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12 Feb 2012, 2:37 pm by Mandelman
  There’s also $3 billion that’s supposed to be devoted to the refinancing of underwater but current mortgages, but this fund will only apply to mortgages owned by one of the five banks involved in the settlement… Bank of America, JPMorgan Chase, Wells Fargo, Citibank, and Ally Bank/GMAC… and then, only to those current on their mortgage payments. [read post]
18 Aug 2011, 2:34 am
  And while house prices continue their slide, four out of five new mortgages require at least a 20 percent down payment, putting home ownership out of the reach of most Americans. [read post]
20 Dec 2013, 7:41 am by Allison Tussey
To effect this so-called “mortgage rescue,” the defendants had homeowners sign documents and deeds purportedly appointing Washington National Trust as trustee and transferring title of their homes to the business, the indictment alleges. [read post]
11 Feb 2011, 5:25 am
During the boom years of the housing market, 2000-2007, when many lenders made easy credit and mortgages available to potential homeowners with little regard for their ability to repay the loans, millions of Americans realized their dreams of home ownership. [read post]
2 Jun 2014, 2:33 pm by Law Lady
AMERICAN HOME MORTGAGE SERVICING, INC., Appellee. 2nd District.Mortgage foreclosure -- Evidence -- Hearsay -- Exceptions -- Business records -- No abuse of discretion in admitting printouts of loan payment history, which were properly authenticated by records custodian who demonstrated his familiarity with plaintiff's record-keeping system and the process for uploading payment information -- Printout was not a “summary” within meaning of section 90.956 --… [read post]
7 Jul 2009, 4:20 am by Carmen Dellutri
This is just another stimulus to help the banks and mortgage companies on the backs of the American Consumer (i.e. you and me). [read post]
23 Jan 2014, 4:58 am by Michael Wasserman
Four of five buyers of new homes, including condos buy into an association. 63 million Americans live in community. [read post]
24 Jun 2007, 8:36 pm
One has only to look at the difficulties that publicly traded REIT American Home Mortgage Investment had from 2001 through 2003 in acquiring a federal thrift. [read post]
1 Jun 2010, 3:33 pm by Robert Hockett
Hello, Friends, In response to some interesting back-and-forth at the Mirror of Justice blog between Robby George, our own Michael Perry, and others, I have posted the following thoughts, which might be of some interest to RLL readers as well: Though one might laud our (early 1930s through mid-1990s) American system of mortgage finance from many nominally distinct points of ideological view, I have long been struck by how well this system cohered, until recently, with the Catholic… [read post]
7 Mar 2009, 5:35 am
Dellutri also sits on the Board of American Board of Certification. [read post]
20 Apr 2010, 11:49 am by admin
The procedure is costly and generally not worth the expense because of the limited assets that most Americans own aside from their homes. [read post]
2 Feb 2015, 11:30 am
Household mortgage debt rose an average of $60,000.00 during those same six years, or about $10,000.00 each year for each home in the United States. [read post]
27 Aug 2020, 1:44 pm
The move was shortly followed by a similar directive from the Federal Housing Financial Agency (FHFA), which ordered the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Company (Freddie Mac) to suspend foreclosures for at least 60 days. [read post]
12 Mar 2010, 1:52 pm by LindaMBeale
  Note that the mortgages will be only those held by the wealthy--a $730,000 or more mortgage, representing 60% or less of the purchase price of the home. [read post]
7 Apr 2009, 5:16 am
“Dodd has slipped for several reasons: his role in writing a bill that protected bonuses for executives at bailed-out insurer American International Group Inc.; his initial refusal to release documents about his two controversial mortgages with Countrywide Financial Corp.; and his financing of a vacation cottage in Ireland. [read post]
27 Jan 2009, 1:58 am
The federal court subsequently denied the plaintiffs' motion to have the case remanded to state court, in this case on the relatively narrow and specific ground that that one of the entities that originated the underlying mortgages, American Home Mortgage Corporation, is in bankruptcy in the federal court in Delaware, and the securities case is related to the bankruptcy proceeding. [read post]
27 Sep 2011, 8:31 am
Not even historically low home prices coupled with historically low mortgage rates are enticing people to purchase a home. [read post]
9 Sep 2021, 9:00 pm
So just make sure you have enough cash to be able to weather the eventual storm(s).Source: https://www.lendingtree.com/home/mortgage/comparing-rent-vs-owning-a-home-in-nations-largest-metros/ [read post]