Search for: "AMERICAN HOME MORTGAGE"
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1 May 2007, 7:09 am
Adjustable rate mortgages issued between 2004 and 2006 will have their interest rates reset, with many mortgage payments doubling, causing a one-in-three chance of losing the home. [read post]
26 Apr 2007, 8:21 pm
The law firms represent mortgage servicers, Wall Street investment firms and lenders. [read post]
26 Apr 2007, 11:52 am
Today, Harvard's Joint Center for Housing Studies released two reports on understanding the home mortgage market. [read post]
26 Apr 2007, 3:15 am
Banks don't need to take the risk that doomed many of them back in 1980's when they commonly held on to home mortgages that they originated. [read post]
20 Apr 2007, 1:11 am
DISTRICT COURTSOUTHERN DISTRICT OF NEW YORKReal PropertyMortgage Lender Lacks RICO Standing in Suit Over Fraud in Connection With Loan Applications American Home Mortgage Corp. v. [read post]
16 Apr 2007, 3:24 am
Down payment: the portion of a home's purchase price that is paid in cash and is not part of the mortgage loan. [read post]
15 Apr 2007, 8:18 pm
"Help is urgently needed for hundreds of thousands of American families at risk of losing their home due to abusive home loans," he said. [read post]
12 Apr 2007, 8:59 pm
According to Bloomberg, the trustee for the creditors of American Business is suing Bear Stearns, Credit Suisse, JP Morgan Chase, and Morgan Stanley, who underwrote and sold $3.6 billion of mortgage-backed bonds secured by mortgage loans originated by American Business between 2000 and 2003, pocketing $50 million in fees. [read post]
12 Apr 2007, 9:55 am
WASHINGTON, April 12 /PRNewswire-USNewswire/ — Bankruptcy law changes are needed if hundreds of thousands of American families struggling with abusive subprime mortgages are going to escape foreclosure and the loss of up to $164 billion in home-based wealth, according to a joint call for Congressional action issued today by the National Association of Consumer [...] [read post]
9 Apr 2007, 10:17 pm
KEYWORDS: debt, credit, lending, predatory lending, high-interest, default, bankruptcy, mortgages, housing bubble, credit cards, debt reduction, debt remediation, remortgages, home equity loans, [read post]
29 Mar 2007, 7:46 am
No exotic mortgage, just a 6% fixed; and we could make the payments, just not all the repairs. [read post]
28 Mar 2007, 10:57 am
ANDERSON Full Text: [ssrn.com] ABSTRACT: Over the past quarter century, consumer lending markets in the United States have become increasingly national in scope with large national banks and other federally chartered institutions playing an ever important role in many sectors, including credit card lending and home mortgages. [read post]
25 Mar 2007, 8:32 pm
Greenspan, then the Fed chairman, in which he said, "American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage. [read post]
23 Mar 2007, 6:49 am
National Housing Act, establishment of the goal of 'a decent home for every American family'. 1965. [read post]
19 Mar 2007, 2:15 pm
The New York Times Calls for Funding Legal Services Programs to Help Individuals Facing Home Mortgage Foreclosures; Jacksonville Area Legal Aid Sees Huge Number of Cases Across the nation, home mortgage foreclosures are on the rise. [read post]
19 Mar 2007, 1:25 pm
The agreement provided that Kelly would pay J&B Builders $1.7 million for the home and lots under the following schedule: a $10,000 deposit payable with the contract, an additional sum of $300,000 payable upon Kelly delivering a mortgage commitment, and the balance of $1,390,000 payable upon closing or passing of the deed.When the builder failed to qualify for the project's financing, Kelly sought construction financing himself. [read post]
11 Mar 2007, 8:01 pm
Bernstein, is quoted extensively in the American Banker article. [read post]
7 Mar 2007, 6:37 am
The National Urban League this week unveiled a six point "Homebuyer's Bill of Rights" intended to overcome what the organization sees as obstacles to home ownership for many Americans, particularly African Americans. [read post]
3 Mar 2007, 6:54 am
Recently, CEO Michael Geoghegan explained that massive losses in HSBC's home mortgage lending business were caused by the mistake of "going for volume. [read post]
28 Feb 2007, 5:25 am
"Picking a mortgage, is much like picking a home," notes Fine. [read post]
