Secured loans are a type of lending that requires collateral. For instance, when you get an auto loan, you use the car you’re purchasing as collateral against the loan. If you default, the lender can ...
In his Financing column, Jeffrey Steiner warns mortgage lenders not to not rely on assignments of leases and rents, whether as a clause in the mortgage or as a separate agreement, to protect their ...
Steven J. Glaser of Moses & Singer discusses issues presented when a creditor wishes to take a life insurance policy as collateral, including the creation of a security interest in the policy, ...
Businesses that require additional funding often place physical property, such as buildings or land, up as collateral for a loan. If the lender deems the value of your physical assets inadequate to ...
Nationwide Title Clearing Inc. (NTC) has announced that it is now offering a complete collateral file audit and remediation service that can be tailored to specific portfolios, investors and ...