More On Equitable Mortgage & Usury (Florida)

Court allows lenders to restart foreclosures any time foreclosure by sale: "All liens and mortgages affecting real property may, on the written motion of any party to any suit relating thereto, be foreclosed (1) by a decree of sale instead of a strict foreclosure at the discretion of the court before which the foreclosure proceedings are pending,Great Experience – Royal United Mortgage LLC  · LendingTree is a mortgage loan broker that allows homebuyers to compare various mortgage loan offers. Uncover if it’s right for you in this review.. lendingtree offers great deals by giving consumers several offers from multiple lenders in a matter of minutes and is ideal for:. llc. 11115 Rushmore Drive.

equitable liens in that in the former situation the subrogee accedes to a pre-existing lien or one already established, whereas in the case of equit-able liens, the lienor acquires a new lien which never before existed. The equitable lien should also be distinguished from the common-law possessory lien.

Usury laws are bright line rules that allow for business planning. We can try to police the same problems on an ad hoc equitable basis using doctrines like unconscionability, but these fuzzy standards make it very hard for businesses to know what is allowed and what isn’t.

The broker then found an interested lender, Jacqueline Kovitch. Kovitch lent $25,000 to Ed-Jo Corporation of Florida, and the Cerritos both signed as personal guarantors. They also executed a mortgage on their home as security for the loan. Eventually the Cerritos defaulted and Kovitch brought this action to foreclose the mortgage.

Asking a seller to help you buy their home is not something most homeowners, or even their listing agents, usually consider.However, for a seller whose home isn’t selling or for a buyer having trouble with traditional lender guidelines, owner financing is definitely a viable option. Also known as seller financing, it’s especially popular if the local real estate scene is a buyer’s market.

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volving a loan of money evidenced by a promissory note and mortgage. Owing to the esoteric nature of money lending transactions in general, and more particularly to the result reached in the latest expression of the courts, this paper is directed to an examination and exposition of Florida’s

Mortgage lending is subdued, with Bank of England figures showing that little more than 50,000 loans are approved each month for house purchases. This is well below the high point of 130,000. Northpoint Mortgage is a branch of Fairway Independent mortgage corporation. georgia residential mortgage licensee / GA Mortgage Lender License #21158.

What if the house is titled in the wife’s name only, but the mortgage is titled in both the parties’ names? This article on property distribution details how Florida equitably distributes assets and debts to the parties at the time of a divorce. We will start by defining what exactly is an equitable distribution in Florida.