April 20, 2024
Mortgage

Why was my mortgage application denied? Common reasons underwriters don’t approve loans | Business

For borrowers in a still-hot housing market, getting approved for a mortgage can be a challenge. Mortgage rates have soared from pandemic-era lows, home values are near record highs and home price appreciation is outpacing wage growth. All of that means there’s no guarantee a lender will approve your mortgage application. Here’s a look at

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Loans

Missouri woman pleads guilty to fraudulently obtaining $104K in pandemic loans | State News

(The Center Square) – A Missouri woman admitted to fraudulently obtaining federal pandemic loans for $104,163, according to information from the U.S. attorney in the Eastern District of Missouri. Camille Foster, 32, pleaded guilty to two counts of wire fraud on Tuesday in U.S. District Court. She admitted to obtaining five Paycheck Protection Program loans

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Finance

Pa. House approves bills on campaign finance reform | Local News

HARRISBURG — Separate bills intended to add transparency to campaign finance in Pennsylvania elections advanced Tuesday out of the state House with bipartisan support. One bill would add an additional reporting period for campaign spending and contributions. The other looks to broaden reporting requirements for all tax-exempt organizations and require reports for any level of

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Property

Mayor’s proposed property tax hike would pay for public safety services | Spokane News

SPOKANE, Wash. – Mayor Lisa Brown has proposed a property tax hike to fund public safety programs. However, not all city leaders agree that the increase is necessary.  Mayor Brown spoke at City Hall on Friday morning and said that Levy would raise nearly $40 million for the city over the next five years.  This

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Funds

Charlestown budget plan keeps taxes, spending hikes low, funds ambulance contract | Charlestown

CHARLESTOWN — Next year’s spending plan for Charlestown includes money to pay for new positions in the tax assessor’s office and at Ninigret Park and to fund a new contract between the town and the local ambulance service. The Town Council dug into the Budget Commission’s proposed $29.2 million budget at a three-hour special meeting

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Finance

PERSONAL FINANCE:U.S. housing market in an unusual state. Is now the time to sell your home? | Business

The U.S. housing market is facing unusual times. Mortgage rates are at their highest levels in years, precluding some buyers from entering the market. At the same time, the nationwide supply of houses remains tight. If you’re contemplating a move in the midst of these unusual market dynamics, here are five steps that can help

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Property

Unicam plan would have sharply cut 2023-24 property taxes

A pair of property tax measures on which Unicameral debate began last week would have slashed gross school and combined tax rates in Scottsbluff-Gering and Scotts Bluff County by one-third or more had they been in place for last fall’s “budget season.” It also would have meant simpler and more direct state property tax relief

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Funds

WILLIAMS: Excess educational funds used for retirement | Community

Christmas has come early to the American taxpayers! One of the provisions of a recently passed tax law allows beneficiaries of certain education investments to perform a tax-free rollover to a Roth Individual Retirement Account (IRA) for their benefit. Why is this important? First, the excess education funds will be taxed to the beneficiary should

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Property

Property ‘tax revolt’ part of City Club discussion Monday

Montana ranks 17th in the nation for limiting residential taxes, but its ratio of tax revenue that comes from properties ranks among the worst in the United States. The result: A property tax revenue rift that has burdened landowners with funding the government, Missoula County Treasurer Tyler Gernant told the City Club this week. Eric Bryson, executive

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Property

Amherst, Clarence prepare for challenges to property values

Two Northtowns suburbs with robust housing markets have just updated their property values, and Peter Allen Weinmann expects he’ll be busy. Amherst and Clarence have recently completed townwide reassessments and on Friday began mailing out notices disclosing the new values to their property owners. The Amherst Town Board has voted – at the recommendation

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