A successor in interest is simply a party that is not the original borrower that took out the loan, but a similar entity that has taken on all the related obligations. The successor in interest has taken the place of the original borrower, and now the language of the deed applies to the...
(2) The procedures set forth in §§ 1024.39 through 1024.41 of this subpart only apply to a mortgage loan that is secured by a property that is a borrower's principal residence. (d)Successors in interest.A confirmed successor in interest shall be considered a borrower for purposes of § ...
Borrowers who defaulted already punched us in the gut by causing mortgage departments to lose money. Loan officers were laid off in droves as a result. We have families to feed and bills to pay too. One loan officer said, “My income got cut in half, and I was let go in 2010 du...
d. These Terms and Conditions shall operate for the benefit of the Bank and its successors and assignees, notwithstanding any change by way of amalgamation, consolidation or otherwise in the constitution of the Bank or of any such successor or assignee. The Bank may assign or otherwise transfer...
be reached and retrieved from the recipient or recipient’s successor in interest by action of a bankruptcy court or a trustee in bankruptcy, whether such bankruptcy is voluntary or involuntary, and whether or not such funds were: initially transferred in good faith and for value; a “preference...
be assigned to and shall inure to the benefit of and pass to the successor in interest to Mortgagor or the purchaser or grantee of the Property, and Mortgagor hereby appoints Mortgagee its lawful attorney-in-fact to execute an assignment thereof and any other document necessary to effect such ...
Mortgage Loan Seller Sub-Servicer A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller, as listed on Exhibit S to this Agreement, or any successor thereto. Most Referenced Clauses Confidentiality Force Majeure Indemnity Intellectual Property Ownership Mutual Indemn...
To more fully understand how Google may use the data it collects on the Websites, please review “How Google uses information from sites or apps that use our services” (located here or any successor URL). Some of the areas of the System contain electronic images known as web beacons (...
stamps and fees on each step of the securitization process, plus a way to obfuscate the real ownership and to essentially choose later who will be designated to be the “owner” of the mortgage rights — i.e., who will be said to own the mortgage note and thus be a successor to the...
Over nearly three decades, this allowed him to push through change despite the opposition of many around him. His successor, Andy Jassy, is matching that power, thanks to having led itsAmazonWeb Services cloud computing division since its inception. ...