In response, a slight majority of U . S . states have adopted nonjudicial foreclosure procedures in which the mortgagee ( or more commonly the mortgagee's servicer's attorney, designated agent, or trustee ) gives the debtor a notice of default ( NOD ) and the mortgagee's intent to sell the real property in a form prescribed by state statute; the NOD in some states must also be recorded against the property.
42.
The family said the Tanco group issued a Notice of Default on December 9 claiming PWU owes the group P928 million which was originally a P230-million loan of the school with BDO, which the Tanco group assumed . The notice of default inappropriately and unilaterally demanded payment of the entire amount within a mere seven days . The said notice of default is baseless primarily because, among other reasons, the amount demanded is absolutely and exorbitantly wrong, the Benitez family said . The Benitez family is contesting the said default notice and taking legal action to fight this brazen takeover attempt of a revered educational institution, it added.
43.
The family said the Tanco group issued a Notice of Default on December 9 claiming PWU owes the group P928 million which was originally a P230-million loan of the school with BDO, which the Tanco group assumed . The notice of default inappropriately and unilaterally demanded payment of the entire amount within a mere seven days . The said notice of default is baseless primarily because, among other reasons, the amount demanded is absolutely and exorbitantly wrong, the Benitez family said . The Benitez family is contesting the said default notice and taking legal action to fight this brazen takeover attempt of a revered educational institution, it added.
44.
The family said the Tanco group issued a Notice of Default on December 9 claiming PWU owes the group P928 million which was originally a P230-million loan of the school with BDO, which the Tanco group assumed . The notice of default inappropriately and unilaterally demanded payment of the entire amount within a mere seven days . The said notice of default is baseless primarily because, among other reasons, the amount demanded is absolutely and exorbitantly wrong, the Benitez family said . The Benitez family is contesting the said default notice and taking legal action to fight this brazen takeover attempt of a revered educational institution, it added.
45.
With the new hardware and software in place, White struck a deal with Mike Ela, then President of Dataquick, for foreclosure data from all 50 states through Dataquick's partner Axciom, which took them national, with complete foreclosure data that included notice of default ( NOD ), notice of trustee sale ( NTS ) and bank-owned ( REO ) information on more than a million properties from Florida to Hawaii and Alaska and all points in-between RealtyTrac secured its place in history as the leader and pioneer in online foreclosure information with a strong business-to-business ( B2B ) operation and broad-based business-to-consumer ( B2C ) applications.
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