Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Deficiency_judgment> ?p ?o }
Showing triples 1 to 41 of
41
with 100 triples per page.
- Deficiency_judgment abstract "A deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the underlying promissory note, or loan, in full. The availability of a deficiency judgment depends on whether the lender has a recourse or nonrecourse loan, which is largely a matter of state law. In some jurisdictions, the original loan(s) obtained to purchase property is/are non-recourse, but subsequent refinancing of a first mortgage and/or acquisition of a 2nd (3rd, etc.) are recourse loans.In short, many jurisdictions hold that the loans obtained at the acquisition of a property ("purchase-money") are non-recourse, and most if not all subsequent loans are recourse.States that follow the title (trust-deed) theory of mortgages typically allow non-judicial foreclosure procedures, which are fast, but do not allow deficiency judgments. States that follow the lien theory of mortgages require judiciary foreclosure procedures, but allow deficiency judgments against the debtor.It is important to note that there is a difference between a deficiency and a deficiency judgment. A "deficiency" is the difference between the amount owed on a loan and the total amount received/collected at the closing of a loan. A deficiency judgment is a court judgment that is a public record of the amount owed and by whom. In many states, items included in calculating the amount of a deficiency judgment include: the loan principal, accrued interest and attorney fees, less the amount the lender bid at the foreclosure sale. In 2014 Geoff Walsh, a staff attorney with the U.S. National Consumer Law Center, said on NPR that the United States is "seeing an uptick" in the pursuit of deficiency claims, because technological developments have enabled large debt-buying institutions and mortgage insurers to more easily pursue former borrowers, who often don't know their legal rights.".
- Deficiency_judgment wikiPageID "10734661".
- Deficiency_judgment wikiPageLength "2912".
- Deficiency_judgment wikiPageOutDegree "16".
- Deficiency_judgment wikiPageRevisionID "650845626".
- Deficiency_judgment wikiPageWikiLink Bankruptcy.
- Deficiency_judgment wikiPageWikiLink Borrower.
- Deficiency_judgment wikiPageWikiLink Category:Bankruptcy.
- Deficiency_judgment wikiPageWikiLink Category:Judgment_(law).
- Deficiency_judgment wikiPageWikiLink Category:Judicial_remedies.
- Deficiency_judgment wikiPageWikiLink Category:Property_law.
- Deficiency_judgment wikiPageWikiLink Debtor.
- Deficiency_judgment wikiPageWikiLink Foreclosure.
- Deficiency_judgment wikiPageWikiLink Mortgage_law.
- Deficiency_judgment wikiPageWikiLink NPR.
- Deficiency_judgment wikiPageWikiLink National_Consumer_Law_Center.
- Deficiency_judgment wikiPageWikiLink National_Public_Radio.
- Deficiency_judgment wikiPageWikiLink Nonrecourse_debt.
- Deficiency_judgment wikiPageWikiLink Nonrecourse_loan.
- Deficiency_judgment wikiPageWikiLink Promissory_note.
- Deficiency_judgment wikiPageWikiLink Real_estate.
- Deficiency_judgment wikiPageWikiLink Recourse_debt.
- Deficiency_judgment wikiPageWikiLink Recourse_loan.
- Deficiency_judgment wikiPageWikiLinkText "Deficiency judgment".
- Deficiency_judgment wikiPageWikiLinkText "deficiency judgment".
- Deficiency_judgment hasPhotoCollection Deficiency_judgment.
- Deficiency_judgment wikiPageUsesTemplate Template:US-law-stub.
- Deficiency_judgment subject Category:Bankruptcy.
- Deficiency_judgment subject Category:Judgment_(law).
- Deficiency_judgment subject Category:Judicial_remedies.
- Deficiency_judgment subject Category:Property_law.
- Deficiency_judgment hypernym Judgment.
- Deficiency_judgment type Term.
- Deficiency_judgment comment "A deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the underlying promissory note, or loan, in full. The availability of a deficiency judgment depends on whether the lender has a recourse or nonrecourse loan, which is largely a matter of state law.".
- Deficiency_judgment label "Deficiency judgment".
- Deficiency_judgment sameAs 不足金判決.
- Deficiency_judgment sameAs m.02qnmz1.
- Deficiency_judgment sameAs Q5251552.
- Deficiency_judgment sameAs Q5251552.
- Deficiency_judgment wasDerivedFrom Deficiency_judgment?oldid=650845626.
- Deficiency_judgment isPrimaryTopicOf Deficiency_judgment.