The munificent donor to many good causes was ready to foreclose on a loan to his son.
This way, the insurer is not forced to foreclose, unless it is to its advantage.
The detailed planning and ponderous logistics associated with such a transfer increasingly foreclose options to change course.
On Sunday Morgenson was back at the robo signing issue with Lender Processing Services, which tried to foreclose on a home whose owners were up to date on their payments.
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When he died in 1951, his will reconfirmed the terms of the indenture, including the stipulation that nothing could ever be moved or changed, to protect his legacy, but also to foreclose any attempt by the Philadelphia art establishment to take over the collection, no longer underappreciated and now enormously valuable.
The decision makes its clear that, at least in the state of Massachusetts, a bank or lender that wants to foreclose on a home must own the mortgage in order to do so.
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It's like there's no hope you're ever going to pay back the mortgage, but they don't want to foreclose on you because otherwise the house sits there and falls to pieces.
The only fair thing to do is to foreclose upon all of the homes that qualify for foreclosure due to failure to pay upon the mortgage, bring all the resulting inventory to the market and let the housing market find a secure and stable bottom.
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Yet, President Obama wants to foreclose even the replacement of your obsolescing weapons with one that promises to provide a safe and reliable deterrent in the absence of nuclear testing.
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Despite an overhaul of the bankruptcy laws in 1998, it is still awesomely difficult to foreclose on debts: the definition of bankruptcy turns on net worth, as opposed to cash flow, and the process is slowed down by a two-track system that separates forced restructurings from forced liquidations.
The Indian outsourcers say they won't be giving final approval for banks to foreclose on loans.
Critics have said this last provision would make it less costly for lenders to foreclose.
Housing mortgages barely exist, in part because judges are reluctant to allow banks to foreclose.
Three years after that, the money ran out again and Fust filed to foreclose.
During that time, the average length of time it takes to foreclose on a home has skyrocketed.
Some of that is the function of how long it actually takes for a bank to foreclose.
Afraid that the bank is going to foreclose any day, Amato has been moving her belongings into storage.
"One of the outcomes of the 'robo-signing' scandal is that it is more difficult to foreclose, " said Mr. Baker.
Any decision to foreclose, however, requires a majority vote among all the creditors.
The only point my trip is meant to make is that no-one else has the right to foreclose that decision.
The one distinguishing feature of a debtholder in the old days was his right to foreclose if the debt went unpaid.
The pledge comes just three days after a 53-year-old woman committed suicide as authorities were preparing to foreclose on her home.
He helped protect a woman from losing her electricity and from a mortgage company that was threatening to foreclose on her home.
This means that the bank has initiated proceedings to foreclose upon the property, but the home is not listed for sale yet.
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Lawyers around the country are ginning up suits based on the second theory against banks that are trying to foreclose on defaulted borrowers.
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They contain, among other things, controversial proposals to speed up bankruptcy proceedings and make it easier for creditors to foreclose on bad debtors' assets.
Up to half of those struggling to pay ignore calls and letters, assuming that the reason for contact is to foreclose rather than negotiate.
The firm plans to foreclose on some of the homes backing the loans and do workouts on others, possibly selling the loans for a profit.
Lenders of all stripes clearly prefer to foreclose on delinquent borrowers.
The banks, he says, hesitate to foreclose on loans and mortgages because most of the farmers he knows are just as badly in the red.
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