Mortgage rule changes in 2015

Posted on Dec 29, 2014 in FHA Information

High cost of population growth
The Australia Institute has estimated every extra 400, viagra pills 000 Australians require an additional 61 public primary schools, two public hospitals, 25 residential aged-care homes, and 145,000 homes. The argument from those such as Chris Richardson from …
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Bankers Brought Rating Agencies 'To Their Knees' On Tobacco Bonds
… destruction.” Now there is evidence the raters also may have succumbed to pressure from the bankers in another area: The sale of billions of dollars in bonds by states and municipalities looking to quickly cash in on the massive 1998 legal …
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7 myths millennials believe about mortgage lending
Prequalification refers to an estimate a mortgage banker provides based solely on a homebuyer's self-stated income to give an idea of how much home they can afford. Meanwhile, a pre-approval is a step up from a prequalification, where lenders pull …
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Mortgage rule changes in 2015
The debt reduced through mortgage modifications or short sales is considered gain or income by the IRS and therefore taxable, stomach creating a situation in which an individual would have a large tax liability without actually realizing the cash to pay it. In …
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Three Steps to Secure Your Refi
Refinancing your home can be a difficult task under any conditions, shop but with a low appraisal value, it is especially challenging. The recent housing crisis left many homeowners in this position – the overall drop in home values produced loan-to-value …
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Jackson loan officer indicted in large-scale mortgage fraud
DiValli was one of nine people arrested in January as part of an alleged long-term mortgage fraud scheme that cost the affected financial institutions $ 10 million in mortgages that wound up being defaulted on because the buyers couldn't afford them …
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FHA/HUD Offers 00 'Incentive' To Homeowners In HAMP
… to re-amortize the reduced mortgage balance, which will have the effect of lowering their monthly payment. As of today, approximately one million homeowners with HAMP modifications are eligible to earn the increased HAMP incentive, FHA/HUD reports.
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