Your English writing platform
Discover LudwigSuggestions(1)
Exact(8)
(2) Primary loan servicing on an FO, OL, or SW loan under part 766 of this title.
Loan servicing programs include any primary loan servicing program, conservation contract, current market value buyout, and homestead protection.
Several days later, however, they realized that what they had really bought was a second mortgage from Wachovia on a house that still had an enormous, unpaid primary loan.
The size of the new primary loan cannot be more than 97.75 percent of the current value of the property; refinanced loans for homeowners whose properties carry second liens cannot exceed 15 percent of the property value.
We encounter originators in the primary loan market when getting a car or student loan.
We encounter originators in the primary loan market when getting a car or student loan.
Similar(52)
Only primary loans may be modified.
Those second-lien mortgages have to be renegotiated separately, a step that often complicates efforts to modify the primary loans.
Investors who own the primary loans argue that the others should be second in line, getting only the money that is left over after they have been satisfied.
Its consumer Karrot platform was launched last year to complement Kabbage's primary loans business focused on online merchants and other SMBs.
As I predicted earlier in 2012-2013, lenders have began to do just that, in that conventional loans from major banks are requiring only 5percentt down for a primary home loan, wherein the past five years that norm had been 10percentto15percentcent, with the exception of FHA loans, which required a 3.5percentt down payment.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com