Sentences with phrase «loans originated prior»
HARP Government refinance program for upside - down properties for Freddie Mac loans originated prior to June 1, 2009.
https://www.foundationmortgage.com/
Fannie Mae DU Refi Plus HARP Government refinance program for upside - down properties for Fannie Mae loans originated prior to June 1, 2009.
Freddie Mac Refi Relief HARP Government refinance program for upside - down properties for Freddie Mac loans originated prior to June 1, 2009.
Not exact matches
Prior to joining Cerberus, Mr. McLeod managed the leveraged finance origination and execution activities at CIBC World Markets from 1998 to 2006, where he originated, structured and executed transactions involving high yield debt securities, leveraged loans, privately placed mezzanine securities and merchant banking investments.
For most student loans, the loan must have been originated prior to the servicemember's active duty start date.
To be eligible for HAMP your home loan must have originated prior to January 1, 2009, and have an unpaid balance that is equal to or less than $ 729,750 (for a single - family home).
NHRP - eligible loans include subprime, Pay - Option ARM and prime - quality two - year hybrid ARM loans originated by Countrywide on or prior to January 1, 2009, if the amount of principal owed exceeds the current property value by at least 20 percent and the loan is 60 days or more past due.
According to the Mortgage Bankers Association's National Delinquency Survey, over 20 percent of subprime ARMs were seriously delinquent in the fourth quarter of 2007, and over 14 percent of all subprime mortgages were seriously delinquent.2 Data available on privately securitized subprime loans also show that loans originated in 2005 or later have become seriously delinquent much more quickly than loans originated in prior years.
As such, Flagstar requires all third - party originators to complete its construction loan training course prior to originating any loans under the program.
In 2015, alternative lenders originated 68 percent more loans than the year prior, according to the Mortgage Bankers Association.
The bank said «the vast majority» loans under the FHA settlement were originated by Countrywide «prior to or soon after» its acquisition by BofA in January 2008.