Mortgage Workouts

Article Abstract:

The assistance a lender offers to a borrower during a difficult time in the form of a temporary or permanent change in the loan terms can take the form of reducing the interest rate, a moratorium, adding the interest due to the principal, restructuring the debt service, and advancing additional funds to the borrower.

Statistical Data Included, Management, Contracts, Mortgages, Reformation of instruments

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Mortgage workouts

Article Abstract:

Lenders that attempt to change mortgage terms for borrowers in financial difficulties are said to provide mortgage workouts. Workouts can help the borrower to avoid filing bankruptcy and the lender to avoid foreclosure.

Mortgage bankers and correspondents, Mortgage Bankers, Real Estate Credit, Services, Mortgage banks

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The effect of the Sarbanes-Oxley Act on public real estate entities

Article Abstract:

The Sarbanes-Oxley Act of 2002 has changed the financial reports and operations of public real estate companies.

Legal issues & crime, Government regulation (cont), Government regulation, Legal/Government Regulation, Other Activities Related to Real Estate, REAL ESTATE, Real Estate Services, Laws, regulations and rules, Real estate industry

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