Search for: "AMERICAN HOME MORTGAGE"
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5 Mar 2008, 2:20 am
Many older Americans are turning to reverse mortgages to convert equity in their homes to cash, in order to supplement their retirement income, pay for health care expenses, finance home improvements, and meet a myriad of other monetary needs. [read post]
4 Mar 2008, 6:20 am
Millions of Americans have no choice but to foreclose on their homes because they owe more on their mortgage loan then their house is worth. [read post]
3 Mar 2008, 3:19 am
The homeowner does not need to repay the loan until he permanently leaves the home, either because of death, a move to a nursing home, or sale. [read post]
29 Feb 2008, 2:00 pm
According to data collected by The American Lawyer, 35 attorneys were laid off at Cadwalader Wickersham; 24 Thacher Proffitt mid-levels were offered buyouts plus an additional five first-years took optional buyouts; six Clifford Chance associates were laid off and 23 associates at McKee Nelson took buyouts. [read post]
28 Feb 2008, 5:39 am
Then the mortgage company, which was in the process of foreclosing the home, receive notification from the representatives of American Foreclosure that the property was included in the bankruptcy of a Debtor who had then filed bankruptcy in California. [read post]
24 Feb 2008, 5:00 am
Mortgage lenders are fighting this bill, which would help 600,000 Americans save their [...] [read post]
19 Feb 2008, 2:48 pm
It also gives you an extra month without paying if you are ultimately going to lose the home. [read post]
17 Feb 2008, 9:17 pm
As discussed in Friday's American Banker, the Dems stuck the provision on cramdowns into the latest economic stimulus package that Senate Democrats disclosed last Thursday, called the Foreclosure Prevention Act of 2008. [read post]
14 Feb 2008, 6:28 pm
Advertisements are geared to the lowest common denominator Structured Asset Funding creepily suggests that you can sell your structured settlement payments for a Ferrari or boat or beach front home with infinity pool. [read post]
14 Feb 2008, 5:45 am
Twenty years ago, the median home price was about three times income. [read post]
13 Feb 2008, 12:14 am
For two years, Costanzo closed fraudulent loans for a mortgage fraud ring that federal authorities say included at least 21 people, among them builders of multimillion-dollar suburban Atlanta homes. [read post]
12 Feb 2008, 4:13 pm
Sort of like the Bushes when they don't count Iraqi dead, think Katrina's devastation of poor people's homes is an opportunity for them to move upmarket, and speak as if only Americans died on 9/11.Rather than stand upon and be remembered for principle, Mrs. [read post]
8 Feb 2008, 3:35 pm
As we have noted before, American Home Mortgage Investment Corp. is in bankruptcy in Delaware. [read post]
5 Feb 2008, 5:45 am
As previously reported by Mortgage Fraud Blog, Bergin, a Southfield, Michigan mortgage lender, alleged that it was the victim of real estate fraud by a number of parties, resulting in a loss of money on 61 loans it made to individuals purchasing single-home rental properties …Read More... [read post]
1 Feb 2008, 8:55 pm
Adam Levitin shows us that another number has been drawn out of thin air: the Mortgage Bankers Association claims that any amendment to the bankruptcy laws to deal with subprime mortgages will increase mortgage rates for all homeowners by two percentage points--recently dropped to 1.5 points. [read post]
1 Feb 2008, 6:14 am
Fortunately, he and his wife had enough money to cover the $28,000 cost -- though Sandra McCleith says she would have gladly mortgaged her home to pay the bills. [read post]
30 Jan 2008, 7:56 am
Reverse mortgages can carry high costs -- as much as 7% of a home's value. [read post]
27 Jan 2008, 10:10 pm
A common topic on this blog has been the power of anti-business myths within American society. [read post]
25 Jan 2008, 5:18 am
Id., at 1-2.Download PDF file of In re American Home Mortgage Transfer Order [read post]
24 Jan 2008, 6:53 am
., American Home Rescue, Inc., National Property Holding Group, LLC,, The Mortgage Practice, Inc., Southeast Capital Mortgage Company, Barrister Title Services, Inc., GMC Land Services of Florida, Inc., doing business as Richmond Abstract, Inc., Bernard Williams, Wyman F. [read post]
