Sentences with phrase «prohibits guarantee fees»

Not exact matches

The new program would (i) have no loan - to - value limits, (ii) require an interest rate no more than 40 basis points higher than the prime rate, (iii) waive prepayment penalties, (iv) limit the term to 40 years, and (v) prohibit any additional fees beyond the standard guarantee fee for refinancing a mortgage.

They are also advocating for responsible reform of the secondary mortgage market, as well as for improving consumer protections for energy efficiency improvement (PACE) loans and prohibiting the use of mortgage guarantee fees for purposes other than risk management.

Additionally, Realtors ® are seeking to protect sustainable homeownership by advocating for responsible reform of the secondary mortgage market, prohibiting the use of mortgage guarantee fees for any purposes other than credit - risk management and improving consumer protections for energy efficiency improvement loans.

NVAR and NAR strongly oppose the use of guarantee fees for any use other than intended purpose and the associations will work to prohibit G - fees from being extended, increased and diverted for unrelated government spending.