25 March 2020 | 0 replies
For example - Originations - Underwriting- Income analysis: With individuals wanting to refinance at historically low rates, there will be an increase of documentation being sent for processing Servicing - Loss mitigation: More individuals submitting "hardship" or modification requests to their current termsWhere else in the process will banks see constraints or an increase in needed capacity?
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5 April 2020 | 5 replies
I'm sure this thing is tough on a lot of people who were not prepared for it financially, or supply wise (W2 and Owner Operators both).The mandatory stay at home orders, food shortages, TP shortages, job loses, the uncertainty of your financial situation, having no job, or having to let some of your people go, etc...But it will end, and it may make it more endurable to focus on a possible end date.
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7 April 2020 | 28 replies
The only stock that didn't see an increase was Nasdaq seeing only a minuscule loss.
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26 March 2020 | 2 replies
It is likely negative, but if the loss is LESS than you currently pay in rent, you are still in a better position than today.
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11 September 2020 | 328 replies
I take responsibility for my losses and injuries as a result.
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26 March 2020 | 4 replies
Liquidated damages are paid by you regardless of how much damages the Seller actually suffers(ed).For example, if the EM is $ 25K and the Seller resells the property to a new buyer with an actual out of pocket loss from your breach of $ 10K, an argument can be made that Seller should not make a profit, unless the contract allows for such a situation.2.
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1 April 2020 | 15 replies
As long as I have put in the efforts to minimize the magnitude of my losses, I feel I'll be at a net gain no matter what simply because of knowledge received.
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28 September 2020 | 34 replies
Be sure to get a higher deposit to cover the higher risk of rental income loss.
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17 April 2020 | 5 replies
This is a fix and flip loan Yup, the market dried up lenders are tightening up to mitigate losses and costs. 75% LTV is the highest I have.
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19 April 2020 | 3 replies
For you though, right now, you need to weigh your losses and how much you want to press them on the contract.