Search for: "Federal National Loan Mortgage"
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1 Apr 2020, 7:32 am
The eviction relief is limited to tenants in properties on which there is a federally related mortgage loan, and is only for 4 months. [read post]
31 Mar 2020, 7:44 pm
The Paycheck Protection Program (PPP) established by the CARES Act provides SBA loans for businesses to support employee salaries, paid sick or medical leave obligations (an FFCRA intersection), and mortgage, rent and utility payments. [read post]
31 Mar 2020, 4:31 am
Venezuelan Legal System The Bolivarian Republic of Venezuela is a federal republic comprised of 23 states, two federal territories, one capital district and 11 groups of islands (the so called, federal dependencies). [read post]
30 Mar 2020, 2:16 pm
The loan forgiveness is equal to the amount spent by the borrower during an 8-week period from the loan on payroll costs, interest payments (not principal payments) and on any mortgage and rent on any lease in place prior to February 15, 2020, as well as on payment on any utility for which service began before February 15, 2020 (e.g., electric, gas, water, transportation, phone and internet). [read post]
30 Mar 2020, 3:03 am
Mortgage & real estate related relief – among other things, this includes foreclosure moratorium and forbearance of multifamily residential mortgage loan payments on federally backed loans 8. [read post]
29 Mar 2020, 10:26 am
First, the national trend favors increased RON usage. [read post]
27 Mar 2020, 12:28 pm
This program also provides for forgiveness of the loan in an amount equal to the sum of the following costs incurred over an 8-week period after the loan is funded: payroll costs, mortgage interest, rent obligations, or any covered utility payment. [read post]
26 Mar 2020, 3:31 pm
The requirement does not apply to any mortgage loans “made, insured, or securitized by any agency or instrumentality of the United States, any Government Sponsored Enterprise, or a Federal Home Loan Bank, or the rights and obligations of any lender, issuer, servicer or trustee of such obligations, including servicers for the Government National Mortgage Association. [read post]
26 Mar 2020, 8:26 am
Similarly, the federal government has issued guidelines for mortgage modifications and has allowed borrowers to suspend up to two payments on their federal student loans. [read post]
25 Mar 2020, 4:32 pm
In addition to depository institutions like banks and credit unions, this also includes non-depository institutions such as mortgage loan companies, securities institutions, check cashers, and payday lending companies. [read post]
24 Mar 2020, 2:03 pm
Removing unnecessary operational delays like attestations from a nationally recognized accounting firm as to asset eligibility. [read post]
24 Mar 2020, 9:04 am
In addition, the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, more commonly known as Fannie Mae and Freddie Mac, respectively, have instituted moratoriums on foreclosures, as well as forbearance options for those affected by the coronavirus pandemic. [read post]
23 Mar 2020, 1:41 pm
Can Mortgage Loan Originators, Underwriters and Loan Processors be Permitted to Work from Home? [read post]
21 Mar 2020, 9:33 am
The United States government has announced that they will be suspending student loan payments and waiving interest during the Coronavirus national emergency. [read post]
20 Mar 2020, 5:33 pm
The United States government has announced that they will be suspending student loan payments and waiving interest during the Coronavirus national emergency. [read post]
19 Mar 2020, 6:19 am
Even as far back as AD 33, there was a financial panic that was the result of the mass issuance of unsecured loans by Roman banking houses. [read post]
18 Mar 2020, 5:04 am
People need money to pay the rent, the mortgage, the utility bills. [read post]
17 Mar 2020, 11:01 am
The organizations joining in the joint comment letter are the California Mortgage Bankers Association, Credit Union National Association, Housing Policy Council, Leading Builders of America, Mortgage Bankers Association, Mortgage Bankers Association of Florida, Mortgage Bankers Association of Missouri, National Association of Federally-Insured Credit Unions, National Association of REALTORS®, Real Estate Services Providers… [read post]
16 Mar 2020, 2:33 pm
Small businesses, be able to borrow interest-free loans. [read post]
12 Mar 2020, 3:06 pm
Other claims against Deutsche Bank remain ongoing, including a suit brought by the National Credit Union Administration. [read post]
