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7 Jan 2012, 7:22 pm
Not only is the public directly and significantly affected by how the acts of mortgage servicers have contributed to the state of the economy, but cities, neighborhoods, and communities have a direct and significant interest in the role that mortgage servicers play in the value of a homeowner's investment. [read post]
7 Jan 2012, 8:57 am
The housing market provides a nice example: although subsidized mortgage rates allowed more people to own homes, more buyers eventually meant higher home prices. [read post]
6 Jan 2012, 10:22 am
In Chicago, city leaders are attempting to turn foreclosed houses into viable rental properties by searching for people who are looking to rent rather than buy. [read post]
4 Jan 2012, 1:03 pm
Kenneth Paul Holmes, a real estate developer from Columbia, will begin serving a five-month federal prison sentence next week for due to his involvement in a Grand Strand mortgage fraud scheme. [read post]
4 Jan 2012, 8:06 am
This registry often clashes with official records kept in cities and counties where the sales take place, so when it comes time for a bank to foreclose, the information may be mixed or even unavailable. [read post]
4 Jan 2012, 4:18 am
Once an exemption application is submitted to the City, a homeowner are not subject to a fine for breaching the by-law. [read post]
4 Jan 2012, 12:33 am
Other settlements include the following: Merrill Lynch Mortgage Backed Securities, $315 million (refer here); Lehman Brothers offering underwriters settlement, $417 million (refer here); Washington Mutual, $208.5 million (refer here); Wells Fargo Mortgage Backed Securities, $125 million (refer here); National City, $168 Million (refer here); Colonial Bank, $10.5 million (refer here); and Lehman Brothers executives, $90 million (refer here) and E*Trade, $79 million (refer… [read post]
3 Jan 2012, 8:43 am
Economists of every political stripe agree that our recent recession and lackluster recovery arose from a collapse of real estate markets in cities all over the country. [read post]
3 Jan 2012, 7:55 am
The Live Where You Work (LWYW) program, operated by the state's Housing & Mortgage Finance Agency, offers low-interest mortgage loans to people who purchase a residence in the town where they work. [read post]
2 Jan 2012, 2:31 pm
Morgan Stanley Mortgage Capital Holdings LLC. [read post]
2 Jan 2012, 11:22 am
The boom & bust in the US should have occurred primarily in the inner cities, where the accused policies were focused; instead the bust was in the suburbs. [read post]
2 Jan 2012, 10:32 am
In fact, in November, 9 of the 10 worst cities for unemployment were located in California. [read post]
2 Jan 2012, 8:34 am
I pointed out that historically, divides such as the one being deepened and widened at that time, between the distressed homeowners and their mortgage servicers… well, they just never end well. [read post]
30 Dec 2011, 2:42 pm
Payment is always made to a third party, typical grants cover household utilities, gas cards for vehicles to get to appointments, groceries, rent, mortgage, and rental deposits. [read post]
30 Dec 2011, 9:14 am
Thanks to this solidarity and the media attention it garnered, Tolbert has collected her keys, moved back in, and is renegotiating the terms of her mortgage. [read post]
29 Dec 2011, 4:53 pm
The loan products included prime loan mortgages, non-subprime loan mortgages, and subprime loan mortgages. [read post]
29 Dec 2011, 3:12 pm
’ Oh, great Investors had thought China was immune to a property crash because mortgage finance is just 19% of GDP. [read post]
28 Dec 2011, 3:35 pm
The City's ordinance is not perfect. [read post]
28 Dec 2011, 6:56 am
Calculate numbers for real estate transactions, including mortgage calculations, closing cost estimation, information on square footage, home sales price, and utility prices. [read post]
27 Dec 2011, 4:48 pm
. $17 billion towards principal writedowns is a good start, but with 25% of mortgages underwater nationwide (almost 50% in the City of Chicago), it is not enough to fix every underwater loan. [read post]
