GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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14:20 Jul 20, 2015 |
Serbian to English translations [PRO] Law/Patents - Law (general) | |||||||
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| Selected response from: Miomira Brankovic Serbia Local time: 17:24 | ||||||
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Summary of answers provided | ||||
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5 | misuse of loan proceeds and other benefits |
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misuse of loan proceeds and other benefits Explanation: Misrepresentation of loan purpose or misuse of loan proceeds was described in 129 (12.26%) of the sampled narratives. http://www.fincen.gov/news_room/rp/reports/html/mortgage_fra... In such case, the insurance of the loan shall not be affected unless such material misstatement of fact or misuse of loan proceeds was caused by or was knowingly sanctioned by the lender or its employees ... https://books.google.rs/books?id=v-AIBAAAQBAJ&pg=PA123&lpg=P... |
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