Search for: "First Home Mortgage Corporation"
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7 Nov 2009, 3:40 pm
But that’s no way to start telling a story… Our story begins in New York, way back in 2005…. the good old days, as it were… when, for the first time ever, the Federal Reserve released home mortgage data that included information on the race, sex and income of loan applicants. [read post]
3 Nov 2009, 3:06 pm
In recent years, the non-recourse concept has changed significantly from its first iteration, especially in the commercial sector. [read post]
3 Nov 2009, 2:12 pm
Part of the reason for our ongoing Great Recession is that we have had so many measures in the tax code to favor home ownership that (i) banks started to think of mortgage securitization business as money growing on trees and (ii) homeowners started to think of their homes as money-growing trees. [read post]
21 Oct 2009, 3:03 am
Background Dynex was in the business of packaging mortgage loans into securities. [read post]
12 Oct 2009, 7:38 am
As the economy is getting worse homeowners are not only falling behind in their mortgage payments but they are also struggling to pay their monthly assessment fees. [6] As more homeowners leave the area, those remaining have to take the burden of paying additional fees to maintain their communities. [7] This is raising a myriad of issues concerning what should be done to keep these communities alive. [read post]
4 Oct 2009, 7:25 am
And this claim should go beyond the common assertions that the current system failed to prevent the home mortgage crisis and the recession that followed. [read post]
27 Sep 2009, 10:26 am
This is a record high for mortgage delinquencies. [read post]
22 Sep 2009, 6:23 am
2) Did policies encouraging home ownership lead to relaxed standards which contributed to the crisis? [read post]
20 Sep 2009, 7:38 am
The deadline for first-time home-buyers to take advantage of this program is November 30th. [read post]
13 Sep 2009, 8:30 am
In Taipei, some students,...We’re In For a New Wave of Corporate Bankruptcy on Long Island Written by Craig D. [read post]
9 Sep 2009, 2:52 am
Thus for example, in both the lawsuit that Luminent Mortgage Corporation filed against Merrill Lynch (refer here) and in the First Marblehead subprime-related securities class action lawsuit (refer here), the courts quoted with approval language from a prior RICO case in which the Second Circuit said "when the plaintiff’s loss coincides with a marketwide phenomenon causing comparable losses to other investors, the prospect that plaintiffs’ loss… [read post]
8 Sep 2009, 11:37 am
Under Mortgages in General. [read post]
2 Sep 2009, 11:48 pm
Of course, just like most home mortgages, student debt over and above the Federal Stafford Loans, often get bundled together, turned into securities, and sold. [read post]
30 Aug 2009, 3:45 pm
• The Mortgage Bankers Association reports that 13.2% of mortgages on homes with one to four units were delinquent on their mortgages during the second quarter. [read post]
24 Aug 2009, 1:11 pm
Private mortgage insurance, or PMI, is the insurance that mortgage lenders purchase, or cause their borrowers to purchase, when the borrower does not make a down payment of at least 20% when purchasing a home. [read post]
18 Aug 2009, 2:37 am
Platt entered an order (here) preliminarily approving the settlement of the securities class action lawsuit that had been filed certain directors and officers of American Home Mortgage Investment Corporation. [read post]
17 Aug 2009, 5:00 am
Assets of these cooperatives were approximately $8 billion, with nearly 90% invested in mortgages. [read post]
10 Aug 2009, 7:13 am
GOVDOC Y 4.J 89/1:110-150Financial Crises - US:Straightening out the mortgage mess : how can we protect home ownership and provide relief to consumers in fi [read post]
7 Aug 2009, 9:21 pm
In today's Washington Post, Kenneth Harney reports evidence that some people are falsely claiming the new federal income tax credit for first-time homeowners.Two quick thoughts.First, the question of whether incentives for first home purchases are a good idea. [read post]
4 Aug 2009, 11:08 am
A corporation in which you directly or indirectly own more than 50% in value of the outstanding stock of the corporation. [read post]
