Sentences with phrase «after the primary mortgage»

They're often called second liens because in the event of foreclosure, they only get paid off after the primary mortgage has been satisfied - they're second in line in other words.

«Widowed spouses are being consumed by a labyrinth of processes in an attempt to assume or modify existing home loans after the primary mortgage holder passes away.

A new bill introduced in the California State Senate would establish a Homeowner Survivor Bill of Rights, which is designed to help widowed spouses and children stay in their homes after the primary mortgage holder passes away.

Not exact matches

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30 - year fixed mortgage rate in the U.S. dropped after nine consecutive weeks of increases in late MarMortgage Market Survey, the 30 - year fixed mortgage rate in the U.S. dropped after nine consecutive weeks of increases in late Marmortgage rate in the U.S. dropped after nine consecutive weeks of increases in late March 2018.

Minneapolis, MN: Freddie Mac today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing fixed mortgage rates pulling back and following bond yields lower after gradually moving higher over the pasMortgage Market Survey ® (PMMS ®), showing fixed mortgage rates pulling back and following bond yields lower after gradually moving higher over the pasmortgage rates pulling back and following bond yields lower after gradually moving higher over the past month.

In the meantime, HUD has issued a ruling essentially saying that for reverse mortgages closed after August 4th of this year, a non-borrowing spouse can remain in the house after the borrowing spouse dies, assuming the couple was married at the time of the loan closing, occupied and continues to occupy the house as a primary residence and the non-borrowing spouse is listed on the loan documents.

Because reverse mortgages are meant to help seniors age in place, you must move into the new home within 60 days after closing, and the new home must become your primary residence.

The primary mortgage still must be paid off after the home equity loan / HELOC.

MCLEAN, Va., May 03, 2018 (GLOBE NEWSWIRE)-- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing that after steadily rising in most of April, average mortgage rates dipped slightly over the paMortgage Market Survey ® (PMMS ®), showing that after steadily rising in most of April, average mortgage rates dipped slightly over the pamortgage rates dipped slightly over the past week.

After you get a reverse mortgage on your primary residence, repayment is not due until the home is sold, the last borrower passes away or permanently leaves the home *.

McNeal, after filing for bankruptcy under a Chapter 7, reported that her mortgage was subject to two mortgage liens, $ 176,413 held by the primary lender and a second priority loan in the amount of $ 44,444.

With the The Mortgage Forgiveness Debt Relief Act you may not have to pay any taxes on the forgiven amount shown on your 1099 after the short sale of your primary residence.

MCLEAN, VA --(Marketwired - Mar 15, 2018)- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30 - year fixed mortgage rate dropping after nine consecutive weeks of inMortgage Market Survey ® (PMMS ®), showing the 30 - year fixed mortgage rate dropping after nine consecutive weeks of inmortgage rate dropping after nine consecutive weeks of increases.

Since the new year began, all eyes have been on the Freddie Mac Primary Mortgage Market Survey, which has shown a drop in mortgage rates for four consecutive weeks.1 This unexpected news has come after a long - anticipated rise in mortgage rates after the Fed's small interest raMortgage Market Survey, which has shown a drop in mortgage rates for four consecutive weeks.1 This unexpected news has come after a long - anticipated rise in mortgage rates after the Fed's small interest ramortgage rates for four consecutive weeks.1 This unexpected news has come after a long - anticipated rise in mortgage rates after the Fed's small interest ramortgage rates after the Fed's small interest rate hike.

MCLEAN, Va., May 17, 2018 (GLOBE NEWSWIRE)-- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing that after plateauing in recent weeks, mortgage rates reversed course and reached a new high last seen seven years ago.Sam Khater, FreddiMortgage Market Survey ® (PMMS ®), showing that after plateauing in recent weeks, mortgage rates reversed course and reached a new high last seen seven years ago.Sam Khater, Freddimortgage rates reversed course and reached a new high last seen seven years ago.Sam Khater, Freddi... More

MCLEAN, VA --(Marketwired - Jul 20, 2017)- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing average mortgage rates dropping after two straight weeks of inMortgage Market Survey ® (PMMS ®), showing average mortgage rates dropping after two straight weeks of inmortgage rates dropping after two straight weeks of increases.

If the home is used as your primary dwelling, the creditor can only collect on the amount (after other primary debts like mortgages are paid) that is not exempted by the homestead exemption (a fixed dollar value in statute - currently $ 390,000), which makes forcing the sale of your home an unattractive one for the creditor.

