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September 28, 2022
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What Is Loan Servicing, Loan Servicing Definition
The administrative aspects of a loan are referred to as its "servicing," and they begin when the proceeds of …
September 28, 2022
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September 15, 2022
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What Is Liability Insurance and Different Types of Liability Insurance
Liability insurance refers to an insurance product that protects an insured party against claims resulting from injuri…
September 15, 2022
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September 13, 2022
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What is Letter of Indemnity (LOI)?
A letter of indemnity, abbreviated as LOI, is a legal document that guarantees certain terms will be met between two …
September 13, 2022
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September 12, 2022
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What is a Lender Confirmation Auction and Bid Pending Confirmation?
What Is a Lender Confirmation Auction mean One variety of a foreclosure sale is known as a lender confirmation auction.…
September 12, 2022
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September 11, 2022
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Who Is a Landlord, Responsibilities and Types of Landlords
A landlord is a property owner who rents or leases his or her property to another party. Individuals, business corporat…
September 11, 2022
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September 08, 2022
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What Is Landlocked and What Does Landlocked Means in Real Estate?
What is Landlocked In the context of real estate, landlocked refers to a piece of property that is inaccessible via pub…
September 08, 2022
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August 30, 2022
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What Is a Lien, Types of lien and How Lien Works?
A lien is a claim or legal right against property that is typically used as security for a debt. A lien could be impo…
August 30, 2022
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August 28, 2022
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Who are lenders and how they decide to issue the loan
Who Are Lenders? An individual, group (public or private), or financial institution that provides money to a person…
August 28, 2022
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August 20, 2022
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What is Loan Modification - Definition
A modification of an existing loan is when the terms of the loan are altered by the lending institution. It may involve…
August 20, 2022