Search for: "AMERICAN HOME MORTGAGE"
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1 Apr 2010, 8:11 am
Negative equity, also referred to as “being underwater,” refers to a homeowner owing more on the mortgage than the home is worth. [read post]
29 Mar 2010, 2:32 am
American Modification Consultants, LLC, d/b/a American Mitigation Consultants; Philadelphia, Pennsylvania and INQB8 LLC, d/b/a Discount Mortgage Relief, Scottsdale, Arizona, had lawsuits filed against them for offering to negotiate or modify the terms or conditions of an existing home mortgage from requesting advance payments from homeowners. [read post]
27 Mar 2010, 4:58 pm
The plan won't assist investors and speculators or "Americans living in million dollar homes or defaulters on vacation homes," an administration fact sheet said. [read post]
26 Mar 2010, 4:28 pm
Now, with investing — and fraud — an increasingly multi-national activity, the Supreme Court will attempt to sort out the conflict in a case involving an Australian bank with a U.S. subsidiary, based in Florida, that serviced home mortgages. [read post]
26 Mar 2010, 7:35 am
The President rightly does not fear the latter tactic because it's a new middle-class entitlement, which means that like Social Security or the home mortgage interest tax deduction, we might as well chisel it into granite as a permanent fact of American economic life susceptible to only marginal change from this point forward. [read post]
25 Mar 2010, 4:17 am
RealtyTrac says there were 3 million homes lost to foreclosure, so figure closer to four, and RealtyTrac admits that this year could be worse. [read post]
25 Mar 2010, 2:40 am
.' I confess to agnosticism about this, at least so long as non-American financial firms continue to reach the gargantuan sizes they long have done. [read post]
21 Mar 2010, 5:05 pm
A San Jose bankruptcy attorney comments on fraudulent home mortgages... [read post]
21 Mar 2010, 3:37 pm
That is not surprising, since such mortgages EITHER are just a silly incentive for taking out a loan without starting to pay it back immediately--silly, because Americans don't need incentives for more leverage but rather incentives to start paying down their debt-- OR operate under demonstrably false hypotheses such as the assumption that home values will go up sufficiently to pay off the loan in a quick sale (where the borrower… [read post]
20 Mar 2010, 12:22 pm
Utilities: Need to know more about your utility bills and options for getting power and water in your home? [read post]
20 Mar 2010, 8:36 am
In fact, a recent survey by the American Land Title Association revealed that most home buyers think of title insurance as “just another fee” they have to pay to buy a home. [read post]
19 Mar 2010, 8:04 pm
American Banker has posted an article that discusses the continuing problem of banks repossessing the wrong home. [read post]
18 Mar 2010, 1:21 am
Citing an alleged conflict of interest, BuckleySandler filed a federal suit seeking to bar the Arizona and Nevada AGs from employing Cohen, Milstein, Sellers & Toll to investigate potential mortgage fraud cases against Pulte Homes. [read post]
15 Mar 2010, 7:42 am
The GSEs are a lifeblood of the American housing finance system – and hence of the global capital markets. [read post]
15 Mar 2010, 4:57 am
The Obama administration may expand efforts to ease the housing crisis by banning all foreclosures on home loans unless they have been screened and rejected by the government’s Home Affordable Modification Program. [read post]
15 Mar 2010, 4:57 am
The Obama administration may expand efforts to ease the housing crisis by banning all foreclosures on home loans unless they have been screened and rejected by the government’s Home Affordable Modification Program. [read post]
13 Mar 2010, 3:03 pm
Most Americans are destined for economic slavery in the form of unfair and predatory mortgages and credit cards. [read post]
13 Mar 2010, 7:53 am
Negative Impact Another effect of the bankruptcy laws is the increase in foreclosures and defaults by mortgage holders who can't afford to make payments on their homes. [read post]
13 Mar 2010, 3:42 am
Dellutri also sits on the Board of American Board of Certification. [read post]
12 Mar 2010, 1:52 pm
Note that the mortgages will be only those held by the wealthy--a $730,000 or more mortgage, representing 60% or less of the purchase price of the home. [read post]