Search for: "Provident Mortgage Corporation"
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24 Apr 2020, 9:20 am
The bill has been criticized for failing to close a loophole which allows publicly traded corporations to receive funds from the PPP. [read post]
22 Apr 2020, 10:00 pm
The language used to define a “Federally backed mortgage loan” or a “Federally backed multifamily mortgage loan” encompasses more properties than anticipated. [read post]
21 Apr 2020, 3:36 pm
Will Geer was featured on The Meriwether & Tharp Show to explain the types of bankruptcy, discuss what you can expect from a bankruptcy court, and answer many divorce-related bankruptcy questions. [read post]
21 Apr 2020, 2:15 pm
” The vast majority of community associations in California meet this definition, because they are incorporated as nonprofit mutual benefit corporations under California law. [read post]
20 Apr 2020, 4:10 am
Both the real estate market and the relationship between the two factions soured after 2008, eventually leading to a default under the Deed of Trust securing the mortgage loan. [read post]
20 Apr 2020, 4:00 am
Yet the financial statements can still provide interesting information. [read post]
15 Apr 2020, 10:28 pm
Mortgage Foreclosure and Eviction Moratorium The CARES Act allows a borrower who has a federally backed mortgage guaranteed, insured, or made by the USDA to request a forbearance if the borrower is experiencing financial hardship due to Covid-19. [read post]
15 Apr 2020, 11:20 am
Some of the missing asset classes are: unsecured consumer loans originated by marketplace lenders (a finance product that wasn’t a consumer staple in 2008-10 but now provides billions of dollars of credit to consumers), residential mortgage loans that do not qualify for the safe harbor protections introduced under the Dodd-Frank Act, also known as non-QM loans, private-label RMBS, and mortgage servicing rights. [read post]
15 Apr 2020, 9:51 am
Payments of eligible expenses related to covered mortgage or rent obligations and covered utility payments must relate to mortgage or lease obligations incurred or in force before February 15, 2020 and utility payments for which service began before February 15, 2020. [read post]
14 Apr 2020, 12:50 pm
Governance and Oversight The board of directors of a fiscal sponsor (“Sponsor”) is ultimately responsible for all of the comprehensive (Model A) fiscally sponsored projects (“FSPs”) of the Sponsor and the exercise of all corporate powers. [read post]
11 Apr 2020, 1:38 pm
Real Estate Mortgage Investment Conduit (REMIC) Income Tax Return; Estate and trust income tax payments and return filings on Form 1041, U.S. [read post]
10 Apr 2020, 1:59 pm
As with rent payments and collections, the House Bill explicitly states that no borrower is relieved of its obligation to pay its mortgage, and no creditor or mortgagee is restricted from ultimately recovering mortgage payments. [read post]
10 Apr 2020, 10:59 am
Mortgage Forbearance Provisions Sections 4022 and 4023 of the CARES ACT provide borrowers of certain federally-backed mortgage loans (e.g., HUD, Fannie Mae, and Freddie Mac-backed loans) with payment forbearance rights, and also impose certain tenant protections. [read post]
8 Apr 2020, 1:41 pm
Many governors have suspended mortgage payments. [read post]
8 Apr 2020, 2:25 am
He allegedly had previously mortgaged the property to other lenders. [read post]
8 Apr 2020, 2:25 am
He allegedly had previously mortgaged the property to other lenders. [read post]
7 Apr 2020, 11:49 am
Other SMBs are organized as corporations under state law. [read post]
7 Apr 2020, 11:49 am
Other SMBs are organized as corporations under state law. [read post]
7 Apr 2020, 2:00 am
No benefit will be provided automatically—it must be applied for and approved. [read post]
6 Apr 2020, 10:37 am
In addition to plans from the FHA and FHFA to suspend eviction and foreclosure proceedings, the CARES Act provides borrowers who have “Federally backed mortgage loans” access to newly created forbearance programs, regardless of whether or not they are in default. [read post]
