Blame Real-Estate Lending. Then Rein It In.

Posted on Nov 30, 2015 in Stated Income Loans

Barclays: FHA mortgage insurance premiums likely cut, information pills medications again
Others, page including David Stevens, approved the president and CEO of the Mortgage Bankers Association, said that now isn't the time for another rate cut, telling HousingWire that it would be better to wait until the MMI Fund builds up even more capital. In a new …
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CAIVRS database will lock you out of FHA mortgage
If you've failed to make good on money you've previously borrowed from the government but want a Federal Housing Administration (FHA) mortgage, a little-known federal database could halt your dreams of homeownership. It's known as the Credit Alert …
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Lackluster Home Building Hurts First-Time Buyers
Because there are other measurements of first-time buyers, treatment it is worth briefly noting that this stated first-time figure is out of all buyers purchasing only a primary home and therefore excludes investors and vacation home buyers. Also the government …
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US Unveils Rules to Make Corporate Inversions More Difficult
House Speaker Paul Ryan (R., Wis.) has tried … For example, an inverted company with a tax address in Ireland loans money to its U.S. subsidiary from the new parent company, reaping deductions at the 35% U.S. rate and income at the 12.5% Irish tax rate.
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Capstead Mortgage Corporation Short Interest Update
Capstead Mortgage Corporation (NYSE:CMO) stated loss of 328,320 shares or 12.8% in the short interest. The short … Capstead earns income from investing in a leveraged portfolio of residential mortgage pass-through securities consisting exclusive …
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Stocks to Watch: Regions Financial Corp (NYSE:RF), Wells Fargo & Co (NYSE:WFC
… savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential …
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Real estate slang made easy
EEM: Energy Efficient Mortgage. This is a great add-on to a home loan. The program allows borrowers to finance up to 100 percent of eligible expenses for energy-efficient upgrades to the home, about it i.e. dual-pane windows, medicine heating and air, solar in some …
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FHA Reluctant to Further Cut Premiums, Despite Boost to Fund
The agency announced Monday that the mutual mortgage insurance fund's ratio of reserves to guaranteed loans had skyrocketed to 2.07%, marking the first time since the financial crisis it was above its statutory minimum. The dramatic reversal from a …
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Friday Financial Five – November 20th, 2015
The Home Affordable Refinance Program (HARP), a product of the financial crisis, continues to exist at least through the end of next year. While the … Borrowers need to be current on their mortgage and have a Fannie Mae or Freddie Mac loan. The loan …
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Blame Real-Estate Lending. Then Rein It In.
Even if debt contracts and leverage were entirely absent, approved economies with higher wealth-to-income ratios would be less stable because consumption and investment are highly sensitive to fluctuations in asset prices. And high … They also include …
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A More Ambitious Agenda Needed to Combat Greek Debt
This is because, site in spite of deep fiscal deficits, public investments and a surge in domestic house and equity prices increased the value of government assets faster than its debt. Then, although net public wealth initially rose due to the sharp …
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Fitch Downgrades Mack-Cali's Ratings to Speculative Grade; Outlook Stable
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded the Issuer Default Rating (IDR) for Mack-Cali Realty Corporation (NYSE: CLI) and its operating partnership Mack-Cali Realty, L.P. (collectively, Mack-Cali) to 'BB+' from 'BBB-'. A full list of …
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