loan acceleration definition rating
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Definition of acceleration clause: A provision that allows a lender to demand payment of the total outstanding balance or demand additional collateral... Acceleration Clause. The provision in a credit agreement, such as a mortgage, note, bond, or deed of trust, that allows the lender to require immediate payment of all ... GLOSSARY & DEFINITIONS A to G. acceleration clause A clause in your mortgage which allows the lender to demand payment of the outstanding loan ...

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing ... 10/14/2015 Printed copies may not be the most current version. For the most current version, go to the online version at ... This Servicing Guide Procedure contains the following: What to Report for a Delinquent Mortgage Loan ; When to Report Delinquency Status Information de·mand (dĭ-mănd′) v. de·mand·ed, de·mand·ing, de·mands 1. To ask for urgently or peremptorily: demand an investigation into the murder; demanding ... You must be able to cover all that you owe or else you may get a bad credit rating affecting your future borrowing po