2 Articles match "2007","Foreclose","Secondary Market"

The Latest from RealtyTrac MORE
National Registration For Loan Officers Becomes Reality
Saccacio, chief executive officer at RealtyTrac.com , the nation’s largest source of foreclose listings and data. “A study by the Miami Herald found that just in Florida “from 2000 to 2007, regulators allowed at least 10,529 people with criminal records to work in the mortgage profession. percent of Smith’s loans are foreclosed that could result in a high score. National Registration For Loan Officers Becomes Reality By Peter G. Miller     What do you know about your loan officer?
www.realtytrac.com - Tuesday, February 3, 2009
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Big Ben Is Finally Talking Foreclosures
And the fact that the number of vacant homes had risen to more than 2 million units at year-end 2007. Bringing the lending limits of FHA originated loans to higher amounts — a measure enacted recently as part of the economic stimulus package passed by Congress and signed by President Bush — and allowing Fannie Mae and Freddie Mac to purchase those loans and sell them on the secondary market would be highly beneficial to the economy, he noted. For now the inventory Big Ben Bernanke, that guy at the top of the nation’s financial food chain, finally admitted Tuesday in an address to a group of the nation’s community bankers that foreclosures are not going to go away anytime soon. The Fed Chief gave two reasons for the bleak forecast (both of which have been espoused in previous posts in this blog): 1) further declines in housing prices are expected; and 2) significant resets of adjustable interest rates to unaffordable levels for many borrowers who were convinced to take out the more risky loan products of the past few years.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Big Ben Is Finally Talking Foreclosures
    And the fact that the number of vacant homes had risen to more than 2 million units at year-end 2007. Bringing the lending limits of FHA originated loans to higher amounts — a measure enacted recently as part of the economic stimulus package passed by Congress and signed by President Bush — and allowing Fannie Mae and Freddie Mac to purchase those loans and sell them on the secondary market would be highly beneficial to the economy, he noted. For now the inventory Big Ben Bernanke, that guy at the top of the nation’s financial food chain, finally admitted Tuesday in an address to a group of the nation’s community bankers that foreclosures are not going to go away anytime soon. The Fed Chief gave two reasons for the bleak forecast (both of which have been espoused in previous posts in this blog): 1) further declines in housing prices are expected; and 2) significant resets of adjustable interest rates to unaffordable levels for many borrowers who were convinced to take out the more risky loan products of the past few years.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • National Registration For Loan Officers Becomes Reality
    Saccacio, chief executive officer at RealtyTrac.com , the nation’s largest source of foreclose listings and data. “A study by the Miami Herald found that just in Florida “from 2000 to 2007, regulators allowed at least 10,529 people with criminal records to work in the mortgage profession. percent of Smith’s loans are foreclosed that could result in a high score. National Registration For Loan Officers Becomes Reality By Peter G. Miller     What do you know about your loan officer?
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE