Sentences with phrase «in under the mortgage»

But, I guess we want to be prepared in case the listing or the offers come in under the mortgage amount.

But, I guess we want to be prepared in case the listing or the offers come in under the mortgage amount.

Not exact matches

First National, Canada's largest non-bank mortgage lender, with $ 22 billion in loans each year, has seen its mortgages under administration almost double since 2010.

«Buyer interest stayed elevated in most areas thanks to mortgage rates under 4 % for most of the year and the creation of 1.7 million new jobs edging the job market closer to full employment,» said Lawrence Yun, NAR chief economist.

Under its previous leader, Ed DeMarco, Fannie and Freddie moved to raise the fees they charge to insure mortgages in an effort to encourage private mortgage guarantors to enter the market.

When various constituencies discuss how the market will look under the wide range of future potential housing finance paradigms, the MBS investor needs to be at the table, because we are the ones who will price out the MBS relative to competing opportunities in the market, which ultimately drives the pricing of primary mortgage rates.

[Mortgage servicers»] under - investment in servicing has led to a huge inventory of foreclosed properties and mounting litigation that is likely to cost them far more than any savings they achieved by cutting corners.

There's been pushback, for example, against a proposal that would allow banks of all sizes to count mortgages held in portfolio as «qualified» under CFPB's QM rule — a provision that community banks have been urging.

«If Congress passed this bill that the American Bankers Association wants, how many community bank mortgages would be eligible for QM that aren't currently eligible... and how does that stack up against the number of mortgages held by Well Fargo, Citibank, JPMorgan and the other giants that would become eligible under this change in the rules?»

Its mortgage business, debt collection practices and its hiring of the children of well - connected Chinese officials are all under fire in Washington.

Under the new changes, «small creditor» — now defined as institutions with less than $ 2 billion in assets originating fewer than 500 first - lien mortgages per calendar year — would now apply to a 2,000 - loan annual origination limit, effectively easing the path for more banks and credit unions to comply with the ability - to - repay rule.

And while there appeared to be some credit tightening in the months following implementation of QM, it seems some lenders have gradually become more comfortable with underwriting mortgages under the new framework.

Take, for instance the scenario of someone buying a house in 1986; the mortgage rate in 1986 obviously has an enormous impact on this ratio, but since the mortgage, under the assumptions outlined earlier, need to be renewed in 1991 and 1996, the mortgage rates in these two years of renewal will also play a role.

In 2013, FHA revised its mortgage insurance premium policy so that all new FHA mortgages with down payments under 10 % have to pay mortgage insurance premiums for the whole loan term.

Under the Trump regime, these counties in the most expensive parts of the country are net losers, especially after reducing mortgage interest deduction and state income tax deduction

In light of Mr. Oman's years of service to the Company and his significant contributions to the growth of the Company's mortgage business, we believed it was appropriate to enter into this arrangement in 1998 to address the impact on benefits payable to him under these plans caused by certain prior internal job changes and amendments made to these planIn light of Mr. Oman's years of service to the Company and his significant contributions to the growth of the Company's mortgage business, we believed it was appropriate to enter into this arrangement in 1998 to address the impact on benefits payable to him under these plans caused by certain prior internal job changes and amendments made to these planin 1998 to address the impact on benefits payable to him under these plans caused by certain prior internal job changes and amendments made to these plans.

My goal is to take advantage of cheaper heartland real estate with much higher net rental yields (8 % — 12 % vs. 2 % — 3.5 % in SF) and diversify away from expensive coastal city real estate which is now under pressure due to new tax policy which limits SALT deduction to $ 10,000 and new mortgage interest deduction on mortgages of $ 750,000 from $ 1,000,000 for 2018 and beyond.

Trustee practices are under the microscope in Justice Kapnick's courtroom because Bank of New York Mellon is the trustee overseeing all 530 Countrywide mortgage deals covered by the proposed $ 8.5 billion settlement.

