Is a non-exempt private mortgage lender entitled to collect interest on unpaid principal accruing from the principal balance due date when the agreed rate of interest earnings on the loan is usurious?
Soleimany v. Narimanzadeh
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Tag: promissory note
The Note and Trust Deed Work Together
A note and trust deed for the same transaction – one contract to be read mutually
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Installment Notes: Interest-Included and Interest-Extra
Use of interest-included and interest-extra installment notes to set the repayment schedule of debt.
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Introduction to Promissory Notes
Types of promissory notes and the function of usury law to prevent exorbitant interest rates and bad lender behavior.
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Evidence of the Debt
Use of a promissory note to evidence the borrower’s promise to pay
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The guarantor assures full payment on default
Form-of-the-Week: Guarantee Agreements – For Promissory Note and For Rental or Lease Agreement –...
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FARM: Attention Note Holders and Carryback Sellers!
Use this first tuesday FARM Letter in your marketing. To request a FARM letter topic, or to see a...
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Client Q&A: What’s the difference between a trust deed and a promissory note?
Use this first tuesday FARM Letter Info-Flyer with your existing clients to provide a clear,...
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Special provisions in a note
This article discusses the use of special note provisions to protect the mortgage holder while providing flexible repayment options to the borrower.
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