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7 April 2009 | 2 replies
For purposes of this Act, the following definitions shall apply:(1) FINANCIAL INSTITUTION.—The term ‘‘financial institutions’’ means any institution including, but not limited to, banks, savings associations, credit unions, broker-dealers, and insurance companies organized and regulated under the laws of the United States or any State, territory, or possessionof the United States, the District of Columbia, Commonwealth of Puerto Rico, Commonwealth of Northern Marianas Islands, Guam, American Samoa, or the United States Virgin Islands, and having significant operations in the United States, but excluding any central bank of, or institution owned by, a foreign government.(2) SECRETARY.The term ‘‘Secretary’’ means the Secretary of the Treasury.(3) TROUBLED ASSETS.The term ‘‘troubled assets’’ means residential or commercial mortgagesand any securities, obligations, or other instruments that are based on or related to such mortgages, thatin each case was originated or issued on or before September 17, 2008, the purchase of which the Secretary determines promotes financial market stability; and, upon the determination of the Secretary in consultation with the Chairman of the Board of Governors of the Federal Reserve, any other financial instrument, the purchase of which the Secretary determines necessary to promote financial marketstability.
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9 December 2010 | 52 replies
Now my lender (I'm in WA state) that I've used for all of them is denying them because they are saying PMI has a 90 day seasoning rule, but they can still underwrite the Fannie/Freddie loans.To me this doesn't make a lot of sense, because I thought Fannie/Freddie provided their own PMI on the loans they were doing.Anyone run into this?
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14 April 2009 | 0 replies
I've been hearing mixed answers on this one - can you get a property under a basic assingnment contract, with the words "and/or assigns?" I've heard some people saying it's fine as long as you aren't screwing anybody...
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13 May 2009 | 5 replies
sorry im responding to this post so late but i've read this but and i like it alot ,i also like the fact that he basically came from nothing he first started getting big breaks and connects in the re industry as a page then with marion berry the former washington dc mayor he eventually went to miami and made big deals there as well ,battled it out with nick pritzker i think it sorry if misspelled his name,also battle it out with trammel crow in san francisco ,i've actually been trying to get in contact with him,rodney im just like you as well the big deals enamor me alot but you also have to look at how they got their basically peeble got their by political alliances trump with his dad industry connects,you should also read books by trammel crow,kirk kerkorian but it will be expensive,how to build a real estate empire by marcel arsenault i think it is not sure bout his last name man
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22 April 2009 | 0 replies
I am going to be taking the test to become a licensed agent in Washington state here soon (4 clock hours left).I was wondering if anyone had good suggestions on books that I could use to study for the exam.
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24 April 2009 | 0 replies
So what do you guys hear or think about Jeff Kaller, DC Fawcett
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26 April 2009 | 8 replies
You cannot claim the credit if any of the following apply.Your modified adjusted gross income is $95,000 or more ($170,000 or more if married filing jointly).You are, or were, eligible to claim the District of Columbia first-time homebuyer credit for any taxable year.
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21 December 2017 | 21 replies
He looked at me w/ a blank face so I told him it would be a "Lonnie deal" since he has been in the business 10+ years surely he would know the term.
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18 May 2009 | 1 reply
Hi, I am looking to network with real estate professionals and investors in the DC Metropolitan area (DC - Virginia - Maryland).
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18 May 2009 | 1 reply
Does anyone know a good RE lawyer in DC in helping me to evict a tenant.