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6 Jun 2008, 7:58 pm
With a mortgage broker, general contractor, home inspector and attorney in tow, prospective buyers paid $75 to ride a bus and visit eight foreclosed homes in the New York City suburb of Long Island last month. [read post]
3 Jun 2008, 5:38 am
Willen, "Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures," which presents the first rigorous assessment of the homeownership experience of subprime borrowers, using data on subprime mortgages, foreclosures, and house prices from 1989 to 2007 in Massachusetts cities and towns. [read post]
2 Jun 2008, 12:09 am
Davids' Blog finds delicious irony in "Lobbying against mortgage lending regulations and getting stiffed for your work. [read post]
1 Jun 2008, 7:08 am
From Conglomerate (and now the Wall Street Journal) comes the recent decision in National City Bank v. [read post]
31 May 2008, 8:16 pm
In re Hill dealt with an attempt by National City Bank to hold the Hills’ mortgage loan non-dischargeable, meaning that, despite the loss of their home due to foreclosure [...] [read post]
30 May 2008, 12:31 am
In April 2006, the Hills refinanced their existing $100,000 second lien through a mortgage broker with National City. [read post]
29 May 2008, 10:39 pm
Drive the car in multiple road conditions: city streets with heavy traffic, highways with open spaces, straight and curvy roads, and hills. [read post]
29 May 2008, 11:36 am
But keep an eye out: In re Hill (City National Bank v. [read post]
29 May 2008, 8:18 am
Financing for new real-estate projects has dried up after a mortgage crisis locked up credit markets. [read post]
29 May 2008, 2:38 am
Both of those companies gambled and lost in the subprime mortgage market, and now the city can't get an AAA rating, even with insurance policies from them. [read post]
27 May 2008, 4:00 am
GMAC Mortgage. [read post]
26 May 2008, 8:58 am
One other interesting thing about the National City/Harbor Bank lawsuit is that in addition to National City itself and its current and former directors and officers, the complaint names as a defendant, National City’s auditors, Ernst & Young. [read post]
22 May 2008, 4:20 pm
Sonya Capri Ramos says her Salt Lake City home was sold out from under her in 1996 to pay a collections agency seeking payment for dental work performed on one of Ramos's daughters. [read post]
21 May 2008, 11:01 pm
The article goes on to point out that the crisis in the sub-prime mortgage markets has reduced the pool of available homeowners in the Houston market, which is contributing to a downturn in the local housing market. [read post]
21 May 2008, 1:53 am
Other places to avoid are the lower-income areas of cities and suburbs. [read post]
20 May 2008, 5:53 pm
Other places to avoid are the lower-income areas of cities and suburbs. [read post]
20 May 2008, 9:58 am
In January, Citi said it would dismiss 4,200 more people. [read post]
19 May 2008, 10:30 pm
They include the direct impact of more than two million foreclosures on families, the resulting property value losses, the social and fiscal impact on cities where subprime mortgages were concentrated, the price discrimination resulting in black and Latino homeowners paying unnecessarily high rates, and the broader impacts on the credit markets and the economy. [read post]
15 May 2008, 5:42 am
As previously reported by Mortgage Fraud Blog, Sharpe was convicted in April 2008 on all counts against him in a corrupt scheme to steer city-owned land to his mistress. [read post]
13 May 2008, 7:57 pm
Redwood City Attorney Discusses Family Law Issues and Divorce Linda Stern has some helpful hints when dealing with a divorce. [read post]
