Teresa G. Wilson

CHL Mortgages adds new LTV tranches

CHL Mortgages introduced a series of products in new loan-to-value (LTV) bands, reduced rates on existing agreements and 2-year fixed rate options for homeowners. Rates now start from 2.69% on lenders’ 5-year fixed rate buy-to-let (BTL) product line (up to 50% LTV) and from 2.85% up to 75 % LTV. …

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IRS Criminal Investigation Report Highlights Work of Pandemic Year

Over ten billion dollars. It is the amount of money identified by the IRS Criminal Investigations Department, sometimes referred to as CI, from tax evasion and financial crimes in the past fiscal year. That’s a jaw-dropping figure, almost as much (around 90%) as the IRS ‘entire budget for the fiscal …

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The smart way to lend money to family and friends

FFinancial experts will tell you to avoid borrowing money from family and friends. And for good reason. Even the healthiest, strongest relationships can give way to the financial problems it can cause. At the same time, in times of financial hardship, there might not be a better place to turn …

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Why a loan premium awaits multi-family borrowers

After two years of extraordinary liquidity, multi-family loans are on track for a record year that will offer multi-family investors and sponsors a full menu of competitive options. READ THE DIGEST “Much of the uncertainty that reigned in 2020 around the multi-family market, much of that fog, has lifted,” said …

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Analysis of FEMA Flood Insurance Reviews

Bad news for homeowners with a flood insurance policy – for the majority of homeowners in flood-prone areas, rates are more than likely to increase when policy renewal time arrives. As of October 1, 2021, the Federal Emergency Management Agency (FEMA) has moved to a new risk assessment system colloquially …

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Today in history – Le Journal

Today in history Today is Monday, December 6, the 340th day of 2021. There are 25 days left in the year. Today’s highlight in history: On December 6, 1865, the 13th Amendment to the U.S. Constitution, abolishing slavery, was ratified, with Georgia becoming the 27th state to approve it. To …

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3 key decisions that could make you richer in retirement

IAs you plan for retirement, you will be faced with a number of important decisions that can be difficult to make. But it is essential that you give them a lot of thought. These three choices, in particular, have the potential to improve your retirement. But if you botch them, …

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It might not be home building season, but builders are a fair game right now

Homebuilders are looking to close out a very strong year (or two), as the pandemic-inflated 2020 boom has resulted in record inventories and sky-high prices, even as constraints on land, labor and raw materials made it much more difficult to build up stocks. This is clear from the Housing and …

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