Daily Archives: October 14, 2021

What Is An Equity Maximizer Agreement

Only after the first mortgage has been fully repaid can the real estate lender repay the outstanding debt from the remaining value of the collateral, which may be insufficient. For this reason, it might be difficult to qualify for a home loan as the coronavirus pandemic continues, and some lenders have completely stopped offering […]

What Is A Collateral Agency Agreement

All products (usually minus the agent`s fee) are transferred to lenders in connection with their loan. In some jurisdictions, privileges may be difficult to enforce and enforcement efforts may result in lengthy litigation. In addition, the agent may not want to exclude certain types of warranties for reputational reasons. Each appointment must be checked […]