The subprime chickens are coming home to roost, as two former Bear Stearns executives face fraud charges over hedge fund management. Ralph Cioffi and Matthew Tannin will be the first Wall Street execs to face...
created by Jordan Yerman | 4 years ago | updated 4 years ago 893 views | 66 recommendations | 18 comments
"Dubai house prices rose 78 per cent in the year to the end of Q1, according to a report from Colliers International. But all the anecdotal evidence suggests that rising prices have continued since then, and may have considerably further to go as the Federal Reserve cuts...
In a recent poll commissioned by the American Bar Association, it was discovered that about 50 percent of Americans who currently have a mortgage are having concerns about staying in their homes and avoiding...
created by cassy82 | 4 years ago | updated 4 years ago 133 views | 2 recommendations | 0 comments
According to the data gathered by RealtyTrac, there has been a dramatic increase in foreclosures at the areas surrounding US military bases in the past year. The average increase was reported to be more than 80...
created by cassy82 | 4 years ago | updated 4 years ago 149 views | 0 recommendations | 0 comments
" Now we have Amlak Finance’s Easy Start mortgage which offers lower payments over the first four years of a home loan with increased payments from year five. On a Dhs1 million loan this cuts payments from Dhs9,500 on the normal finance rate of 7.75 per cent to Dhs6,458,...
Since the subprime mess started, California has recorded one of the highest foreclosures rate in the nation. With the state suffering from declining home prices and growing inventory of foreclosure homes, it is...
created by cassy82 | 4 years ago | updated 4 years ago 145 views | 0 recommendations | 1 comment
We have heard of excesses of loan recovery agents. But in a shocking incident in India's eastern state of West Bengal a man was forced to keep his newly married wife as mortgage after failing to repay loan. "You could call it Bengal’s heart of darkness. Unable to...
The Vetter needed Vetting, Johnson resigns from Obama's VP SearchA manager of Democrat Barack Obama's vice presidential search team resigned Wednesday amid criticism over his personal loan deals."Jim did not want...
created by Albert Milliron | 4 years ago | updated 4 years ago 256 views | 20 recommendations | 2 comments
In order to address the enduring foreclosure crisis,
the Senate has passed a mortgage rescue proposal that aims to help
distressed homeowners switch to government-backed mortgages under the
supervision of the...
created by cassy82 | 4 years ago | updated 4 years ago 128 views | 0 recommendations | 0 comments
In order to address the enduring foreclosure crisis,
the Senate has passed a mortgage rescue proposal that aims to help
distressed homeowners switch to government-backed mortgages under the
supervision of the...
created by cassy82 | 4 years ago | updated 4 years ago 94 views | 0 recommendations | 0 comments
An interesting development in the Australian housing market could be a lesson to lenders and legislators here in the states. Australia’s housing market is in no way in the poor shape that America’s is, as they...
created by cassy82 | 4 years ago | updated 4 years ago 132 views | 0 recommendations | 0 comments
"A few years ago, if you had a bankruptcy or a foreclosure on your credit report, you could forget about trying to get a mortgage loan. If you were lucky enough to find someone who would finance you, your interest rate would be through the roof and plan on putting 10-20% down."
created by muedora | 4 years ago 215 views | 0 recommendations | 3 comments
The new Foreclosure Aid bill made some headway in the Senate yesterday, as the Senate Banking Committee voted 19-2 in favor of the bill, the last hurdle now only being the general vote by the Senate. Many expect...
created by cassy82 | 4 years ago | updated 4 years ago 163 views | 2 recommendations | 1 comment
" “If no-money-down was the real estate password for the first half of the 2000s, “jingle-mail” might be the word for rest of it.” Says Michael Pollick in Herald Tribune on Thursday, 15 May 2008 CNBC asked...
created by scaramouche | 5 years ago | updated 5 years ago 215 views | 0 recommendations | 0 comments
If you are tired of renting an apartment or simply ready to take on mortgage payments; the first logical thing that you will do is browse for a house. You might wonder how seasoned buyers and investors manage to get their selves in the right position at the right time. The...
created by cassy82 | 5 years ago 120 views | 0 recommendations | 1 comment