New Mexico Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
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How to fill out Sample Subsequent Mortgage Loan Purchase Agreement Of Ameriquest Mortgage?
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Employer Identification No.) 1100 TOWN & COUNTRY ROAD, SUITE 1100 ORANGE, CALIFORNIA 92868 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (714) 541-9960 Item 5.
Status: CLOSED. Long Beach was closed by Washington Mutual in 2007. History: Originally a California-based savings and loan, founded in 1979, Long Beach Bank became a federally chartered thrift institution in 1990. In October 1994, it became Long Beach Mortgage Co.
The "lender" is the financial institution that loaned you the money. The lender owns the loan and is also called the "note holder" or "holder." Sometime later, the lender might sell the mortgage debt to another entity, which then becomes the new loan owner (holder).
Commitment letter - A formal offer by a lender stating the terms under which it agrees to lend money to a home buyer. Also known as a "loan commitment."
On September 1, 2007, Citigroup completed its acquisition of Argent Mortgage and AMC Mortgage Services, shutting down Ameriquest Mortgage.
Loan Estimate Forms. Loan estimates, like GFEs, are an industry standard. They must be provided to mortgage applicants within three business days of their applications and provide a breakdown of costs, terms, and conditions. 2 And just like the GFE, the document allows borrowers to compare costs between lenders.
On September 9, 2007, Argent Mortgage was sold to Citi for an undisclosed amount. Argent was renamed Citi Residential Lending. Citi Residential Lending operated for several months before it was shut down. On September 10, 2007, Ameriquest stopped accepting loan applications.
Your mortgage lender is the financial institution that loaned you the money. Your mortgage servicer is the company that sends you your mortgage statements. Your servicer also handles the day-to-day tasks for managing your loan.
