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18 Apr 2020, 12:22 am
Carter with Alice Richardson Further Reading Ilhan Omar unveils bill to cancel rent and mortgage payments amid the pandemic Let landlords continue with uncontested evictions during the pandemic, law firm tells government MP’s letter urging landlords to waive student rents for the rest of the year gets a frosty reception Don’t ignore essential maintenance during the lockdown For more housing news, follow me on twitter and the Landlord Law Facebook page Click here to get… [read post]
18 Apr 2020, 12:22 am
Carter with Alice Richardson Further Reading Ilhan Omar unveils bill to cancel rent and mortgage payments amid the pandemic Let landlords continue with uncontested evictions during the pandemic, law firm tells government MP’s letter urging landlords to waive student rents for the rest of the year gets a frosty reception Don’t ignore essential maintenance during the lockdown For more housing news, follow me on twitter and the Landlord Law Facebook page Click here to get… [read post]
16 Apr 2020, 4:14 pm
This has never been more true than now as our world struggles through impactful changes to our lives, both at work and at play, as a direct result of the COVID-19 pandemic. [read post]
16 Apr 2020, 2:22 pm
Foster, the court examined a wife’s right to mortgage property separately from her husband and the right of a mortgagee to foreclose on that property — quite a different type of discrimination action from the cases argued in OT 2019. [read post]
16 Apr 2020, 11:33 am
The video conference must allow for direct interaction between the signatory and the notary (e.g., no pre-recorded videos of the person signing). [read post]
16 Apr 2020, 10:05 am
Much of the media attention has been concerned with the individual aid measures to provide an infusion of cash through direct payments and expanded unemployment insurance, small and large businesses in the form of loans, grants, tax deferments, and other measures. [read post]
16 Apr 2020, 3:23 am
These reductions prevent the O-SII buffers from limiting the reductions in the SyRB, given the interactions between the two requirements stipulated in Article 131 of the Capital Requirements Directive IV. [read post]
15 Apr 2020, 10:28 pm
Examples of these loans include single-family housing Direct and Guaranteed loans and multifamily Direct and Guaranteed loans. [read post]
14 Apr 2020, 2:51 pm
The transaction was marketed as an ordinary asset backed (mortgage) transaction. [read post]
14 Apr 2020, 12:50 pm
Direction is provided through mission, vision, and values statements; plans; policies; budgets; specific directives; and responsible leadership. [read post]
14 Apr 2020, 6:00 am
“If climate change causes more volatile frequent and extreme weather events, you’re going to have a scenario where these large providers of financial products – mortgages, home insurance, pensions – cannot shift risk away from their portfolios,” stated Rostin Beham to the NY Times. [read post]
13 Apr 2020, 3:17 pm
” Non-payroll items include mortgage interest, rent, and utilities. [read post]
11 Apr 2020, 9:04 am
The coronavirus relief bill includes direct cash payments to help people through the crisis — but one red flag that can cost otherwise eligible Americans money is owing past due child support. [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]
10 Apr 2020, 8:39 am
The 2008 housing crisis illustrates this well: fraudulent activity by banks resulted in in direct financial loss to the federal government when mortgages guaranteed or insured by the federal government defaulted. [read post]
9 Apr 2020, 2:36 pm
” One thing residential mortgage loan originators and servicers believe is clear, however, is that they are being unfairly squeezed from several directions during this time of especially fragile economic conditions. [read post]
9 Apr 2020, 1:59 pm
OSFI has also published a direction on how loans extended through the newly-announced capital treatments made available to small and medium sized businesses by the federal government should be treated when taken on by DTIs. [read post]
9 Apr 2020, 12:19 pm
The advance is available within days following a successful SBA application (the application asks for direct deposit information). [read post]
9 Apr 2020, 6:32 am
How will I pay my mortgage or rent if I lose my job? [read post]
