Search for: "First Residential Mortgage Services Corporation"
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31 Mar 2021, 3:00 am
ENDANGERED SPECIES ACT United States Fish & Wildlife Service v. [read post]
22 Dec 2020, 7:08 pm
Medicare Sequestration Delayed an Additional Three Months Section 102 of the legislation extends the suspension of sequestration for Medicare fee-for-service payments by an additional three (3) months. [read post]
6 Nov 2020, 7:08 am
A transfer of a loan originated by a regulated entity and secured by a mortgage of residential property may require written borrower consent (normally this is provided for in the lender’s standard loan documentation). [read post]
28 Aug 2020, 2:00 pm
Real Estate Commercial real estate Easements Encroachment Foreclosure Landlord & tenant Law Litigation Mortgage & lending law Neighbor & HOA disputes Property damage Purchase agreements Real estate transactions Residential real estate Title services Trespassing Other. [read post]
11 Aug 2020, 6:00 am
Since corporations owed less in corporate income tax each year, there was concern that the need for tax credits would fall, reducing investment for LIHTC-financed projects. [read post]
22 Apr 2020, 10:00 pm
The CARES Act defines a “federally backed mortgage loan” as any loan which: is secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from 1 to 4 families, including any such secured loan, the proceeds of which are used to prepay or pay off an existing loan secured by the same property; andis made in whole or in part, or insured,… [read post]
10 Apr 2020, 10:59 am
Servicers of the mortgage loans are required to grant forbearance requests without any documentation other than a basic statement of financial hardship. [read post]
6 Apr 2020, 10:38 am
” New Residential Investment Corp. is a real estate investment trust, which focuses on the following segments: Origination, Servicing, MSR Related Investments, Residential Securities and Loans, Consumer Loans and Corporate. [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]
30 Jan 2020, 10:49 am
In litigation arising out of the 2007 subprime mortgage crisis, California secured a $150 million settlement from Morgan Stanley, which sold residential mortgage-backed securities to the state’s pension funds while allegedly concealing their risk. [read post]
20 Dec 2019, 2:00 am
Further, effective January 1st, additional select services will be included in Connecticut’s sales tax base, including parking garages, meters, and related parking services; interior design services; and dry cleaning and laundry services (excluding coin-operated laundry services).[5] Florida In March 2018, legislation was enacted in Florida to trigger corporate income and franchise tax rate reductions for the 2019 tax year in the event that… [read post]
5 Nov 2019, 3:25 pm
Take the sentencing of Gail Cooper, who was sentenced for the employment tax crimes she committed as owner of a commercial and residential glass installation company, Greenville Architectural Glass (GAG). [read post]
12 Sep 2019, 11:40 am
(CMS), a Colorado-based corporation. [read post]
28 Aug 2019, 12:16 pm
B&W allegedly inflated its sales and transactions figures by including not just its real estate brokerage sales and transactions, but also mortgage originations and refinances performed by its affiliate, Key Mortgage Services, and title searches, title insurance services, and other title-related services performed by its affiliate, BWT, as well as two other companies, Starck Title and Landtrust National Title. [read post]
9 Jul 2019, 7:59 am
Residential properties, inventory, securities, trust certificates, corporate stock, or partnership interests cannot be exchanged under Section 1031. [read post]
13 Jun 2019, 3:53 pm
Distributions of proceeds from a qualified mortgage financing by a QOF to its investors would not be taxable, and could provide cash for payments of tax liabilities incurred prior to the end of the 10 year holding period. [read post]
1 May 2019, 11:07 pm
On first examination, this looks quite appalling. [read post]
19 Apr 2019, 9:38 am
* * * General Electric Capital Corporation (GECC), then the financial services unit of GE, acquired WMC, a subprime residential mortgage loan originator, in 2004. [read post]
12 Apr 2019, 2:35 pm
Unlike earlier generations, many senior citizens are retiring with large amounts of debt including a mortgage. [read post]
NY Trial Court Finds Unconstitutional Takings in Foreclosure Program Targeting Distressed Properties
8 Apr 2019, 7:15 pm
Under the TPT program, the city is authorized to transfer distressed and tax-delinquent residential properties to pre-qualified nonprofits with the capacity to undertake repairs and rehabilitation, with the intent of preserving affordable housing. [read post]
