TDR Mortgage is Offering Free Appraisals on Home Loans in California
TDR Mortgage- www.TheSoCalLoanPro.com - 909-920-3500 is Offering Free Appraisals up to $500.00 on Home Loans in California and we can now Cash out ...
Transferable Development Rights or TDR can be considered as an important raw material in the real estate industry as it allows the developer to build over and above the permissible Floor Space Index (FSI) under the prevalent rules of the respective locations.
In light of many community banks having strong, performing loan portfolios over the past several years, we often receive calls with questions regarding loans that have been placed on nonaccrual status, or have been labeled as Troubled Debt Restructurings (TDS’s), that have become current and now warrant being placed back on accrual status.
Great piece. One question I have been struggling with in regards to TDR's is the whole idea that all TDR's are impaired loans. However, in many cases we see, the debtor will be placed on interest only status for a period of time which would constitute "a significant delay in payments".
Hi and welcome to my website! I am Teresa Tims, The SoCal Loan Pro and President of TDR Mortgage. I specialize in Home Loans for 1st time buyers, and purchasing FHA, VA, Conventional, and Jumbo Loans. I help people become homeowners by finding them exactly the right company to get the lowest rate and term regardless of their situation.
Purpose. The Office of the Comptroller of the Currency (OCC) is issuing this bulletin to national banks and federal savings associations (collectively, banks) to address many inquiries received from bankers and examiners on the accounting and reporting requirements for troubled debt restructurings (a TDR), especially related to loan renewals and extensions of substandard commercial loans.