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2 May 2010, 1:55 pm by Randall Reese
American Mortgage Acceptance Company - This real estate investment trust which focuses on multifamily and commercial property mortgage loans filed on April 26th in New York. [read post]
1 May 2010, 11:28 am by John Watts & M. Stan Herring
Instead of mortgage companies holding mortgages for 30 years or until the home is sold or refinanced, we now have companies that immediately sell the loans to a company called a "depositor" who then supposedly sells the loans to a Trust. . . . but . . . [read post]
30 Apr 2010, 10:43 pm by John Watts & M. Stan Herring
Yet another difficulty with the short sale is that many sellers have not only primary mortgages, but also multiple home equity loans. [read post]
28 Apr 2010, 4:45 am by admin
., (GS) which he said show that the firm held significant short positions against the mortgage market and subprime loans underlying collateralized debt obligations that it packaged and… Read this entire article for free, simply activate your free 15 day trial access to Alternative Investment Law Report now. [read post]
28 Apr 2010, 2:36 am by John Watts & M. Stan Herring
Homeowners often wonder "Why won't the mortgage company (or servicer) agree to modify my loan so I can avoid foreclosure and still make payments every month? [read post]
26 Apr 2010, 9:00 am
Real property - China's State Council (Cabinet) issued a notice on April 17, 2010, authorizing banks to refuse mortgage loans to purchasers of third homes and to those unable to give proof of either residence in a city or... [read post]
23 Apr 2010, 9:00 am by Lucas A. Ferrara, Esq.
Adding to the increase flow of distressed assets is the fact that advantageous mortgage terms are beginning to expire. [read post]
23 Apr 2010, 7:38 am
Countrywide Home Loans in $150 Million Fight With Mortgage Insurer The Recorder In a case born out of the mortgage crisis, one of the United States' largest home lenders is trying to force its mortgage insurer to pay up on claims in at least 1,400 loans. [read post]
22 Apr 2010, 10:06 pm by Walter Olson
The city is trying to keep alive its litigation blaming urban decay on mortgage lenders. [read post]
21 Apr 2010, 6:05 pm by John Watts & M. Stan Herring
" Some of the problems stem from the difficulty banks face in proving they own the loans, thanks to the complexity of the mortgage market. [read post]
21 Apr 2010, 6:43 am by admin
  Does the finding apply at the metropolitan level, the city level, or the neighborhood level? [read post]
20 Apr 2010, 11:49 am by admin
  Basically, they use an observant-herd theory – people whose neighbors keep up with their loans stay out of default, those with neighbors defaulting right and left jump into the pool with them. [read post]
20 Apr 2010, 9:19 am
As a municipality that California acquiesced to cover loans that Vallejo was borrowing November voter results caused a renewal of the city's existing telecommunications utility users tax, worth about $5.2 million, to quote the article. [read post]
20 Apr 2010, 6:00 am
  Remember Madoff, Enron, CITI Group, sub-prime mortgages, liar's loans, Wall Street's faulty accounting, multi-million dollar bonuses while your stock price tanked, phen-fen pills that caused heart valve problems and the billions of dollars in government procurement fraud? [read post]
20 Apr 2010, 4:44 am by John Watts & M. Stan Herring
Just fill out the form below: Contact Information First Name * Last Name * Email * Street Address 1 Street Address 2 City * State * Zip Code [read post]
18 Apr 2010, 11:18 pm by John Watts & M. Stan Herring
Like all loans, mortgage contracts are based on a promise to repay money borrowed," Lowman's prepared remarks read. [read post]
18 Apr 2010, 8:26 pm by John Watts & M. Stan Herring
Mortgage rates and car loans are linked to the yield on long-term bonds. [read post]
16 Apr 2010, 10:59 am by Elie Mystal
” Wells Fargo was generally perceived as one of the higher-quality subprime loan originators. [read post]
16 Apr 2010, 8:25 am by admin
Smith   In yesterday’s post, we opened the topic of ’strategic’ mortgage defaults – defined somewhat loosely as not paying your mortgage when someone thinks you could have done so – and saw, via a Luigi Zingales article in City Journal, that at least in five states – Arizona, California, Florida, Michigan, and Nevada – the numbers of home owners who are theoretically underwater (at current resale prices) is truly frightening,… [read post]