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Mortgage Contingency Clause Sample Terms – Buying a property usually involves the signing of a purchase contract. Since buyers often have to qualify for a mortgage in order to buy a property, this contract usually contains a mortgage contingency clause. This clause will usually detail the terms of the mortgage commitment and will explain what will happen if the buyer cannot obtain a mortgage.
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Watchdog slams the Department of Education’s oversight of student-loan companies – These reports included examples of noncompliance by all nine servicers. But perhaps more concerning, FSA “rarely used” provisions in its contracts with student loan companies that would allow the.
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