In the realm of mortgages backed by Fannie Mae and Freddie Mac, California tends to fall into two categories -- high-cost counties where eligible single-family home loans can't be higher than $625,500 (Los Angeles, Orange) or those with the standard limit of $417,000 limit (Riverside, San...
I just received notice from FHFA that overall, 2015 loan limits will remain the same for most counties except for a few counties with higher loan limits. In Washington state, the counties with higher loan limits in 2015 are King County, Snohomish County and Pierce County. 2015 Conforming Loan Limits for King, Snohomish and Pierce […]
``China's bad loans jumped by the most since 2005 in the third quarter, fueling concern that a cooling economy will be further weakened as banks limit lending to avoid credit risks.''
For Real Madrid this season, Asier Illarramendi 's role couldn't be more limited. In 11 appearances across all competitions, nine have come as a substitute. O f those nine, e ight have seen him play less than 30 minutes. Seven have seen...Show More Summary
Micah Richards seems to be enjoying his loan move to Fiorentina from Manchester City. The powerhouse full-back decided to make the temporary move to Tuscany in order to increase his game time, which had become increasingly limited at City. And despite the fact he’s featured just twice in the league for La Viola so far, […]
When HUD slashed FHA loan limits in 652 high-cost U.S. counties in January, suddenly many builders found their homes priced too high for the government-backed loan program, popular with borrowers who don’t have 20 percent to put down on a...
MARK CUBAN: Fix Higher Ed Bubble By Limiting Student Loans. Couldn’t have said it better myself.
Is an FHA loan still the best option for home buyers with a low down payment? Down payment is the most important concern for many first time home buyers with moderate incomes and limited savings. Finding a low-down payment mortgage loan with flexible requirements can be your gateway to homeownership. Show More Summary
``In its purchase of Covidien Plc, Medtronic is loaning some of its untaxed profits outside the U.S. to its new Irish parent company, and that transaction could be penalized by the new anti-hopscotch rule.''
A former employee of Salomon Brothers and Goldman Sachs, Sir Michael Hintze has founded CQS Cayman LP in 1999. The fund invests in a wide range of financial securities, including asset-backed securities, loans and equity. Hintze is famous for returning 179% on clients’ capital in the middle of the “Great Recession”, thanks to its bearish bet against the US mortgage […]
Divestment fully in line with ABB’s commitment to continuous portfolio optimization. ABB has divested five businesses with limited synergies in the
New York State prosecutors have indicted three executives for allegedly far exceeding the state's limits on interest rates on short-term loans, through so-called payday loans that are often poorly regulated, reports The New York Times. Show More Summary
States have usury laws to limit illegal lending from loan sharks and organized crime. Some states’ laws limit interest rates on loans so much that payday lending and other predatory financial products are effectively banned. New York...Show More Summary
New York prosecutors brought criminal charges against a dozen payday loan companies and their founder, Carey Vaughn Brown, accusing them of flouting the state’s limits on interest rates on loans.
Is an FHA loan still the best option for home buyers with a low down payment? Down payment is the most important concern for many first time home buyers with moderate incomes and limited savings. Finding a low-down payment mortgage loan...Show More Summary
Some struggling homeowners may soon have a shot at securing a type of mortgage relief that’s been off limits to them for years. The mortgage finance giant Freddie Mac has agreed to sell a chunk of its most troubled loans to an unnamed investor. That investor can now turn around and reduce the size of the […]
About the USDA Rural Housing Program (Section 502), including household income limits for 2014. Lookup table by county, plus mortgage rates. Click for the complete post : 2014 USDA Loan Income Limits – USDA Eligibility.
Suzy Khimm summarizes Obama’s executive action on student debt: Obama signed a memorandum on Monday that would allow more Americans to limit their student loan payments at 10 percent of their income. The action will expand on Obama’s “Pay as You Earn” program, which first launched in October 2011, making it available to those who took out student […]
A while back Chrysler loaned me a Dodge Dart Limited with the 2.0 liter Tigershark engine and six-speed automatic transmission for the purpose of writing a review. That’s how it works, they loan you the car, you write the review. A social contract, if you will. In this case, however, though I drove the car for […]
President Obama signed an executive order Monday limiting student debt payments to 10 percent of their income, telling an audience in the East Room of the White House that he and his wife only paid off their law school loans about ten years ago. "This is why I feel so strongly about this," the President said. Show More Summary