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29 Sep 2008, 10:04 pm
It should be constrained: the legislation should direct Treasury to buy assets at fair market value. [read post]
29 Sep 2008, 6:07 pm
Maryland and California have both taken some steps in this direction. [read post]
29 Sep 2008, 6:06 pm
The Treasury Secretary is directed to implement a plan to maximize assistance for homeowners, and to consent (as owner or investor) to reasonable requests for loan restructuring, including interest and principal write-downs. [read post]
29 Sep 2008, 10:45 am
There is no direct ownership given to the American people for the money being handed over. [read post]
29 Sep 2008, 7:39 am
"Pick-a-pay"But Wachovia also holds more than $122 billion in so-called Pick-A-Pay or Option ARM mortgages, as of July 22. [read post]
29 Sep 2008, 2:10 am
Allows the FDIC to be selected as an asset manager for residential mortgage loans and mortgage-backed securities. [read post]
29 Sep 2008, 12:53 am
The mortgage lending industry will see relief long before benefits reach homeowners. [read post]
29 Sep 2008, 12:28 am
The plan directs the Treasury Department to engage in reasonable modifications for residential mortgage loans it controls and to encourage servicers to do so for loans it doesn't control. [read post]
28 Sep 2008, 8:18 pm
In a joint mortgage you are each liable for any and all of the mortgage payments. [read post]
26 Sep 2008, 2:31 pm
Furthermore, this direct approach would do a better job in providing capital where it is most useful. [read post]
26 Sep 2008, 11:54 am
Experts warn that even if this bailout plan were to succeed, that there will not be a quick return to "normal economic conditions".[37] While mortgage rates have dropped, job loss is increasing and home values are still decreasing.[38] In the end, it is still much too early to accurately determine how these events will shape our future. [read post]
26 Sep 2008, 11:37 am
.; the class action complaint alleged that, in connection with its adjustable rate mortgage loans, the Bank failed to make the disclosures required by federal law. [read post]
25 Sep 2008, 10:03 pm
Requires loan modifications for mortgages owned or controlled by the Federal Government c. [read post]
25 Sep 2008, 10:01 pm
Requires loan modifications for mortgages owned or controlled by the Federal Government c. [read post]
25 Sep 2008, 7:11 pm
I read something by Jack Guttentag, “the Mortgage Professor,” on Inman News yesterday that seemed a cogent argument for helping out the crisis by going in a different direction than the Paulson-Bernanke plan seems to be going. [read post]
25 Sep 2008, 6:32 pm
Look VERY CLOSE at what this covers, especially under crime! [read post]
25 Sep 2008, 3:20 am
Though perhaps people will view it as a step in the right direction. [read post]
25 Sep 2008, 12:01 am
The mortgage crises follows a pattern of reasoning analogous to that sometimes followed in the national security context. [read post]
23 Sep 2008, 11:36 pm
There was no mortgage at the time of the possession hearing, so the requirements of Practice Direction 55.2.4 on identifying mortgagees, etc. did not apply. [read post]
23 Sep 2008, 4:01 am
Banks Billions” (here), that about a quarter of the nation’s banks lost a combined $10 to $15 billion due to the mortgage giants’ government takeover. [read post]
