The recent crisis in housing with its attendant foreclosure issues has underscored how different the laws relating to consumer protection, foreclosures, professional licensing and other issues ...
Under New York law, lenders can accelerate the debt, foreclose on the property, appoint a receiver to manage it, and seek a ...
The new Updated Uniform Mortgage—the most widely used form of mortgage in New Jersey today—is a gamechanger. Except for violation of the due-on-transfer clause, Section 20 gives a borrower an ...
Guaranteed obligations are borrowers' affirmative and negative covenants, which, if breached, trigger liability Guaranties can be limited in time and amount and can secure loan payment, performance, ...
Getting a mortgage for a rental property involves assessing the financial situation, researching loan options, preparing necessary documents, and understanding the underwriting process. If you're ...