Sentence examples for rules for borrowers from inspiring English sources

The basic notion is to ease refinancing rules for borrowers who are current in their payments but can't qualify for new lower-rate loans because their home values have declined.

To help these mortgage prisoners, the FSA has suggested that a new or existing lender can waive the rules for borrowers, who demonstrate a good payment history and do not want to increase the loan, to be able to shift onto a new deal.

What the New Mortgage Rules Mean for Borrowers.

The agency has been working to improve its finances by tightening underwriting standards even as it continues to try to assist the housing market by insuring mortgages with down-payments as low as 3.5% and easing rules for foreclosed borrowers.

That reduces interest rates for borrowers, too.

Changes proposed by the Obama administration to limit the role of the federal government in the mortgage market could further alter the rules of the road, for borrowers and lenders alike.

The pick-up in lending follows a slowdown in the wake of the mortgage market review in April, which brought in new rules on affordability tests for borrowers and forced lenders to "stress test" applicants to ensure that they could still meet repayments if interest rates rise.

In fact, a "special rule" for home mortgages allows lenders to prevent normal bankruptcy relief for borrowers.

As the AARP and other advocates have pointed out, the proposal is at odds with both the 2008 law and this year's Dodd-Frank reform law, which requires the new Consumer Financial Protection Bureau to study and update the rules for protecting reverse-mortgage borrowers.

Another solution would be for Fannie and Freddie to ease the rule for refinancing underwater mortgages for borrowers who are current in their payments.

Bank of Scotland and Halifax also blamed the introduction of new rules earlier this year that make it tougher for borrowers to take out a mortgage.