Sentence examples for stops making payments from inspiring English sources

Fannie and Freddie lose money from the time a borrower stops making payments until the home is resold to a new owner.

If a borrower stops making payments, the servicer is responsible for pursuing a foreclosure and then transferring the property to Fannie or Freddie.

If a tenant stops making payments, for instance, his or her possessions can be "evicted" and sold at auction to cover back rent.

When a shareholder stops making payments to the co-op and the lender, the co-op is first in line to get the money that it is owed upon the sale of the delinquent unit owner's shares.

So, he said, it might be worthwhile having something in the agreement that will require an owner who stops making payments to sell his share back to the other partners at an amount determined by an appraiser.

"And if the ex-spouse, for whatever reason, stops making payments, your credit is on the line".

Bank of America allegedly advised Georgia homeowner Pamela Flores to stop making payments on her mortgage so that she could qualify for the Making Home Affordable Program, a government mortgage relief initiative.

He stopped making payments after two years.

"Tenants will probably just stop making payments," he said.

Timothy McCollough freely admits that he stopped making payments on his Chase Manhattan credit card in 1999.

Morgan Stanley recently decided to stop making payments on five San Francisco office buildings.