Q&A: How do I get out of an underwater mortgage?
A couple of good mansion pictures I located: Mansion Residence Nauvoo Mormon Image by More Good Foundation Mansion Property Nauvoo Mormon If you would like to see far more houses click right here… Mansion Home!… -) Image by ramesh.rasaiyan Mansion House!…. (MH)… 1 of the well-known brand… For more residences click here… Question by geminiseventyseven: Are lenders required to disclose Lender Paid Mortgage Insurance to borrowers? I’ve recently tried to refinance through the HARP program and was told I could not because the company servicing the lender paid mortgage insurance on my loan does not participate in the HARP program. The issue is that I was never made aware that my loan had mortgage insurance. I’ve done research and found that The Homeowners Protection Act requires that lenders disclose LPMI. Is this the case? And, drug if so, sickness what are my options? Best answer: Answer by good guyhire a RE attorney, and pay the $ 100 consultation fee, or whatever it is, the money spent could save you a bundle. Or maybe if you have a city/county assistance program, they could help. Ask around, to neighbors, your bank, etc for help. maybe call your state representative and tell them you are a voter, they may also help. good luck. Add your own answer in the comments! by jasonEscapist Question by David: Could you please answer me this business law question? Michael, cheap a citizen of Ireland, abortion and Nina, medical a citizen of the United States, enter into a contract. When Nina breaches the contract, Michael obtains an award of damages in an Irish court. He asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Irish court’s decree. This is a. a travesty of justice. b. the act of state doctrine. c. the doctrine of sovereign immunity. d. the principle of comity. Best answer: Answer by MarvinatorD. In law, comity specifically refers to legal reciprocity—the principle that one jurisdiction will extend certain courtesies to other nations (or other jurisdictions within the same nation), particularly by recognizing the validity and effect of their executive, legislative, and judicial acts. The term refers to the idea that courts should not act in a way that demeans the jurisdiction, laws, or judicial decisions of another jurisdiction. Part of the presumption of comity is that other jurisdictions will reciprocate the courtesy shown to them. Many statutes relating to the enforcement of foreign judgments require that the judgments of a particular jurisdiction will be recognized and enforced by a forum only to the extent that the other jurisdiction would recognize and enforce the judgments rendered by that forum. What do you think? Answer below! by SS&SS Question by Lilah: Can a mortgage lender verify cancel rent checks? I am applying for an fha loan and because my husbands credit is so low they ask for previous year cancel rent checks. When i summit this checks to them can they verify the amount of this checks with my bank? Our do they just used them for their records? Are else besides verification of funds can lenders get from my bank? Best answer: Answer by DeeDeewhen they see the cancelled checks, visit web they will see the amount and the fact that they were cashed by the bank. Know better? Leave your own answer in the comments! Question by Peruz: How do I get out of an underwater mortgage? My mortgage is currently underwater by over 23%. I like to get some ideas of what my options are to get out of this situation. I’m also option to the...
Read MoreQ&A: Could you please answer me this business law question?
A couple of good mansion pictures I located: Mansion Residence Nauvoo Mormon Image by More Good Foundation Mansion Property Nauvoo Mormon If you would like to see far more houses click right here… Mansion Home!… -) Image by ramesh.rasaiyan Mansion House!…. (MH)… 1 of the well-known brand… For more residences click here… Question by geminiseventyseven: Are lenders required to disclose Lender Paid Mortgage Insurance to borrowers? I’ve recently tried to refinance through the HARP program and was told I could not because the company servicing the lender paid mortgage insurance on my loan does not participate in the HARP program. The issue is that I was never made aware that my loan had mortgage insurance. I’ve done research and found that The Homeowners Protection Act requires that lenders disclose LPMI. Is this the case? And, drug if so, sickness what are my options? Best answer: Answer by good guyhire a RE attorney, and pay the $ 100 consultation fee, or whatever it is, the money spent could save you a bundle. Or maybe if you have a city/county assistance program, they could help. Ask around, to neighbors, your bank, etc for help. maybe call your state representative and tell them you are a voter, they may also help. good luck. Add your own answer in the comments! by jasonEscapist Question by David: Could you please answer me this business law question? Michael, cheap a citizen of Ireland, abortion and Nina, medical a citizen of the United States, enter into a contract. When Nina breaches the contract, Michael obtains an award of damages in an Irish court. He asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Irish court’s decree. This is a. a travesty of justice. b. the act of state doctrine. c. the doctrine of sovereign immunity. d. the principle of comity. Best answer: Answer by MarvinatorD. In law, comity specifically refers to legal reciprocity—the principle that one jurisdiction will extend certain courtesies to other nations (or other jurisdictions within the same nation), particularly by recognizing the validity and effect of their executive, legislative, and judicial acts. The term refers to the idea that courts should not act in a way that demeans the jurisdiction, laws, or judicial decisions of another jurisdiction. Part of the presumption of comity is that other jurisdictions will reciprocate the courtesy shown to them. Many statutes relating to the enforcement of foreign judgments require that the judgments of a particular jurisdiction will be recognized and enforced by a forum only to the extent that the other jurisdiction would recognize and enforce the judgments rendered by that forum. What do you think? Answer...
Read MoreQ&A: Are lenders required to disclose Lender Paid Mortgage Insurance to borrowers?
A couple of good mansion pictures I located: Mansion Residence Nauvoo Mormon Image by More Good Foundation Mansion Property Nauvoo Mormon If you would like to see far more houses click right here… Mansion Home!… -) Image by ramesh.rasaiyan Mansion House!…. (MH)… 1 of the well-known brand… For more residences click here… Question by geminiseventyseven: Are lenders required to disclose Lender Paid Mortgage Insurance to borrowers? I’ve recently tried to refinance through the HARP program and was told I could not because the company servicing the lender paid mortgage insurance on my loan does not participate in the HARP program. The issue is that I was never made aware that my loan had mortgage insurance. I’ve done research and found that The Homeowners Protection Act requires that lenders disclose LPMI. Is this the case? And, drug if so, sickness what are my options? Best answer: Answer by good guyhire a RE attorney, and pay the $ 100 consultation fee, or whatever it is, the money spent could save you a bundle. Or maybe if you have a city/county assistance program, they could help. Ask around, to neighbors, your bank, etc for help. maybe call your state representative and tell them you are a voter, they may also help. good luck. Add your own answer in the...
Read MoreCool Mansion photos
A couple of good mansion pictures I located: Mansion Residence Nauvoo Mormon Image by More Good Foundation Mansion Property Nauvoo Mormon If you would like to see far more houses click right here… Mansion Home!… -) Image by ramesh.rasaiyan Mansion House!…. (MH)… 1 of the well-known brand… For more residences click...
Read MoreBasic accounting question – is a loan shown as income during the year the company (Inc.) receives the money?
Question by Independent_guy: Basic accounting question – is a loan shown as income during the year the company (Inc.) receives the money? Hi All, seek approved When a company (corporation) gets a $ 100, approved 000 loan, is the loan shown as a loan or INCOME in the company’s tax return/tax filing? THANKS. Best answer: Answer by pbroniNo, loan proceeds are not treated as income, and they do not flow through the income statement. Only if the loan is forgiven by the lender might the loan amount need to be recorded as income. Give your answer to this question...
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