26 Articles match "2009","Period","Properties"

The Latest from RealtyTrac MORE
Don't Dump Investors
23, 2008.) Our Secretary of the Treasury, Henry Paulson, says “as our economy works through this difficult period, we will look for additional opportunities to try to avoid preventable foreclosures. Because investor properties lost to foreclosure will continue to flood the market, driving down all home values. Long-term holders of real estate have commonly benefited from Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage of government
www.realtytrac.com - Tuesday, February 3, 2009
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No Mortgage Meltdown For These Banks
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 a recent 12-month period. percent No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
www.realtytrac.com - Tuesday, February 3, 2009
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Option ARM Borrowers Running Out Of Time
Among these loans, Fitch expects roughly $29 billion to recast by the end of 2009 and an additional $67 billion to recast in 2010 -- thats almost half of all the option loans now held by lenders. (See: Rather than amortizing the loan -- reducing the debt with each payment -- option ARMs allow borrowers to make interest-only payments during the start period. With higher home values Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up folks.
www.realtytrac.com - Tuesday, February 3, 2009
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