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A Summary of the Goldman Sachs Fraud Case, and the Downfall of Icons Nevertheless, Goldman Sachs affirmed that they were merely following normal business practices and had not committed any wrong. The Goldman Sachs fraud case elicited critical issues centering on the inadequacy of the investment banking practices, and raised the question whether it is a case of deceptive or unethical behavior (Craig & Scannell.
Mortgage Glossary, Real Estate Glossary Letter I Mortgage Home Loans Glossary Real Estate Glossary Homes for sale glossary home Insurance Glossary. Ryan James O’Kane Arbor financial group marketing engines, Inc. Mortgage and Real Estate Glossary of Terms Mortgage, Real Estate and Insurance.
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Understanding Mortgage Lingo: A Real Estate Glossary of Terms. Earnest money is typically 1% to 3% of the sale price, deposited via cashier’s check, personal check, or wire transfer one to three days after the seller accepts the final offer. Equity – The amount of a property’s value that the owner actually owns.
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A mortgage covering at least two pieces of real estate as security for the same mortgage. This provides greater security for the Lender. It may be possible to get a "partial" release so the Borrower can sell one of the properties provided a suitable principal reduction is made.
REAL ESTATE GLOSSARY ( A – Z) A. Acceleration clause or Acceleration Covenant. A contract provision that empowers a money lender to oblige a borrower to pay back all or part of an outstanding loan upon failing to comply with some agreed upon conditions. An acceleration clause outlines the reasons that the lender can claim loan repayment. Such clauses are also common in mortgages or purchase of real estate in portions.