Search for: "AMERICAN HOME MORTGAGE"
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6 Aug 2008, 8:41 am
This means we are looking for taxpayers who own homes, pay real estate taxes that are not exorbitant, do not have significant medical expenses, pay little or no state and local income (or sales) taxes, and do not make more than trivial charitable contributions.How many people own homes on which they are paying little or no mortgage interest? [read post]
4 Aug 2008, 2:18 pm
" ...the reality is that far fewer minorities had home mortgages of any kind in the first place, so they made up a smaller percentage of total pool of mortgage holders. [read post]
31 Jul 2008, 10:02 am
More importantly for the insurance industry, Section 2122(a)(3) prohibits originators of reverse mortgage loans guaranteed or backed by the Federal Housing Administration from selling insurance, annuities or other types of financial or insurance products to senior citizens without the involvement of independent third parties.The American Bankers Association (the “ABA”) and the American Council of Life Insurers (the… [read post]
30 Jul 2008, 2:14 pm
"First-time" means not owning a home for three years before the purchase date. [read post]
28 Jul 2008, 11:33 am
Can American or Chinese or Indian consumers fend for themselves in the modern "financial jungle". [read post]
24 Jul 2008, 1:08 am
The bill is known as the American Housing Rescue and Foreclosure Prevention Act (HR 3221). [read post]
23 Jul 2008, 1:15 am
As the first reviewer on the Amazon site linked above notes, the book is very timely for its explanation of the current mortgage crisis---not how we got into it but why it's hard to get out.Banks loaned money to people who couldn't afford the interest payments because, in a rising housing market, those borrowers could always sell the house---or go further into debt based on home equity loans to service the existing debt. [read post]
21 Jul 2008, 4:47 pm
This benefits groups like: telecommunications companies that violated Americans' privacy through the Bush Administration's illegal wiretapping, the mortgage industry that gave homeowners predatory loans, and employers that engage in pay discrimination. [read post]
21 Jul 2008, 2:41 pm
The American Federation of State, County, and Municipal Employees (AFSCME) and two state pension funds dropped plans to sue Bear and JPMorgan over the exclusion of proxy access proposals. [read post]
19 Jul 2008, 5:50 pm
Adjustable Rate Mortgages account for the highest number of homes going into foreclosure. [read post]
17 Jul 2008, 9:21 am
"WEB-ONLY | Mortgage crisis spawns unusual class action in San Francisco suburb"The mortgage crisis has spawned an unusual federal class action by black Americans in a San Francisco suburb alleging city intimidation and harassment of minorities who rent homes using federally subsidized Section 8 housing vouchers in an effort to force them out of the area. [read post]
17 Jul 2008, 4:00 am
It was not my first lawyer job, where, although I got great litigation and business and regulatory law experience with some very talented people, including two who kindly took me under their wing, I felt like I anticipated I would: I was fortunately avoiding doing any work that would harm society (except for doing some otherwise very interesting legal analysis and writing defending an employment discrimination case, for the management side), but I did not feel… [read post]
17 Jul 2008, 4:00 am
It was not my first lawyer job, where, although I got great litigation and business and regulatory law experience with some very talented people, including two who kindly took me under their wing, I felt like I anticipated I would: I was fortunately avoiding doing any work that would harm society (except for doing some otherwise very interesting legal analysis and writing defending an employment discrimination case, for the management side), but I did not feel… [read post]
14 Jul 2008, 11:44 am
As home prices continue to decline and loan defaults mount, federal regulators are bracing for dozens of American banks to fail over the next year. [read post]
12 Jul 2008, 10:36 pm
The American Housing Rescue and Foreclosure Prevention Act (HR 3221) would create a new, independent regulator of the GSEs with broad powers analogous to current banking regulators. [read post]
8 Jul 2008, 9:50 pm
Millions of Americans are losing their homes. [read post]
8 Jul 2008, 3:24 pm
So, for example, if homeowners in trouble on their mortgages could reorganize in Chapter 13, the threat to file Chapter 13 would get more home mortgage lenders to the negotiating table. [read post]
5 Jul 2008, 5:21 pm
" The decline of home prices has resulted in millions of Americans owing more on their homes than the homes are worth. [read post]
25 Jun 2008, 3:09 am
Upon investigation, it's usually discovered to be the dreams of the American taxpayer, so there's no telling what you're actually smelling. [read post]
23 Jun 2008, 3:25 pm
A summary of the article:On May 23 2008, in American Home Mortgage Investment Corp. v. [read post]
