Sentence examples for residence loans from inspiring English sources

Under the new tax law, however, the cap has been reduced to $750,000 in qualified residence loans.

The taxpayer was able to provide Form 1098 for her primary residence loan showing the amount she had (accurately) claimed and her name, address and social security number.

Mortgages are considered less risky if they are written against primary residences; loans on second homes or investment properties are deemed to be more of a gamble.

"We have Los Pinos [the Mexican president's official residence] on loan for just six years," she told the magazine at the time.

But she does acknowledge that her name was on many of the financial documents, and that $9 million of the Credit Suisse loan paid off a loan on Porcupine Creek, the residence where she now lives.

Like other Democrats, Mr. Obama wants to empower bankruptcy judges to ease the terms of home loans on primary residences.

The banks putting together the deals typically provide some data, like borrowers' incomes and credit scores, as well as whether the loans backed primary residences or second homes.

So why aren't banks being asked to renegotiate the principal on some of these loans, especially primary residences?

Almost any kind of secured loan, including mortgages on rental properties and vacation homes, can be modified through bankruptcy under current law-except loans for primary residences.

It was displayed at Simon's residence until 1913, when Simon loaned the bust and other artifacts from the Amarna dig to the Berlin Museum.

There are other options proven to be more effective at keeping people in their homes, such as allowing judges to modify mortgage loans on primary residences through the bankruptcy process.