18 Articles match "2009","Citi","Properties"

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No Mortgage Meltdown For These Banks
Let me introduce you to Hudson City Bancorp and ING Direct. Hudson City Bancorp Situated in Paramus, N.J., not far from Manhattan, Hudson City Bancorp has a lending philosophy that dates back decades: You can get a dull, boring, mortgage from Hudson at a very low rate — but only if you put equity into the property. As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during No Mortgage Meltdown For These Banks By Peter G. Miller     The news from
www.realtytrac.com - Tuesday, February 3, 2009
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High-End Foreclosures Rising Among Top Tier Homes
But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two
www.realtytrac.com - Tuesday, February 3, 2009
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Avoid and Stop Foreclosure - Help at RealtyTrac
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www.realtytrac.com - Tuesday, February 3, 2009
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