Average fixed mortgage rates following 10 - year Treasury yield lower after the May employment report came in well below expectations, according to the recently released Freddie Mac Primary Mortgage Market Survey ® (mortgage rates following 10 - year Treasury yield lower after the May employment report came in well below expectations, according to the recently released Freddie Mac Primary Mortgage Market Survey ® (Mortgage Market Survey ® (PMMS ®).

The average 30 - year, fixed mortgage rate ramped back up above 4 percent this week after wandering below 4 percent last week, according to Freddie Mac's recently released Primary Mortgage Market Survey ® (mortgage rate ramped back up above 4 percent this week after wandering below 4 percent last week, according to Freddie Mac's recently released Primary Mortgage Market Survey ® (Mortgage Market Survey ® (PMMS ®).

Mortgage rates clawed back up after weeks on a downswing, with the 30 - year, fixed rate now averaging 3.91 percent, up from 3.89 percent, according to Freddie Mac's recently released Primary Mortgage Market Survey ® (PMMS ®).

Mortgage rates are retreating after two weeks of upward momentum, according to Freddie Mac's recently released Primary Mortgage Market Survey ® (PMMS ®).

For the first time this year, the average 30 - year, fixed mortgage rate has retreated, back to 4.44 percent this week after rising for nine straight weeks, according to Freddie Mac's recently released Primary Mortgage Market Survey ® (mortgage rate has retreated, back to 4.44 percent this week after rising for nine straight weeks, according to Freddie Mac's recently released Primary Mortgage Market Survey ® (Mortgage Market Survey ® (PMMS ®).

Mortgage rates dribbled down this week after a month of minimal movement, with the 30 - year fixed - rate mortgage averaging 4.1 percent, according to Freddie Mac's recently released Primary Mortgage Market Survey ® (Mortgage rates dribbled down this week after a month of minimal movement, with the 30 - year fixed - rate mortgage averaging 4.1 percent, according to Freddie Mac's recently released Primary Mortgage Market Survey ® (mortgage averaging 4.1 percent, according to Freddie Mac's recently released Primary Mortgage Market Survey ® (Mortgage Market Survey ® (PMMS ®).

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30 - year fixed mortgage rate in the U.S. dropped after nine consecutive weeks of increases in late MarMortgage Market Survey, the 30 - year fixed mortgage rate in the U.S. dropped after nine consecutive weeks of increases in late Marmortgage rate in the U.S. dropped after nine consecutive weeks of increases in late March 2018.

The $ 15,000 CityLIFT funds are actually a «soft second» mortgage which are then forgiven (free money) after the borrower has occupied the home for 5 years as their primary residence.

With the The Mortgage Forgiveness Debt Relief Act you may not have to pay any taxes on the forgiven amount shown on your 1099 after the short sale of your primary residence.

MCLEAN, VA --(Marketwired - Mar 23, 2017)- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing average mortgage rates dropping after two consecutive weeks of inMortgage Market Survey ® (PMMS ®), showing average mortgage rates dropping after two consecutive weeks of inmortgage rates dropping after two consecutive weeks of increases.

MCLEAN, VA --(Marketwired - Mar 15, 2018)- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30 - year fixed mortgage rate dropping after nine consecutive weeks of inMortgage Market Survey ® (PMMS ®), showing the 30 - year fixed mortgage rate dropping after nine consecutive weeks of inmortgage rate dropping after nine consecutive weeks of increases.

MCLEAN, VA --(Marketwired - Jul 20, 2017)- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing average mortgage rates dropping after two straight weeks of inMortgage Market Survey ® (PMMS ®), showing average mortgage rates dropping after two straight weeks of inmortgage rates dropping after two straight weeks of increases.

MCLEAN, VA --(Marketwired - Nov 2, 2017)- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing average mortgage rates holding steady after last week's bMortgage Market Survey ® (PMMS ®), showing average mortgage rates holding steady after last week's bmortgage rates holding steady after last week's big jump.

MCLEAN, VA --(Marketwired - Mar 22, 2018)- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing little change to mortgage rates after falling for the first time in 2018 laMortgage Market Survey ® (PMMS ®), showing little change to mortgage rates after falling for the first time in 2018 lamortgage rates after falling for the first time in 2018 last week.

MCLEAN, VA --(Marketwired - Nov 22, 2017)- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the average 30 - year fixed mortgage rate dropping slightly after last weekMortgage Market Survey ® (PMMS ®), showing the average 30 - year fixed mortgage rate dropping slightly after last weekmortgage rate dropping slightly after last week's jump.

Because reverse mortgages are meant to help seniors age in place, you must move into the new home within 60 days after closing, and the new home must become your primary residence.