god forbid, the seller, has a federal tax lien and abstract for judgement by a telephone company registered with county clerk - sooooo i'm paying $ 9.00 for copy of the judgements.

First Mortgage — A mortgage which is in first lien position, taking priority over al other liens (which are financial encumbranFirst Mortgage — A mortgage which is in first lien position, taking priority over al other liens (which are financial encumbranfirst lien position, taking priority over al other liens (which are financial encumbrances).

First and most importantly, § 5.085 (a) of the Property Code provides that a «potential seller may not execute an executory contract with a potential purchaser if the seller does not own the property in fee simple free from any liens or other encumbrances.»

You see, since the financing for the HERO program is a tax lien and it is paid with your property taxes, it takes first position over other liens against the property (i.e. mortgage lenders).

The First mortgage usually has priority over other mortgagees so once sold at public auction, all other liens are wiped out.

and generally speaking if you have looked at chain of title and you KNOW that your bidding on a first position lien then yes all the other liens are removed from the property as it relates to your purchase.

The other option would be to take over the first position by paying off the first lien.