The current loan servicer is responsible for directing the foreclosure action. |
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Those the contracts that govern what a servicer can do working for the investors to service these loans. |
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In place of the bank lender, the master servicer now holds the power to rework the loans. |
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An authorized servicer is backed by the watch company, knows factory specified procedures for facilitating the repair, and will have the parts. |
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This concept paves the way for numerous emerging capabilities, such as an onboard servicer or an onboard protector. |
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A lot of lenders who originate mortgages actually sell them off to a servicer or to some other agency to service it later on. |
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He was previously president of Lombard, a wholly-owned Morgan Stanley non-performing loan servicer in Japan. |
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Others who have worked with him say he is unusual in being a brilliant organiser and client servicer. |
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The only service industries to remain onshore will be those where the servicer has to be physically close to the consumer. |
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And we've had over a million letters mailed out to borrowers at risk who have not been in contact with our servicer. |
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The published methodological changes centred mainly on cross-correlation rates, applied statistical laws, and servicer evaluations. |
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Just how much benefit a borrower gets from the extra payment depends on how the servicer applies the money. |
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Individually, however, each mortgage servicer might prefer foreclosing now, rather than waiting and possibly seeing the value of his asset fall. |
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Thus, the structure of the loan encourages the servicer to ignore the borrower's pleas for help — until he stops paying. |
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We have retained Citi as the transitional servicer until we transfer these accounts onto our platforms. |
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Our continuing involvement includes servicing the underlying mortgages we have securitized ourselves or through an independent servicer. |
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If any other part needs replacing, contact your dealer or a qualified servicer. |
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Furthermore, any such third party may, under such circumstances appoint a servicer to collect and remit payments and to provide other services. |
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The servicer contains spare ammonia that can be used in the Space Station's cooling systems if needed. |
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But having those documents ready when you call the servicer will help. |
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The servicer is the company where you, the borrower, make your payment. |
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While we have assumed Citi's servicing responsibilities to Broadway Trust, we have retained Citi as the transitional servicer until such time that we can transfer these accounts onto our platforms. |
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The bank, America's largest mortgage servicer, is being pushed towards a costly settlement with state attorneys-general, who have been investigating banks' foreclosure practices. |
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The servicer is responsible for the collection of interest and principal, which is passed along to the trustee. |
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As of December 31, 2008, JER was a named CMBS special servicer on 21 transactions. |
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When HUD wanted to reconvey the property, the servicer claimed it was being maintained. |
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Hutchens said that more often than not, TILA rescissions are sought as legal leverage over the servicer or lender. |
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Master servicer advances of delinquent mortgagor payments provide liquidity. |
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Early amortisation of asset-backed securities can be triggered by events including but not limited to insufficient payments by underlying borrowers and bankruptcy on the part of the sponsor or servicer. |
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They may also occur when the servicer must state a reduced principal loan balance for impaired loans in order to be in compliance with the investor agreements. |
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Participation by servicer banks is not assured. |
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Some product damage is serious enough that the product should not be used again until it has been inspected and, if necessary, repaired by an authorized servicer. |
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Because the loans have been split into countless pieces and made into bonds, the investors who own them have no way to speak collectively to tell the servicer to modify them. |
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Additionally, investors are protected from a deterioration in asset quality, seller insolvency or servicer default by early amortization triggers. |
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The government claim of adequate funding was contradicted by requests from NHS England and Health Servicer leaders. |
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