First Quarter: The moon is one-half illuminated by the sun. Occurs when the moon's illumination is increasing, Waxing Gibbous: The moon is more than one-half illuminated by the sun but not completely illuminated. Occurs when the moon's illumination is increasing, Full Moon: The moon is totally visible in the sky. Except during a lunar eclipse, Waning Gibbous
Property Preservation â This term refers to the industry of professionals who provide services to banks and asset management companies on their foreclosure houses. Typical services provided are repair, inspection, insurance claim management and maintenance. Also known as Mortgage Field Services.
Litigation hold (also known as preservation orders or hold orders) is a stipulation requiring a company to preserve all data that may relate to a legal action involving the company. This requirement ensures that the data in question will be available for the discovery process prior to litigation. A company must preserve records when it learns of pending or imminent litigation, or when litigation is reasonably anticipated.