Summary: Borrower’s action of issuing an order to wire funds on the date payment was due constituted “making payment” under a forbearance agreement with the lender, and was not...
You may have transactions from time to time where an open mortgage on title was made to a lender that is no longer in business. In those cases, you must find out what became of that lender’s...
There are some cases where a prior mortgage has been paid but unreleased, and a release cannot be obtained from the lender. In these instances, consider the following alternative methods to...
Summary: If a mortgage note allows a bank to seize possession of the property if the bank, in its sole discretion, determines the borrower has defaulted, the conduct is...
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