Browsing Tag:tightens

fha-tightens-sure-eligibility-standards-for-mortgage-lenders
The Federal Housing Administration has added items to its list of "unacceptable assets" that cannot be included in the calculations used to determine eligibility for mortgage companies.Items for offsetting future expenses such as deferred taxes or prepaid expenses are added to this capital-forming list. In addition, there were real estate and other buildings used as home offices, which...
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qatar-petroleum-tightens-steering-as-orders-high-26-bln-for-jumbo-bond-deal
DUBAI, June 30 (Reuters) - Qatar Petroleum tightened its price guidance on its four-tranche bond deal by 25 basis points each after combined orders exceeded $ 26 billion, a document showed on Wednesday.It tightened the guidance to around 55 basis points above US Treasuries (UST) for a five-year part, around 95 basis points above UST for 10-year bonds, around...
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jpmorgan-chase-tightens-requirements-for-jumbo-loans-in-manhattan
JPMorgan Chase Bloomberg reported Friday that jumbo loan terms for Manhattan cooperatives and condominiums were tightened due to declining buyer demand. Chase announced that starting this week, jumbo loans would be capped at 70% of the selling price. The new standards apply to loans greater than $ 765,600 that are not guaranteed by Fannie Mae and Freddie...
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