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Trust your staff, after all... you employed them! It was an old edifice, so if it was raining hard we would get rain inside. Fortunately, they could move to a better roofed house where it no longer rain inside the school.
The primary objective is to eliminate the reverse mortgage - not a lucrative one.
Judges have invalidated 12 reverse mortgage loans on the Costa del Sol.
In Bilbao, the CFI 11 found that the twelve reverse mortgage loans given to UK family members in the Malaga region for a sum of six million euros between 2004 and 2007 were nil. Lawbird Legal Services said in a news bulletin that the case came to the attention of this tribunal after a Bilbao civil law attorney executed all the agreements and the representatives' account was deposited with a local banking institution.
Mortgage Funding No 1 Limited (SLMF), the borrower, had its registered office in Chester UK and had not obtained the necessary approval to raise publicly repayable money and to provide securities brokerage as well as reserved operations needed by the Bank of Spain and the National Commission for Market Value (CNMV). Nevertheless, the company borrows a loan and is disbursed at a later date, as these resources were previously chosen by the company itself.
This judgement stated that this type of complaint infringes the control of the relevant Spanish government agencies to act in Spain, an illicit commodity that ignores all the company's responsibility, such as providing "extensive information on the sales of sophisticated finance products". These reverse mortgage loans were sold through three firms (Hamilton Financials, Henry Woods Investment Management and others) in Estepona, Marbella and Fuengirola, which worked on the committee that used the finance to attract new customers.
A number of attorneys were also involved, who were also suggested by the SLMF to give the impression of composure that made it possible to revive the scope of the absence of admin controls and the real products, the news statement states. Lawbird Law Services, working on behalf of the victim, says that "the phrase starts from the validation of an outside operations in relation to bank materials and investment that have been transformed into fraudulent finance fraud, even though they are a corporate body in their own countries, and will now make it possible to rescue the victim from a worst-case scenario that has taken almost ten years".
It is understood by the court that the invalidity must apply to all agreements in writing that have been concluded by the client and the client, in a groundbreaking manner for the great advantage of the respondent (and seriously for the convicted), the authority to recover without any commitment to respect the agreements made.