Analyst: Zero Down-Payment Bill Could Spur More Single-Family Bonds
- Fighting the 10-Year Rule. Kinnander, Ola; Vadum, Matthew // Bond Buyer;06/29/2000, Vol. 332 Issue 30923, p1
Reports on the impact of the ten-year prepayment rule in the United States on the ability of housing agencies to issue mortgage revenue refunding bonds. Total refunding capacities expected to be lost by 2002; Provision of the prepayment rule; Legislation in 1998 to increase states' bond caps.
- Hawaii lawmakers want cap increased for tax-free mortgage revenue bonds. Figler, Andrea // Bond Buyer;05/20/99, Vol. 328 Issue 30645, p39
Discloses the plan of Hawaii's lawmakers to raise the state's cap on mortgage revenue bonds in an effort to meet growing demand for single-family housing in 1999. Terms of the bill approved by legislators concerning the Hula Mae single-family housing program; Requirements set for all debt...
- Bill Seeks to Help More Families Enjoy Mortgage Programs. Kinnander, Ola // Bond Buyer;06/14/2000, Vol. 332 Issue 30912, p5
Reports on a bill that will help more families enjoy mortgage revenue bond programs in the United States. Qualifications for a low-interest, tax-exempt revenue bond financed mortgage based on household income; Provisions of the bill.
- Repeal of '10-Year Rule' Could Unleash SF MRB Volume. Vadum, Matthew // Bond Buyer;05/24/2001, Vol. 336 Issue 31146, p5
Reports on a legislation to repeal the so-called 10-year rule that could significantly boost single family mortgage revenue bond issuance. Provisions of the Housing Bond and Credit Modernization and Fairness Act.
- Sponsor proposes new limits on disaster mortgage bonds to avoid misuse. Stanton, Michael // Bond Buyer;11/13/97, Vol. 322 Issue 30272, p6
Focuses on the legislation introduced in Congress by Representative Jim Ramstad in early November 1997 to rework limits on disaster mortgage revenue bonds (MRBs) and reinstate restrictions to ensure it does not open an unintended loophole. Clarifications proposed to the mortgage subsidy; Terms...
- Housing group weighs solutions to '10-year rule' problem. Meisler, Daniel // Bond Buyer;05/20/99, Vol. 328 Issue 30645, p7
Highlights discussions during the National Council of State Housing Agencies' 1999 spring workshop, on the federal prohibition on recycling prepayments of single-family mortgages into loans ten years after. Possible solutions considered for the `ten-year rule' in the United States; Costs of the...
- Peru Could Be Next Covered Bond Platform. F. O. // Asset Securitization Report;May2010, Vol. 10 Issue 5, p30
The article discusses the possibility for Peru to develop mortgage covered bonds. It emphasizes that the legislation for the enforcement of the bond has been passed to the Peruvian congress which proposes the authorization to issue covered bonds in foreign currency and soles. According to...
- Fannie-Freddie Elimination Model Seen With Apartments. // National Mortgage News;4/28/2014, Vol. 38 Issue 17, p2
The article reports on the proposed legislation to create a government-backed reinsurer of mortgage bonds similar to the Federal National Mortgage Association (Fannie Mae) and Federal Home Mortgage Corporation (Freddie Mac) multifamily lending operations. Topics discussed include the history and...
- Avoid Retroactive Bond Bills, NABL Plans to Ask Congress. Kinnander, Ola // Bond Buyer;03/24/2000, Vol. 331 Issue 30856, p1
Focuses on the letter drafted by a National Association of Bond Lawyers (NABL) task force, seeking to discourage members of the United States Congress from introducing bills with retroactive effective dates in order to curb certain tax-exempt bond transactions. Rationale behind the group's...