Sentences with phrase «diminished value of the mortgage»

All that said, the problems with Fannie and Freddie are not primarily accounting - driven, but are being driven by diminishing housing prices, which erodes their margin of safety on their lending and loan guarantees, and diminishes the value of the mortgage insurance that they rely on for some of their business.

First, with the cap on deductibility of state and local taxes and the diminished value of the mortgage interest deduction for expensive homes, it is likely that upper - end home prices won't increase as much as they would have had reform not passed.

Not exact matches

In Hoosick Falls, where several banks suspended property financing and declined to issue mortgages last year, the litigation represents a potential recovery for thousands of property owners who believe the values of their homes and businesses were diminished by the stigma caused by the pollution.

Mortgage life insurance is based on the value of the home, with a diminishing pay out over the term of the policy.