Sentence examples for mortgage guidelines from inspiring English sources

Despite an increase in activity since the first of the year, he said, many sales are hindered by tougher mortgage guidelines.

A two- to four-unit residence can usually be financed under Fannie Mae's conventional mortgage guidelines, but if the owner does not plan to live there, he or she can expect to pay a higher mortgage rate.

Last year, Mr. Kelsey gave a presentation warning that since intensive drilling is relatively new in New York and Pennsylvania, there is a lack of historical data about how drilling affects property values, which in turn raises questions about whether appraisals will meet mortgage guidelines.

In an hour-and-a-half debate on an economy still shell-shocked by the housing crisis, Republican presidential nominee Mitt Romney's sole critique of President Barack Obama's policy was that regulators are taking too long to write new mortgage guidelines, and that this is holding back a full recovery of the market.

"Our mortgage purchase guidelines are national in scope".

The changes, outlined in a copy of mortgage industry guidelines, are aimed at clarifying the mortgage assistance process for borrowers and the industry alike.

Economists have predicted that tougher mortgage application guidelines introduced last month could stem housing market activity in the short term but that prices will continue to rise strongly.

In the case of the recent economic recession, the government stepped in by extending unemployment insurance, providing COBRA subsidies and promoting mortgage refinancing guidelines, among many other programs.

(Under the CFPB proposal, and the mortgage settlement guidelines, servicers are required to continue making payments on an existing policy, but only in those in instances where the homeowner has a funded insurance escrow account).

Mortgages, Sponsors and Condominiums Q I have heard that if a co-op has a high percentage of sponsor-owned apartments, that could limit the shareholder's ability to qualify for a mortgage under Fannie Mae guidelines.

Fannie Mae, the largest buyer of mortgages, instituted the guidelines in part to root out a type of mortgage fraud known as "shotgunning," in which borrowers take out multiple loans on one or more properties, unbeknownst to the lenders.