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Taking a longer view, in 1985 295,000 mortgagors, 4.6 per cent of the total, were two months or more behind in their payments.
He reduced the protections for mortgagors and tenants that had been introduced by Lang.
According to the attorney general of Arizona, the bank "repeatedly has deceived" such mortgagors.
"I don't know a lot of mortgagors who want to manage and operate real estate, especially in this market," he said.
In the new bridge-loan environment, banks no longer urge mortgagors to pay off their debts.
Banks and other mortgagors virtually always require policies.
It also brings advantages to mortgagors, who would be able to change their credit institutions more efficiently, fast and cheaply.
By the end of 1989 the proportion had risen to an estimated 6 or 7 per cent, representing 450,000 to 600,000 mortgagors.
Furthermore, local authorities were obliged to offer mortgages to prospective purchasers who could include up to another four members of their households as joint mortgagors.
However, many of these provisions were limited in scope, and ultimately required the voluntary cooperation of mortgagors and creditors.
This also applies to owners taking over responsibility from defaulting tenants, and finance houses taking back property from mortgagors.
Where an interest only mortgage has a fixed term, an interest only lifetime mortgage will continue for the rest of the mortgagors life.
He was the leading figure in a group of Dodge County farm mortgagors who petitioned the Legislature for debt relief in 1859.
A DIL of foreclosure may not be accepted from mortgagors who can financially make their mortgage payments.
The Mortgagors and Lessees Rehabilitation Act (1936) provided relief to farmers mired in mortgage debt.
Mortgagors: Individuals representing the legal fiction "person" which holds the mortgage who have overextended themselves and face foreclosure often try to create an allodial title.
The transfer to its mortgagors, the Hammonds, and its own legal charge had been registered at H.M.
In 1933, in response to a large number of home foreclosures, Minnesota, like many other states at the time, extended the time available for mortgagors to redeem their mortgages from foreclosure.
The interim rule eliminates the Mortgage Assignment Program and provides alternative procedures to foreclosure for mortgagors in default such as special forbearance, loan modifications, and deeds in lieu of foreclosure.
The Crown Lessees (Protection of Sub-Tenants) Act 1952 brought within the Rent Acts tenants, lessees and mortgagors of Crown property, except where the Crown was the immediate landlord, lessor or mortgagee.
Bank, a purported class action concerning mortgagors' asserted rights to savings banks' earnings on real estate tax payments; and Secretary of the Commonwealth v. City Clerk of Lowell, holding that, absent fraud, people may select and change their names freely.
Executive Order No. 12606 HUD reports that the interim rule will have only an indirect impact on family formation, maintenance, and general well-being and that such impact will be beneficial because it will assist mortgagors in maintaining ownership of their properties.
Here, there was one single plaintiff but many defendants (the putative owners of different sections of the four-square-mile parcel, along with others who had a putative interest to land in the parcel such as mortgagors or others registered pursuant to Ontario's land title system).
To the Editor: The May 30 eviction and arrest of squatters on East 13th Street (front page, May 31) illustrate the inability of government and landlords to deal constructively with the increasingly urgent United States housing crisis faced by the homeless, tenants and mortgagors.
The Housing and Economic Recovery Act of 2008 provided HECM mortgagors with the opportunity to purchase a new principal residence with HECM loan proceeds - the so-called HECM for Purchase program, effective January 2009.
I want to Thank You and Mrs. Shirley Spencer for representing me and making yourself available for my dealings with my mortgager, MetLife Home Loans.