Sentences with word «conservatorship»
Conservatorship is a legal arrangement where someone is appointed to take care of another person and make decisions for them. It usually happens when the person is unable to manage their own affairs due to factors like age, illness, or disability. The conservator's role is to protect and support the individual's well-being and manage their finances, healthcare, or other important matters. Full definition
In order to be eligible for State - funded adoption assistance a child must be a special needs child as defined above and under the managing conservatorship of the state of Texas (in state custody / under jurisdiction of the state).
childwelfare.gov
The pair of mortgage - finance giants, which were bailed out by the U.S. government and placed in conservatorship in 2008 during the height of the financial crisis, have historically boasted outsize influence on the single - family mortgage market, but Rosengren expressed concern that the duo's growing clout in the multifamily sector may pose a risks, as the government considers new structures for the entities, created in the wake of the Great Depression to help facilitate homeownership.
Courts favor joint managing conservatorship in which both parents remain actively involved in child rearing.
In May of this year we reported that the U.S. government is still quietly paying out billions of dollars to Wall Street banks for derivatives held by Fannie Mae and Freddie Mac, companies the government was forced to place into conservatorship because of their massive losses during the 2008 crisis.
In the wake of housing crisis, Fannie Mae and Freddie Mac were both placed under conservatorship of the Federal Housing Financing Corporation in 2008, in part to ensure solvency for the for - sale market.
You have the right to set the terms for conservatorship of your children as part of your divorce process in Texas.
The government sponsored enterprise (GSE), which has been under government conservatorship since 2008, announced that strategic defaulters «who walk - away and had the capacity to pay or did not complete a workout alternative in good faith will be ineligible for a new Fannie Mae - backed mortgage loan for a period of seven years from the date of foreclosure.
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However, joint possessory conservatorship or joint physical custody can be practically difficult.
Mortgage insurers covered more than $ 50 billion in claims since Fannie Mae and Freddie Mac entered conservatorship resulting in substantial savings to taxpayers,» said Sinks.
I rate the odds of conservatorship as less than 50/50 in 2008, and the next President / Congress may have a different opinion.
MIs covered more than $ 50 billion in claims to the GSEs since conservatorship, resulting in substantial savings to taxpayers.
A month before his death, Kasem's daughter Kerri argued for and won conservatorship over her ailing father in the face of his absence and dementia.
Circuit courts have jurisdiction over guardianship / conservatorship cases.
After they were put into federal conservatorship, Congress introduced a bill to eliminate them, which we opposed.
The Sydney guardianship and conservatorship lawyers fully embrace each case and are committed to representing their clients» best interests.
February 2015 (San Diego Superior Court, Honorable Linda Schall) Case: contested conservatorship proceeding Role: First Chair Verdict: Defense Verdict
We assist clients by guiding them through the Court - supervised guardianship and conservatorship process when the necessary estate planning documents are either insufficient or non-existent.
If the court rules on joint managing conservatorship at trial, the judge will designate this right to one parent, usually the one with whom the children will live the majority of the time.
Legal custody, called conservatorship in Texas, refers to the right to make important decisions involving the child, such as whether he receives medical care and religious education.
On the reform of Fannie Mae and Freddie Mac, for example, the Romney team says Obama has only come up with «noncommittal options» for what to do with the companies, even though four years have passed since the companies were put into conservatorship by the Federal Housing Finance Agency.
Yes, if we receive a notarized Power - of - Attorney for the Attorney - in - Fact or court order granting Conservatorship for the Conservator.
With a Joint Living Trust you and your spouse can avoid probate court, reduce or eliminate estate taxes and also avoid conservatorship proceedings.
Won in a contested Conservatorship proceeding representing the Conservatee's daughter against her mother.
Although not as active as several years ago, these government conservatorships continue to aggressively participate in senior housing, focusing on independent living and assisted living properties and passing on skilled nursing homes.
When making decisions about conservatorship, the judge may not discriminate on the basis of gender or marital status, according to the Texas Family Code.
At Abrams Probate & Planning Group, I have over 20 years of experience and I focus my practice on probate and estate planning, as well as related guardianship / conservatorship matters.
Trump officials have said they are working with lawmakers, and FHFA officials have said they wouldn't support releasing the companies from conservatorship without legislation even if Trump wanted to do that.
The lawmakers wrote that they didn't believe Fannie and Freddie should be released from conservatorship without further reforms.
It sunk another 40 % in after - hours trading amid reports the government is considering conservatorship as one option to save the company.
Insolvency of the issuer In the event the issuer approaches insolvency or becomes insolvent, the CD may be placed in regulatory conservatorship, with the FDIC typically appointed as the conservator.
The state has tried to improve its lowest - performing districts, but in the past six years Mississippi has underfunded schools by more than $ 1 billion and there is no extra money set aside to help conservatorship districts.
It finally became an urgent problem when Fannie Mae and Freddie Mac were placed into conservatorship on September 7, 2008.
The annual progress report on the Fannie Mae and Freddie Mac conservatorships reiterated the FHFA's projection that the agency will not set an implementation date for a new credit score model until after the launch of a new Single Security Initiative.
Choosing a joint trust can help simplify things and you can avoid conservatorship proceedings when you and your spouse share a trust.
The firm's Sydney guardianship and conservatorship attorney professionals will determine the most effective course of action to handle each case.
We also assist families in establishing conservatorships and guardianships.
Conservatorship involves what rights and duties a parent has, while visitation deals with the parenting time allowed with the children.
WASHINGTON (November 2, 2017)-- Nearly a decade after the federal government took control of Fannie Mae and Freddie Mac through conservatorship, little progress has been made in finalizing housing finance policy that can take the secondary mortgage market beyond the status quo.
The 2016 Conservatorship Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions calls for the Enterprises and CSS to implement the first use of the Common Securitization Platform (CSP) software in 2016 (Release 1), and to begin using the CSP to issue Single Securities in 2018 (Release 2).
«Yet, there are sizeable challenges and risks associated with the ongoing conservatorships of the enterprises.
The same outcome would have been possible with Lehman had the FDIC been granted authority from Congress to take conservatorship of a non-bank financial entity.
Wright said if JPS goes into transformation status, MDE will be more involved in the district than in previous conservatorships.
Any loan that meets the product feature requirements and is eligible for purchase, guarantee, or insurance by a GSE, FHA, VA, or USDA is QM regardless of the debt - to - income ratio (this QM category applies for GSE loans as long as the GSEs are in FHFA conservatorship and for federal agency loans until an agency issues its own QM rules, or January 10, 2021, whichever occurs first).
Here is a roundup of a number of recent events surrounding the opportunities for comprehensive reform of the housing finance industry following the 2016 election, the health of the Federal Housing Administration's (FHA) Mutual Mortgage Insurance Fund, and the future of Fannie Mae and Freddie Mac (GSEs) after conservatorship.
Eric Semel files for temporary conservatorship, says Jane Semel has acted against his father's wishes in moving him to a care home
Districts in conservatorship find it difficult to attract teachers and principals, he said.
To give you an idea of what that means in real dollars, the private MI industry has paid more than $ 50 billion in claims for losses to the GSEs since they entered conservatorship during the 2008 financial crisis