Sentences with phrase «financial obligations of a mortgage»

Not exact matches

Back in 2010 it paid $ 550 million to settle charges brought by the Securities and Exchange Commission that it mislead investors into buying a so - called synthetic collateralized debt obligation named Abacus, which was made up of a bundle of financial instruments tied to subprime mortgage bonds, many of which plummeted in value shortly after the deal was sold.

Economic factors like consumer confidence, financial obligations, and delinquencies are all improving and the consumer may be more insulated than investors think from a back - up in yields, given 75 % of their financial obligations are in the form of a mortgage, close to 90 % of all mortgages are 30 - year fixed, and the average mortgage is termed out at the lowest rate ever... Taking these factors into account, we generally think it pays to remain sanguine.»

The Obama Administration's Wall Street managers have kept the debt overhead in place — toxic mortgage debt, junk bonds, and most seriously, the novel web of collateralized debt obligations (CDO), credit default swaps (almost monopolized by A.I.G.) and kindred financial derivatives of a basically mathematical character that have developed in the 1990s and early 2000s.

In general, term life insurance is primarily used to replace your income and cover financial obligations that have a fixed length of time associated with them, such as a mortgage, student loans, or replacing your income while you're earning money.

The fraud issue lies as far outside the scope of the financial committee meetings as does the question of how the economy should cope with its unpayably high mortgage, state and local debts in the face of its inadequately funded pension obligations.

There are few signs that the household sector is having difficulty meeting its financial obligations, with personal bankruptcies at relatively low levels and the share of households that have fallen behind in their mortgage repayments at around historical lows.

Oh, and BTW, when refinancing one's home, one doesn't get the luxury of forgoing their current financial obligations toward their previous mortgage.

Examples include one sleeping upstairs, the other downstairs; agreeing on a schedule of time with the kids; agreeing to separate financial obligations other than those that impact the family (mortgage, insurance payments, etc.); agreeing that in their free time, they can go anywhere, see anyone and do anything they wish; that each can have another relationship but that no one is introduced to the kids without prior permission.

Government regulatory agencies completely dropped the ball while overseeing the surge of several dangerous financial instruments, especially sub-prime mortgages, collateralized debt obligations (CDOs), and credit default swaps (CDSs).

Financial information: rent / mortgage amount, other debt obligations, credit score, recent credit history, value of assets, bank statements.

Until we observe large - scale restructuring of mortgage debt and the debt obligations of major financial institutions, we will be applying trillion dollar band - aids while the underlying cancer metastasizes.

The mortgage payment should always be the first thing paid each month regardless of any other existing debt or financial obligations.

A reverse mortgage is one of the very few financial tools that allows senior homeowners to access a portion of their home equity to pay off their existing mortgage and eliminate their monthly mortgage payment for as long as they live in the home and continue to meet the loan obligations.1

The good news is, if this is the case for you, then your reverse mortgage lender can arrange to set aside some of your loan proceeds to pay these recurring expenses so you can still get the loan and meet your financial obligations.

You might not be able to contribute that much right away because of mortgage payments or other financial obligations.

Mortgage lenders require borrower escrow accounts in order to minimize the risk that you fall short of your financial obligations as a homeowner.

Private lenders seek out individuals who couldn't meet the banks» criteria to offer them ideal mortgages that will help in the actualization of different financial obligations.

It might seem a contradiction that someone deemed by the law to be incapable of meeting their financial obligations could possibly qualify for such a huge debt as a mortgage.

A member in «Good Standing» is defined as: — No SFFCU obligations (e.g., mortgage, loan, line of credit, credit card, etc.) currently past due more than 15 days — No charge - offs of any Signal Financial FCU obligation — No shares with a negative balance — No «Repeated NSF» warning flag — No more than 1 NSF in most recent 90 - days Contact a representative at 301-933-9100 ext. 105 for more information.

In general, term life insurance is primarily used to replace your income and cover financial obligations that have a fixed length of time associated with them, such as a mortgage, student loans, or replacing your income while you're earning money.

Although the reverse mortgage loan is a powerful financial tool that taps into your home equity while deferring repayment for a period of time, your obligations as a homeowner do not end at loan closing.

But as Lenore Davis, a registered financial planner with Dixon, Davis & Co. in Victoria, points out, «your mortgage is probably the largest financial obligation you will ever have and payments come out of after - tax dollars, so it's very expensive debt.»

Brendan Moynihan, the author of Financial Origami describes how Wall Street transformed ordinary obligations such as mortgages in things that seemed different, but weren't different.

The financial institution offers home equity lines of credit to qualified borrowers based on their credit history, income, debt obligations, and the appraised value of the home compared to the outstanding mortgage balance.

A member in «Good Standing» is defined as: — No SFFCU obligations (e.g., mortgage, loan, line of credit, credit card, etc.) currently past due more than 15 days — No collections or charge - offs of any Signal Financial FCU obligation — No shares with a negative balance at the time of upgrade Visit www.signalfinancialfcu.org or contact a representative at 301-933-9100 ext. 105 for more information.