In fact, many companies are making loans at higher costs than before the law passed under the Ohio Small Loan Act, Credit Service Organization Act, and Mortgage Loan Act.

«We saw total average deposit growth; loan growth in our residential mortgage, credit card and subscription finance portfolios; as well as higher assets under management in Wealth and Investment Management.»

Wells Fargo and JPMorgan Chase would pay $ 35.7 million for participating in a mortgage kickback scheme with a now - defunct Owings Mills - based title company under a federal consent order filed Thursday, the Consumer Financial Protection Bureau and...

Of the approximate 3 million HELOC accounts, 80 percent were held under readvanceable mortgages in 2016.

Step 2: U.S. Treasury quietly announces unlimited 3 - year support for Fannie Mae and Freddie Mac on December 24, 2009, indicating that it is acting under the authority of a 2008 law (HERA) that was originally written to insure a maximum of $ 300 billion in total mortgage principal (not losses, but principal).

12) To better secure each News Company's rights under this guarantee and Indemnity, each guarantor agrees to charge the interest they have either solely or jointly or as tenants in common in any real estate and personal assets, and each guarantor acknowledges a News Company's right pursuant to the security hereby given lodge a caveat on any real estate in which they have such as interest and each guarantor agrees to execute a mortgage in favour of any News Company upon request by a News Company and do or cause to be done all such things as are necessary to give effect to the security hereby given.

Both amendments are effective and will be applied prospectively by the company on January 1, 2010... Under these accounting standards, the company will record the underlying mortgage loans in these single - family PC trusts and some of its Structured Transactions on its balance sheet.

In Ottawa, a nervous government implemented new regulations for insured mortgages in an effort to slow down the Vancouver and Toronto markets — and came under fire from Realtors in places like Saskatoon, where the local real estate association says the new regulations have seriously hurt would - be home buyerIn Ottawa, a nervous government implemented new regulations for insured mortgages in an effort to slow down the Vancouver and Toronto markets — and came under fire from Realtors in places like Saskatoon, where the local real estate association says the new regulations have seriously hurt would - be home buyerin an effort to slow down the Vancouver and Toronto markets — and came under fire from Realtors in places like Saskatoon, where the local real estate association says the new regulations have seriously hurt would - be home buyerin places like Saskatoon, where the local real estate association says the new regulations have seriously hurt would - be home buyers.

According to the CBRE report, the limits placed on state and local tax (SALT) deductions and mortgage interest deductibility under the tax reform have impacted three markets in particular: New York, San Francisco and San Jose.

Qualifying for a mortgage under new rules coming in the new year might not be as hard as you think, sources say

PennyMac Loan Services, LLC became the 11th largest mortgage servicer in 2016 with over $ 171 billion under management.

Where full recourse rules apply across Canada, lenders are entitled to pursue mortgage shortfalls in civil court under normal lawsuit provisions.

Across the country, a growing number of single - family rentals provide an option for many who lost their homes in the housing crash through foreclosure and for those who can not obtain a mortgage under today's tougher credit conditions.

The U.S. government created the Federal National Mortgage Association (FNMA), commonly known as Fannie Mae or simply Fannie) in 1938 as part of the New Deal under President Franklin D. Roosevelt.

«The Office of Single Family Housing will endorse new loans under current multi-year appropriation authority in order to support the health and stability of the U.S. mortgage market,» according to a post on the federal Housing and Urban Affairs» website.

We reviewed and ranked dozens of mortgage lenders who specialize in financing home loans under the FHA's guidelines.

In 1993, the Conservative government introduced Rent to Mortgage: a scheme under which tenants unable to afford the full (discounted) price of their property could pay for just part of the home initially, sharing ownership with the local authority until the full price was paid.

And though he often inveighed against predatory lenders, organized mortgage fraud rings working inner city nabes in the Capital Region did so under his nose.

