Lastest Stated Income Home Loans News

Posted on Jan 13, 2016 in Stated Income Loans

53 NE Bend workforce townhomes due in 2017
It's certainly no secret that Bend has a dire need for more affordable workforce housing. … Daggett Townhomes will offer 10 two-bedroom units and 14 three-bedroom units on a 1.31-acre parcel for families at or below 60% of AMI (Area Median Income …
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Priority Income Fund Declares Bonus Distributions
Priority Income Fund was created to acquire and grow an investment portfolio primarily consisting of senior secured loans or pools of senior secured loans known as collateralized loan obligations (CLOs). Such loans will generally have floating … any …
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Tips for Qualifying for a Mortgage Today
On the con side is FHA's required mortgage insurance—an upfront fee of 1.75% of the FHA base loan, hospital plus an annual fee of 0.85% of the base amount. VA. Current or past members of the U.S. military can … no mortgage insurance or prepayment penalties …
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Why homeowners are leaving billions on the table
"If rates go up 50 basis points from where they are now, 2.1 million borrowers will fall out of the running; a 100-basis-point increase would eliminate another million, leaving only 2 million potential refinance candidates, the lowest population of …
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Current Mortgage Rates for Monday, December 14, 2015
It's been a while since I rapped at ya (h/t Jim Anchower), and in almost six weeks, very little of interest has happened from the perspective of mortgage rates. The last time I wrote one of these blogs, the Freddie Mac Primary Mortgage Market Survey …
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Borrowers pay the piper for lender misdeeds
Thousands of potential homebuyers are being rationed out of the homebuying market because of the misdeeds of lenders during the go-go years leading to the financial crisis. How did we get to this state of affairs?
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How Low Can This Market Go In 2016?
Finally, generic the third crack I mentioned was the increased issuance and rising default rates in subprime car loans. I also wrote an article very recently on how to use Capital One Financial (NYSE:COF) to hedge against the next credit crisis which I believe …
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A. Schulman Reports Fiscal 2016 First Quarter Results
On an adjusted basis, illness excluding certain financing, prescription restructuring and acquisitions-related costs, the Company generated net income of $ 0.50 per diluted share compared to $ 0.63 in the year-ago period. Europe, Middle … We remain focused on capturing our …
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