qualified mortgage

  • 61interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …

    Law dictionary

  • 62liar loan — n. A loan or mortgage provided without requiring documentation from the borrower. Example Citations: Last year almost forty per cent of subprime borrowers were able to get liar loans mortgages that borrowers can get simply by stating their income …

    New words

  • 63Low-Income Housing Tax Credit — The Low Income Housing Tax Credit (LIHTC; often pronounced lye tech ) is a tax credit created under the Tax Reform Act of 1986 (TRA86) that gives incentives for the utilization of private equity in the development of affordable housing aimed at… …

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  • 64Land Registration Act 2002 — Infobox UK Legislation short title=Land Registration Act 2002 parliament=United Kingdom Parliament long title=An Act to make provision about land registration; and for connected purposes. statute book chapter=2002 c. 9 introduced by=Lord… …

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  • 65Samsung World Championship — Tournament information Location La Jolla, California Established 1980 Course(s) Torrey Pines, South Course Tour(s) …

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  • 66First American Corporation — First American Financial Corporation Type Public (NYSE: FAF) Founded Orange County …

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  • 67REMIC — REM·IC / re mik/ n [r eal e state m ortgage i nvestment c onduit]: an entity (as a corporation, partnership, or trust) that functions as a vehicle for investment in mortgage obligations and esp. collateralized mortgage obligations and receives… …

    Law dictionary

  • 68repurchase agreement — Under Title 11 U.S.C. Section 101: (47) The term repurchase agreement (which definition also applies to a reverse repurchase agreement) (A) means (i) an agreement, including related terms, which provides for the transfer of one or more… …

    Glossary of Bankruptcy

  • 69Real estate appraisal — Real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its Market Value. The need for appraisals arises from the heterogeneous nature of property as an… …

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  • 70Irish property bubble of 2000s — Current situation Newspaper articles have provided anecdotal evidence of declining valuations with respect to the guide prices, and the agreed prices for Irish Residential property, since October 2006. This phenomenon was officially vindicated by …

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