In the blogs: Less of a headache
Re-targeting PPP; how to charge more; this season’s challenges; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-less-of-a-headacheRead More
ILS maturing nicely, but education still needed: Mayer Brown, ILS NYC 2021
Overall, the insurance-linked securities (ILS) market is maturing in an attractive manner but as new sponsors and jurisdictions enter the fold, there’s a need for continued education, according to global law firm Mayer Brown. The legal work in the ILS world is significant and critical in driving innovation and ensuring everything is in order, the…Read More
Home buying with Chapter 13 bankruptcy: What are your options?
You can qualify for a mortgage with a Chapter 13 bankruptcy in your recent past. You could even buy a house while in Chapter 13 in some cases. Here’s how. Original Article Posted at : https://themortgagereports.com/23259/mortgage-approval-with-chapter-13-bankruptcyRead More
New PFIC regs active conduct test excludes ILS funds & structures
A new set of guidance on the treatment of passive foreign investment companies (PFICs) published at the end of last week by the U.S. Internal Revenue Service and Department of the Treasury has been modified so that the active conduct test excludes insurance-linked securities (ILS) funds, as well as other ILS and reinsurance securitization structures.…Read More
Forbearance to Foreclosure Conversion Danger
The danger of #mortgage #forbearances turning into #foreclosures is rising as #COVID-19 infections surge in the U.S. according to #Federal Reserve Bank of Atlanta and Federal Reserve Chairman Jerome Powell. Looking for help, visit https://www.wrongfullyforeclosed.com/Read More
Per ATTOM Data Solutions recent report by region, the mid-level forecast shows #foreclosure filings will increase about 80% in the South, rocketing more than three-fold in the West, and by more than double in the Northeast and Midwest. Get help now, visit https://www.wrongfullyforeclosed.com/Read More
FHA Now has Highest Delinquency
Federal Housing Administration mortgages — the affordable path to homeownership — now have the highest #delinquency rate in 4 decades. The share of late #FHA loans rose to 16% in the second quarter. #Conventional loans delinquent were 6.7%. need help https://www.wrongfullyforeclosed.com/Read More
Is Your Mortgage Protected From Foreclosure?
The #CARES Act put a moratorium on #foreclosing on federally-backed #mortgages, It doesn’t touch anything else. It doesn’t affect property owners associations; it doesn’t affect taxes. In short, #foreclosures for HOA fees and taxes can continue. https://www.wrongfullyforeclosed.com/Read More
What’s the Foreclosure Process?
Foreclosure is the process when your lender takes back your home due to missed payments. Obviously, you don’t want to end up in this situation, but it can happen to anyone. Q2 2020 hedge fund letters, conferences and more Understanding the foreclosure process is essential because there are several options you can take to get […]
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