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delayed settlement |
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mPay provides a POS terminal that allows providers to submit a claim for real time settlement whenever possible, and for a delayed settlement when necessary. Specialized FHA appraisals often required a laundry list of repairs that had to be made before settlement, that often delayed settlement, killed the transaction, or prompted Realtors(R) and lenders to direct homebuyers elsewhere for a mortgage. The bonds were sold shortly thereafter with delayed settlement scheduled for Feb. |
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