Search for: "Federal National Loan Mortgage"
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18 Nov 2020, 6:53 am
The proposed rule would apply to Title I manufactured home loans, Title II single-family home loans, and home equity conversion mortgage loans (i.e., reverse mortgage loans). [read post]
13 Nov 2020, 6:11 am
In addition to these benefits, VA loans can be taken out as either a 15-year fixed-rate mortgage or a 30-year fixed-rate mortgage. [read post]
24 Oct 2020, 3:30 pm
The program offers loans to businesses, in which it is specified that proceeds from the PPP shall be used only on certain permissible expenses, including interests on mortgages, payroll costs, rent, and utilities. [read post]
21 Oct 2020, 7:45 am
Homebuying or Apartment Renting—Mortgage lenders and landlords need to know how trustworthy you are and whether you will be able to pay the monthly mortgage or rent. [read post]
20 Oct 2020, 12:36 pm
Two-thirds of the residential mortgage loans in this country are federally backed mortgages. [read post]
14 Oct 2020, 11:28 am
Even if you worked hard and saved a substantial amount for a down payment, you will likely still need to take out a loan, which is known as a mortgage. [read post]
14 Oct 2020, 9:36 am
While mortgage lenders are permitted to consider a borrower’s ability to pay a mortgage payment and their credit history, a lender may not refuse a borrower’s loan because they are a member of a protected class. [read post]
13 Oct 2020, 6:50 am
We recently published a blog about the OCC’s proposed rule “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”), which would clarify that a bank (or savings association) is properly regarded as the “true lender” when, as of the date of origination, it is named as the lender in a loan agreement or funds the loan. [read post]
9 Oct 2020, 11:32 am
Bell’s home was ultimately sold at a foreclosure sale to the Federal National Mortgage ... [read post]
6 Oct 2020, 1:49 pm
The federal government has issued protections for tenants and mortgage loan borrowers under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. [read post]
6 Oct 2020, 10:32 am
Facts of the Case In 2008, Congress enacted the Housing and Economic Recovery Act (HERA), which created the Federal Housing Finance Agency (FHFA) as an independent agency to oversee the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
5 Oct 2020, 11:08 am
Government-backed loan programs from the Department of Veterans Affairs or the Federal Housing Administration may offer financing options, but the property will need to meet standards for approval. [read post]
25 Sep 2020, 2:31 pm
Referrals by or to a title company or lender to a broker may create legal problems since they raise the question – is the buyer being charged more than he/she should be for a mortgage or other home-related loan. [read post]
24 Sep 2020, 8:00 am
The government is permitting a payment holiday for federal college loans, which reduces the stress on personal finances. [read post]
21 Sep 2020, 9:42 am
The other individuals appointed to the CBAC are: John Buhrmaster, President & CEO, First National Bank of Scotia (Scotia, NY) Patrick Ervin, EVP, Independent Bank (Troy, MI) Shan Hayes, President and CEO, Heartland Tri-State Bank (Elkhart, KS) Ronette Hauser-Jones, Mortgage Division President, Great Plains Bank (Oklahoma City, OK) Bruce Ocko, Senior VP Director of Mortgage & Consumer Lending, Bangor Savings Bank (Bangor, ME) Kristina Schaefer, General… [read post]
18 Sep 2020, 6:13 pm
The Women’s Rights Project tallied hundreds of federal laws that discriminated on the basis of sex — in education, employment, reproductive rights mortgages, credit cards, loans, house rentals, prison, and the military. [read post]
14 Sep 2020, 12:32 pm
Federal employees did background investigations for prospective federal employees, current federal employees, and individuals needing national security clearance. [read post]
14 Sep 2020, 12:32 pm
Federal employees did background investigations for prospective federal employees, current federal employees, and individuals needing national security clearance. [read post]
9 Sep 2020, 8:17 am
Additionally, the federal government has imposed a Federal stay on foreclosures related to primary residences with government backed mortgages. [read post]
9 Sep 2020, 6:16 am
NATIONAL MEDICAL IMAGING, LLC, et al., Appellants, v. [read post]
