Posts Tagged “Inclusion”

News Sources wrote an interesting post today on
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From the WH Press Office… HUD NEWS U.S. Department of Housing and Urban Development - Shaun Donovan, Secretary Office of Public Affairs, Washington, DC 20410 HUD No. 09-206 FOR RELEASE Brian Sullivan Wednesday (202) 708-0685 October 21, 2009 http://www.hud.gov/news/index.cfm OBAMA ADMINISTRATION TO ENSURE INCLUSION O

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News Sources wrote an interesting post today on
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The Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervison’s (OTS) Mortgage Metric Report for the second quarter of 2009 has been released (rather quietly might we add), and while many aspects of the report were widely expected, there was one new inclusion that particularly caught our attention. In early September we warned that the pending resets of interest-only adjustable-rate mortages (ARMs) posed a significant threat to the long-term recovery of the hous

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News Sources wrote an interesting post today on
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When I am advising a client as to the best way to price their loan we usually look at three options. The most popular option is a mortgage loan with “no points”. This means there is no broker origination fee. The second most popular option is to price the loan with the lowest interest rate by “buying the rate down” by paying a point. This means inclusion of 1% of loan amount fee.

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News Sources wrote an interesting post today on
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RISMEDIA, August 11, 2009-If you serve the corporate relocation market you may be aware of yet another challenge this population faces. Because of changes announced in June by Fannie Mae (FNMA), the largest mortgage purchaser in the country, transferring families’ purchasing power could be significantly impacted. FNMA’s June 8th Announcement cites it will now disallow inclusion of secondary wage earner’s projected income in loan qualifying income ratios. Fannie Mae has in the past allowed “tr

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News Sources wrote an interesting post today on
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After the 2002 crisis that wiped out USD 200 million in savings in Haiti , the Haitian government passed legislation to address and increase oversight of s avings and loans cooperatives. However, as discussed by the Center for Financial Inclusion’s (CFI) Summary of Client Protection in Haiti , there are no regulations that address the microfinance sector. There has been pending legislation in Parliament for the past two years that would i

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