Under the proposed agreement, Cornerstone would pay $ 25,000 for the city - owned lot and could get a full tax abatement for eight years, in addition to sales and mortgage recording tax exemptions.

Tawil's company would save $ 1.7 million in property taxes over 10 years, $ 1.4 million in sales taxes on construction materials and $ 386,400 in mortgage recording tax under the deal he is seeking.

He also claimed Cuomo was acting Castro - like when, as President Bill Clinton's HUD secretary in the late»90s, he backed subsidized mortgages for thousands of unqualified individuals, «helping to drive the subprime mortgage market under, and the result was the Great Recession» of 2008.

Subsequently, another mortgage firm with ties to Eisner, Manhattan - based Guardhill Financial Corp., has granted mortgages to Percoco, Howe and John Regan, Howe's former lobbying partner in Washington during the 2000s, who would go on to join the Cuomo administration in an economic development job under Glaser in 2012.

Building societies have total assets of just under # 350 billion and, together with their subsidiaries, hold residential mortgages of # 245 billion, more than 20 % of the total outstanding in the UK.

Under QE, the Federal Reserve purchases 40 billion of mortgage - backed securities and 40 billion of long - term Treasury securities in the open market each month.

-- In assigning credit toward achievement under this section of the housing goals for mortgage purchase activities of the enterprises, the Director shall assign --

(ii) within such period as may be specified in the guarantee or related agreements, the Secretary shall pay to the holder of the guarantee, to the extent provided under subsection (a)(2), the unpaid interest on, and unpaid principal of the portion of guaranteed portion of the mortgage with respect to which the borrower has defaulted, unless the Secretary finds that there was no default by the borrower in the payment of interest or principal or that the default has been remedied.

-- The Secretary may not guarantee any eligible mortgage under this section unless the mortgagor has demonstrated, in accordance with such requirements as the Secretary shall establish, the amount of savings attributable to incorporation of the sustainable building elements to be financed with the green portion of the mortgage, as measured by the National Green Building Standard for all residential construction developed by the National Association of Home Builders and the U.S. Green Building Council, and approved by the American National Standards Institute, as updated and in effect at the time of such demonstration.

-- The Secretary shall establish a method to consider, in its underwriting standards for mortgages on single - family housing meeting the energy efficiency standards under section 284 (a) of the Green Resources for Energy Efficient Neighborhoods Act of 2009 that are insured under this Act, the impact that savings on utility costs has on the income of the mortgagor.

In theory, if the actuarial assumptions hold true going forward and no new benefits are enacted, the amortization costs will eventually disappear (after 30 years, under a typical funding schedule), in much the same way that a homeowner's monthly expenses decline when the mortgage gets paid ofIn theory, if the actuarial assumptions hold true going forward and no new benefits are enacted, the amortization costs will eventually disappear (after 30 years, under a typical funding schedule), in much the same way that a homeowner's monthly expenses decline when the mortgage gets paid ofin much the same way that a homeowner's monthly expenses decline when the mortgage gets paid off.

(e) The Secretary shall fix and collect premium charges for the insurance of mortgages under this section which shall be payable annually in advance by the mortgagee, either in cash or in debentures of the REHABILITATION Facilities Insurance Fund (established by subsection (h) of this section) issued at par plus accrued interest.

(c) The Secretary, in consultation with the Secretary of Housing and Urban Development, and subject to the provisions of section 306, is authorized to insure up to 100 per centum of any mortgage (including advances on such mortgage during construction) in accordance with the provisions of this section upon such terms and conditions as he may prescribe and make commitments for insurance for such mortgage prior to the date of its execution or disbursement thereon, except that no mortgage of any public agency shall be insured under this section if the interest from such mortgage is exempt from Federal taxation.

The principal of, and interest paid and to be paid on, debentures, which are the obligation of such fund, cash insurance payments, and adjustments, and expense incurred in the handling, management, renovation, and disposal of properties acquired, in connection with mortgages insured under this section, shall be charged to such fund.