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The department also has received a $151 million loan from the New Mexico Environment Department's Clean Water State Revolving Fund — with $90 million for the wastewater treatment plant ...
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify.
US new home sales highest in nearly 1-1/2 years in September Sales of new U.S. single-family homes increased to the highest level in nearly 1-1/2 years in September as buyers rushed in to take ...
A chattel loan, otherwise known as a chattel mortgage, is a form of secured property loan that applies only to movable assets. As with all loans in this category, the lender receives an interest ...
The Emergency Relief and Construction Act of 1932 approved slum clearance loans and new low-rent housing, yet New York City was the only place where development occurred under the act. In 1933, the act was replaced with the National Industrial Recovery Act which focused on slum clearance and home construction for low-income families and ...
Water Engineers for the Americas (WEFTA) is a 501(c)(3) nonprofit, founded in Santa Fe, New Mexico, in 2002. In rural populations around the world, approximately 15% of people do not have access to improved water systems, and between 30-50% have unimproved sanitation systems. [ 1 ]
Negative equity is a deficit of owner's equity, occurring when the value of an asset used to secure a loan is less than the outstanding balance on the loan. [1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being "underwater", and loans and borrowers with negative equity are said to be "upside down".
For example, let’s say that you have a $400,000 home loan with a 7 percent interest rate. If you want a lower rate, you could buy a mortgage point for $4,000 and knock your rate down to 6.75 ...