The special obligation bonds are payable by a PST and CST revenues (collectively, the dedicated revenues) on a subordinate lien
Fannie Mae on March 29 introduced HomeStyle Energy mortgages, a loan product that allows borrowers to finance energy-efficient upgrades when purchasing or refinancing a home and eliminates the need for a subordinate lien
, a home equity line of credit, a Property Assessed Clean Energy loan or an unsecured loan.
The data released Tuesday shows the disposition of loan applications, as well as whether a loan is subject to the Home Ownership and Equity Protection Act, and whether a loan is secured by a first or subordinate lien
or is unsecured.
Fitch Ratings assigns an 'A+' rating to the city of Houston, TX's $450 million airport system subordinate lien
revenue refunding bonds, series 2011A and 2011B, issued on behalf of Houston Airport.
The Board changed the Annual Percentage Rate (APR) spread in the final rule for first lien and subordinate lien
loans to 1.5 and 3.5 percentage points, respectively, above the "average prime offer rate" (APOR).
Additionally, Fitch has also affirmed the 'AA-' rating on the commission's approximately USD788.6m of outstanding senior lien revenue bonds and its 'A' rating on the commission's approximately USD827.6m outstanding subordinate lien
The 2002 revisions to Regulation C require lenders to collect and report data including loan pricing information (the rate spread between the annual percentage rate on the loan and the yield on Treasury securities of comparable maturity); whether the loan is subject to the Home Ownership and Equity Protection Act; whether manufactured housing is involved; whether the loan is secured by a first or subordinate lien
on the property; and certain information about requests for preapproval.
--$3.3 billion outstanding senior lien and subordinate lien
water revenue bonds and term bonds at 'AA+';
The new service allows mortgage servicers to identify a match between a first and a subordinate lien
and then transport this data from one servicer to another, which supports co-modification efforts for subordinate hens following a first-lien modification.
Fitch Ratings has assigned an underlying 'A+' rating to the city of Houston, Texas' USD395m airport system subordinate lien
revenue refunding bonds series 2007A (AMT) and series 2007B (non-AMT).