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24 Jul 2020, 6:23 am by John Jascob
Complex and opaque mortgage-related securities, and derivatives based on those securities, embedded and concealed risk throughout the financial system.When the bubble burst starting in late 2007, hundreds of billions of dollars in losses in mortgages and mortgage-related securities sent a shock wave through markets around the world, compounded by derivatives losses. [read post]
24 Jul 2020, 6:23 am by Chris Castle
According to Senators Cornyn and Klobuchar’s offices, the Save Our Stages Act will: • Permit recipients to use grants for rent, utilities, mortgage obligations, PPE procurement, payments to contractors, regular maintenance, administrative costs, taxes, operating leases, and capital expenditures related to meeting state, local, or federal social distancing guidelines • Narrowly define independent live venue operators, promoters, and talent representatives to prevent large,… [read post]
22 Jul 2020, 11:07 am by Nichole M. Baer
  In May, the Pennsylvania General Assembly directed $175 million of that aid to the Pennsylvania Housing Finance Agency (PHFA) to provide help to renters and homeowners struggling to make ends meet. [read post]
21 Jul 2020, 11:51 am by bhorton
Directed legislative action and policies that are consciously designed to help achieve equity for communities of color is needed to achieve health justice in these areas. [read post]
17 Jul 2020, 2:58 am by NWDRLF
Regardless of which direction you take, it is highly recommended to get advice from a legal representative who has worked with bankruptcy filings in the past. [read post]
Both scenarios highlight the importance of employer-directed financial health programs that can help stimulate savings behavior. [read post]
  In the case of Main Street Priority Loans and Expanded Loans, the Main Street Loan must be on a senior or pari passu basis in terms of collateral and payment priority with the borrower’s other debt (except for “mortgage debt”, which is generally defined as  (i) debt secured by real property or (ii) limited recourse equipment financings, including capital or finance leases). [read post]
  Accordingly, companies must make sure their operations are TCPA compliant when servicing or collecting  government-owned or -guaranteed loans or other obligations, such as mortgage loans and student loans. [read post]
6 Jul 2020, 2:47 pm by Alan S. Kaplinsky
  The CFPB recently proposed amendments to Regulation Z pursuant to this directive. [read post]
6 Jul 2020, 6:28 am by Richard J. Andreano, Jr.
The CFPB recently proposed amendments to Regulation Z pursuant to this directive. [read post]
3 Jul 2020, 6:43 am by Florence Campbell Jones
   Moratorium for mortgages and loans In addition to a moratorium on first-home mortgages, there is a moratorium applicable to credit granted to small and medium-sized enterprises (“SME“) until December 2020. [read post]
2 Jul 2020, 7:17 pm by Law and Policy Lab
Congress has also banned evictions until July 25 on federally managed rentals and mortgages. [read post]
2 Jul 2020, 1:34 pm by umbrella
The father said he was struggling financially, and that the mother has not contributed to her share of the mortgage on the home. [read post]
2 Jul 2020, 1:34 pm by umbrella
The father said he was struggling financially, and that the mother has not contributed to her share of the mortgage on the home. [read post]
30 Jun 2020, 3:32 am by CMS
The property had an approximate value of £175,000 and an outstanding mortgage on it. [read post]
26 Jun 2020, 12:09 pm by Richard J. Andreano, Jr.
The CFPB recently proposed a temporary extension of the qualified mortgage (QM) that is based on a loan being eligible for sale to Fannie Mae or Freddie Mac (often referred to as the “GSE Patch”). [read post]
24 Jun 2020, 6:32 am by Staff Attorney
This indebtedness is nonrecourse mortgage indebtedness and the Company has extension options with respect to a portion of such indebtedness. [read post]