Search for: "Affordable Mortgage"
Results 581 - 600
of 5,348
Sorted by Relevance
|
Sort by Date
1 Jun 2011, 9:00 am
In addition, the proposed regulation also establishes overly narrow debt to income guidelines that will preclude capable, creditworthy homebuyers from access to affordable housing finance.In the letter, the Senators emphasized that the extensive additional requirements for qualified residential mortgages in the proposed regulations swing the pendulum too far and reduce the availability of affordable mortgage capital for otherwise qualified consumers. [read post]
Senator Hagan Will Work with SEC and Federal Banking Agencies on Proposed Risk Retention Regulations
13 Apr 2011, 5:53 am
In the wake of proposed risk retention rules by the SEC and federal banking regulators conditioning a qualified residential mortgage on a 20 percent down payment, Senator Kay Hagan (D-NC) stated that a rigid, across-the-board down payment requirement would unnecessarily prevent middle-class first-time home buyers from getting affordable mortgages. [read post]
3 Feb 2012, 8:00 am
Because of this, more couples are staying together for the sake of their home only because they cannot afford to get out of the whole. [read post]
22 Apr 2013, 2:41 pm
The Martin Act affords the New York Attorney General broad powers in investigating and prosecuting securities fraud. [read post]
26 Oct 2020, 8:55 pm
In CP20/13 the FCA proposed to amend its responsible lending rules so that lenders could choose not to undertake a standard affordability assessment or to use the modified affordability assessment, if a borrower seeking to switch to a new deal without borrowing more was in a closed book within the same financial group. [read post]
26 Mar 2011, 12:49 am
Here is a list of the groups that will be there to help homeowners: American Home Mortgage Servicing, Inc. [read post]
21 Nov 2016, 1:49 pm
The Bureau’s ongoing focus on redlining issues dovetails with its now one-year-old rule expanding the scope of mortgage lenders’ mandatory reporting under the Home Mortgage Disclosure Act (HMDA). [read post]
17 Sep 2015, 1:15 pm
One of the other challenges faced is affordability, it can sometimes be difficult for one spouse to qualify for the new mortgage on their own. [read post]
4 Aug 2009, 8:08 am
On Tuesday, the federal government made a deal with mortgage company execs to perform 500,000 loan modifications by Nov. 1 - a significant scale back from than the 3-4 million first expected to be helped by the Making Home Affordable program. [read post]
27 Aug 2011, 8:23 am
For example, the Home Affordable Refinance Program excludes homeowners who owe more than 125 percent of the value of their house. [read post]
20 Jun 2010, 9:19 am
Many Americans who entered into trial modifications on their mortgages through the government backed HAMP (Home Affordable Modification Program) are finding that they could wind up in foreclosure anyway, thanks to a detail buried in the fine print of those modifications; investor-based denial. [read post]
31 Aug 2009, 9:24 pm
Imagine having the best interest rate, decent loan terms and an affordable payment - but still losing your home to foreclosure. [read post]
31 Aug 2013, 6:28 am
Carl Person, the Reform Party nominee for NYC Mayor, announced “I have drafted and am seeking voter signatures for a proposed NYC law for adoption by NYC voters that would provide for eminent-domain condemnation by NYC of any 1-4 family building, condo or coop unit in which the owner resides if the mortgage is unaffordable by the homeowner and is under water by 10% or more (that is, where the amount owed on all qualifying mortgages is more than 110% of the market value… [read post]
1 Jun 2009, 6:55 am
“In a federal RICO complaint, homebuyers claim that Washington Mutual’s, and its successor JP Morgan Chase’s reckless lending to unsophisticated borrowers whom they knew could not afford their mortgages was a “nationwide Ponzi scheme. [read post]
22 Sep 2009, 7:10 am
Such defaults occur typically when a borrower with perfect credit and ability to afford the mortgage, makes the intentional financial decision to let a home foreclose back to the lender. [read post]
14 Nov 2007, 6:09 am
Mortgage fraud and subprime lending have left many homeowners stuck with home loans they can no longer afford. [read post]
21 Oct 2008, 11:34 am
The Securities and Exchange Commission charged five Los Angeles-area brokers, Guillermo Haro, Kederio Ainsworth, Jesus Gutierrez, Gabriel Paredes and Angel Romo, with securities fraud, alleging that they put their customers at risk by refinancing their homes with subprime mortgages that they could not afford in order to fraudulently sell them unsuitable securities. [read post]
6 May 2007, 7:01 am
Today's Washington Post has this lengthy article on strategies for mortgage lenders and borrowers to avoid foreclosure. [read post]
2 Apr 2013, 11:33 am
In addition, homeowners should continue working with their servicer because the options that are available by documenting a hardship will often create a more affordable monthly payment than a streamlined modification will. [read post]
17 Mar 2007, 1:05 am
Question one: If a buyer has a weak credit history and a low-paying job, should he take out a hybrid mortgage -- with a low teaser rate for the first two years -- in order to buy a house that he couldn't otherwise afford? [read post]
