The 90-day pre-foreclosure notice requirement remains a formidable, commonplace defense for defaulting borrowers. Even if ...
Ltd states that Mr Joho operated a loan account with the bank and was a beneficiary of a loan facility advanced by Chase Bank (Kenya) Ltd through a letter of offer dated 16 December 2013.SBM Bank ...
Christian Allred has been a professional writer since 2020. He's written for some of the industry’s top brands and publications, including Rocket Mortgage, PropStream, Propmodo, and CRE Daily.
Syed Mahbubur Rahman, managing director and chief executive officer of Mutual Trust Bank, said that the banks with high default loans might struggle to function smoothly. ‘These banks must mobilise ...
A lawsuit includes two construction loans that are in default surrounding business properties involving the ACE Hardware and the building that houses the McAlister’s Deli and the Forum Credit ...
An alert is coming out for anyone who just closed on a loan because some in Greater Cincinnati are getting letters and postcards that look like they’re from the bank, but they’re not what they ...
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Subsequently, SBI classified the respondent's account as a Non-Performing Asset as its loan account became overdue and irregular. SBI issued a demand notice to the respondent under the SARFAESI Act.