Search for: "American Home Mortgage Assets"
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31 Oct 2011, 4:14 am
I’m only asking because it’s hard for me to imagine that there’s anyone, at this stage of what’s definitely not a game, that wouldn’t readily agree, the American Bankers and Mortgage Bankers Associations, Financial Services Roundtable, and American Securitization Forum, et al, notwithstanding. [read post]
29 Oct 2011, 1:38 pm
Imagine a spouse’s disappointment when their lawyer informs them that the family home and their summer cottage are mortgaged to the hilt and have little or no equity. [read post]
27 Oct 2011, 9:57 am
Result: BofA improves its bottom line at the expense of American taxpayers. [read post]
24 Oct 2011, 5:26 pm
A no-asset Chapter 7 filing doesn't do that. [read post]
19 Oct 2011, 6:54 am
Americans have lost a vast amount of wealth, and they have lost faith in housing as an investment. [read post]
19 Oct 2011, 6:54 am
Americans have lost a vast amount of wealth, and they have lost faith in housing as an investment. [read post]
16 Oct 2011, 6:42 pm
Bankruptcy Court, Northern District of Florida, Panama City Division.Bankruptcy -- Unclaimed funds -- Release of funds -- Funds locators as alleged assignees of former debtors, whose assets were fully administered and distributed in Chapter 11 liquidating plans confirmed several years ago, filed applications to withdraw funds deposited into court's registry, representing distributions in liquidating plan unclaimed by creditors entitled to the funds -- After confirmation of liquidation… [read post]
16 Oct 2011, 5:14 pm
So significant is this component that millions of American home mortgages are in fact 'under water.' That is, the market values of the underlying homes are significantly less than the nominal debts still owed on the mortgages. [read post]
15 Oct 2011, 4:43 am
Okay, look… this article is long, I know. [read post]
6 Oct 2011, 5:00 am
Everyone should get a chance to own their own home. [read post]
5 Oct 2011, 7:31 am
African-American household income fell nearly 10 percent to $31,784. [read post]
4 Oct 2011, 8:22 am
We are exposed to credit risk relating to both the mortgage assets that we hold in our investment portfolio and the mortgage assets that back our guaranteed Fannie Mae MBS. [read post]
4 Oct 2011, 4:03 am
Brancaccio was saying that the critics of nationalization, which coincidently are the CEOs of the banks themselves, argue that the if the government owned the banks they’d be under political pressure not to do things like put people out of their homes when they didn’t pay their mortgage. [read post]
3 Oct 2011, 4:16 am
PennyMac plans to buy the toxic mortgages from the banks at just pennies on the dollar, because apparently the banks will sell the toxic assets to them at pennies on the dollar. [read post]
30 Sep 2011, 2:10 pm
The indictment alleges that Haines, a mortgage broker with American Group Mortgage Corporation, submitted fraudulent loan applications in the transactions to Chase Manhattan Bank. [read post]
29 Sep 2011, 3:16 pm
According to the indictment, from March 2006 through June 2008, the defendants conspired to submit false loan applications and related documents to multiple banks for the purpose of obtaining approximately $40 million in mortgage loans and home equity lines of credit (HELOC). [read post]
29 Sep 2011, 3:16 pm
According to the indictment, from March 2006 through June 2008, the defendants conspired to submit false loan applications and related documents to multiple banks for the purpose of obtaining approximately $40 million in mortgage loans and home equity lines of credit (HELOC). [read post]
23 Sep 2011, 6:21 pm
And aren’t roughly 50 million Americans on food stamps… up from 11 million in 2005? [read post]
10 Sep 2011, 8:21 pm
Others are doing their best just to scrape by — giving up nights out with the family to save on gas or make the mortgage; postponing retirement to send a kid to college. [read post]
7 Sep 2011, 6:37 am
Why aren’t the banks and servicers modifying more mortgages? [read post]
