While foreclosures were up year-over-year, the number of properties that received an initial default notice fell by 19% from October 2009.
Nationally, the time taken to process a foreclosure from default notice to bank repossession averaged 414 days in the fourth quarter.
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If McCourt were not to meet his player payroll for May, then MLB would have 48 hours to make the payment before the players union filed a default notice which would make all the unpaid players free agents in 10 days.
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In it, Kapnick said Greenwich failed to comply with the terms of its agreement, which only allowed a suit after it served the trustee, Countrywide, with written notice of default, obtained written notice from holders of 25% of the remaining voting units, and agreed to indemnify the trustee.
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The real estate forecasting firm says 2.87 million homes got a notice of default, auction or repossession last year, up only 2% from 2009.
The newspaper reported that ReconTrust, a division of Countrywide Financial, filed a notice of default related to a loan for McMahon's house in Los Angeles County Recorder's Court on Feb. 28.
The CARD Act changed the notification requirements for interest rate hikes, requiring that cardholders now receive 45 days notice on any increase, including default.
An administrator inserted a footer on all document templates so that they included, by default, the appropriate information classification and confidentiality notice for the project files.
On April 15, 2009, over six months after Chase Bank was served with notice of the lawsuit, Webeland filed a motion for a preliminary default, which was entered the following day.
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But notice that some who pursue a childhood or family "interest" do so only as a convenient default choice.
In October 2010 she shocked Wall Street by sending BNY Mellon and Bank of America a notice of nonperformance, the first step in a process that could have allowed Patrick to declare a default on those bonds and sue BofA directly on behalf of the trusts.
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