Search for: "AMERICAN HOME MORTGAGE"
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4 Jan 2010, 7:34 am
The economy cannot recover until we realign this debt hanging over American families with lower, sustainable home values.This central issue of the crisis calls for leadership. [read post]
3 Jan 2010, 10:15 pm
The Obama Program Fails to Recognize that Some Homeowners Simply Can't Afford Reduced Mortgage Payments Although President Obama certainly had the right idea to help the American public prevent foreclosure, the program is not working. [read post]
2 Jan 2010, 8:20 am
It was later put to use as a source of funds to restart the securitization markets, rescue domestic automakers, and modify home mortgages. [read post]
1 Jan 2010, 4:08 am
It will be interesting to see what develops in this case where we have alleged fraud (related to a loan modification) and wrongful foreclosure against Deutsche Bank National Trust and the servicer American Home Mortgage Servicing, Inc. [read post]
31 Dec 2009, 6:47 am
Lawyers for the cities claim that such practices have essentially devastated entire minority-centric neighborhoods as unpaid mortgages have given way to foreclosures and ultimately to abandoned homes. [read post]
30 Dec 2009, 8:42 am
But, as the value of these mortgages fell along with mortgage values across the board in the middle part of this decade, Thornburg was one of many mortgage companies with a bankruptcy case in the $30 billion range. [read post]
29 Dec 2009, 10:50 am
Robertson of Harvard, Richard Egelhof , and Michael Hoke have co-authored Get Sick, Get Out: The Medical Causes of Home Mortgage Foreclosures, 18 Health-Matrix Journal of Law and Medicine. [read post]
24 Dec 2009, 6:31 am
Homeowners with negative equity, a situation in which one’s mortgage exceeds the home value, are concentrated in a small number of states, with Nevada (48% of mortgages) and Michigan (39%) of most concern. [read post]
23 Dec 2009, 4:21 pm
Reduce everyone’s mortgage to 4% regardless of their ownership (whether primary or investment) 2. [read post]
22 Dec 2009, 10:20 am
I’ve seen them save homes that were already sold! [read post]
21 Dec 2009, 11:43 am
These government programs that adjust mortgage payments come with at least a $75 billion price tag, and, so far have helped few Americans to keep their homes or reduce their mortgage payments, according to the article. [read post]
20 Dec 2009, 10:48 pm
He is a member of the American Society of IRS Problem Solvers and the Tax Freedom Institute. [read post]
19 Dec 2009, 5:18 am
Auditors at Bethesda-based American Capital issued an opinion earlier this year that the firm was in danger of not continuing as a business. [read post]
18 Dec 2009, 11:33 pm
Unfortunately, helping potentially 4,000 families means only helping a miniscule percent of the millions of Americans that could lose their homes in coming months. [read post]
18 Dec 2009, 4:08 pm
According to Bloomberg, “Payments on about 12 percent of mortgages exceeding $1 million were 90 days or more overdue in September, compared with 6.3 percent on loans less than $250,000 and 7.4 percent on all U.S. mortgages, according to data from First American Core Logic, a Santa Ana, California-based research firm. [read post]
17 Dec 2009, 3:16 pm
Extrapolating from the estimate that 15.4 million Americans are currently unemployed, the article said this would translate to 2 million nationwide losing their homes to unemployment. [read post]
Testimony Before Congress: The Private Sector and Government Response to Mortgage Foreclosure Crisis
17 Dec 2009, 3:56 am
HAMP faces a number of challenges, including converting trial modifications to permanent modifications and helping Americans stay in their homes in an environment of elevated unemployment. [read post]
16 Dec 2009, 12:00 pm
That's why I'm calling on Congress to provide new temporary incentives for Americans to make energy-efficiency retrofit investments in their homes. [read post]
13 Dec 2009, 5:22 pm
What's wrong with giving them the power to make a mortgage company accept a little less profit in order to keep another home from being abandoned, boarded up or not? [read post]
12 Dec 2009, 7:20 am
Remember SAXON Mortgage Services? [read post]