Amount of monthly mortgage or rent payment (For mortgages, see Financial Obligations below for other required information.)

Some people crave the security of owning their home free and clear, but putting your mortgage ahead of other financial obligations is almost always a bad idea.

A pre-approval letter is the real deal, a statement from a lender that you qualify for a specific mortgage amount based on an underwriter's review of all of your financial information: credit report, pay stubs, bank statement, salary, assets, and obligations.

Some of these factors are financial in respect to income, debt, mortgage qualification and other financial obligations.

You must complete a required counseling session to ensure you understand the terms and obligations of a reverse mortgage, and you'll complete a financial assessment to ensure you're able to continue making payments for property taxes, homeowner's insurance and maintaining your home.

There is no question that a mortgage on a home is usually one of the largest financial obligations that you will have in your life.

Any late mortgage payments within the past 36 months on the existing USDA loan, with emphasis on the most recent 12 month period, must be analyzed and addressed by the lender to determine if any late payments were a disregard for financial obligations, an inability to manage debt, or factors beyond the control of the borrower when considering the underwriting decision.

Since 1991, the report said the total financial obligations of households has broken down, on average, in the following way: mortgage debt has represented 63 per cent of all debt, consumer credit 29 per cent and other loans eight per cent.

the ease or difficulty with which existing mortgage payments have been made, in the context of the borrowers» overall household budget and other financial obligations;

Our Mortgage Consultants are experts and know the ins and outs of mortgage refinancing and structuring of financial obliMortgage Consultants are experts and know the ins and outs of mortgage refinancing and structuring of financial oblimortgage refinancing and structuring of financial obligations.

Income - based payment plans are best for those who are really struggling to balance their student loan payments with the rest of their financial obligations (rent, utilities, mortgage, etc.).

With any mortgage loan, lenders must ensure that borrowers have the resources to afford the financial obligations of the loan.

With reverse mortgages, if it is determined from the documentation that a qualifying borrower does not have the capacity to cover the financial responsibilities of the loan, they are required to set aside part of their loan funds to cover these obligations, but they are not automatically denied the reverse mortgage loan.

MBIA Corp. issues financial guarantees for municipal bonds, asset - backed and mortgage - backed securities, investor - owned utility bonds, bonds backed by publicly or privately funded public - purpose projects, bonds issued by sovereign and sub-sovereign entities, obligations collateralized by diverse pools of corporate loans and pools of corporate and asset - backed bonds, and bonds backed by other revenue sources such as corporate franchise revenues, both in the new issue and secondary markets.

MBIA Corp. issues financial guarantees for municipal bonds, asset - backed and mortgage - backed securities, investor - owned utility bonds, bonds backed by publicly or privately funded public purpose projects, bonds issued by sovereign and sub-sovereign entities, obligations collateralized by diverse pools of corporate loans and pools of corporate and asset - backed bonds, both in the new issue and secondary markets.

This time the federal agency responsible for cleaning up the financial system will have to buy residential mortgage backed securities, collateralized debt obligations, and all manner of sliced, diced and repackaged paper.

MBIA issues financial guarantees for municipal bonds, asset - backed and mortgage - backed securities, investor - owned utility bonds, bonds backed by publicly or privately funded public - purpose projects, bonds issued by sovereign and sub-sovereign entities, obligations collateralized by diverse pools of corporate loans and pools of corporate and asset - backed bonds, and bonds backed by other revenue sources such as corporate franchise revenues, both in the new issue and secondary markets.

Term life insurance is primarily used to replace your income and cover financial obligations that have a fixed length of time associated with them, such as a mortgage, student loans, or replacing your income while you're earning money.

Mortgage lenders view a lower monthly payment as a good thing for borrowers because it means they are less likely to get in over their head when a mortgage payment is added to the list of financial obliMortgage lenders view a lower monthly payment as a good thing for borrowers because it means they are less likely to get in over their head when a mortgage payment is added to the list of financial oblimortgage payment is added to the list of financial obligations.

This is the initial step of the low mortgage rate approval process wherein your mortgage broker takes a look at your overall earnings and financial obligation.

The changes included limitations on the amounts that can be drawn in the first year, the option to receive a smaller one - time single lump sum disbursement, as well as changes to the mortgage insurance premium, the principal limit factor tables, and requiring a financial assessment of borrowers» ability to pay future property taxes and insurance obligations.

Term life can be a prudent option for anyone just starting to face financial obligations like paying a mortgage, student loans, and meeting the many needs of growing kids.

Buying a car can be expensive, and having a car loan can be a pretty steep financial burden, particularly on top of student loans, a mortgage or rent and other obligations.

Other areas of expertise sought are: administration of estates; property ownership / mortgage insurance; welfare benefits; family / child custody; death in service / pension; and financial obligations / debt.

However, this does not necessarily mean that the spouse moving out of the marital home will be free from any financial obligation towards the marital home, especially if there is a mortgage in joint names and / or other expenses for the marital home.