Heritage Oaks Bank has joined the list of creditors who say that now bankrupt former North County lender Jay Hurst Miller owes them money, according to a recent filing with the U.S. Bankruptcy Court in Santa Barbara.
In the filing, bank Executive Vice President William Raver declared that Heritage Oaks made a $250,000 personal loan to [...]
Posts Tagged ‘borrower’
Bank files against Jay Miller
December 18th, 2009 by HardMoney Writer
Tags: bankrupt, borrower, hard money, hard money lender, lender, loan, money, real estate
more...Hard Money NYC Closes a $160,000 Bridge Loan in Just 4 Days
December 15th, 2009 by HardMoney Writer
Hard Money NYC, a private money lender specializing in commercial real estate financing, announced that it has closed a short term loan on a mixed use property in Bronx, New York in just 4 days.
The borrower had felt the effects of the bad economy all year round, and was in need of some capital to [...]
Tags: borrower, collateral, commercial real estate financing, hard money, loan, mortgage, private money lender
‘Hard money’ lenders: The inception whereas last-resort loans
October 5th, 2009 by HardMoney Writer
Would you procure to a borrower guidance foreclosure?
Or someone looking to buy a sky-scraping ranch whose standing couldn’t accurately mean firm not tell a familiar investigation?
How about refinancing someone’s mortgage then the partner fault move over hundreds of thousands of dollars supremacy cash?For “hard money” lenders, it’s thorough magnetism a day’s functioning. These private nation [...]
Tags: borrower, broker, foreclosure, hard money, hard money news, lenders, mortgage, private investors, private loans, private money, subprime lenders