3 Articles match "Alt-A","Houses","Residential"

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Option ARM Borrowers Running Out Of Time
You say you want to buy a home but have no money. Well dont worry about a thing. Youve got a friend in the business. Fitch Ratings says in a just-issued report that option ARMs worth $200 billion are now outstanding. According to Fitch "the potential average payment increase on this 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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Fannie: Q1 a Swift Kick in the Rear
It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. And as with many corporations in this country, the national economy is kicking Fannie around…fast and hard! One of the nation’s two Government Sponsored Enterprises (GSEs), Fannie reported a first quarter net loss of $2.2 billion — attributable at least in part to an increased number of foreclosures. Although an improvement over the $3.6
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Home Price Indices Reporting Record Lows
Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7 On a year-over-year basis the OFHEO reports that prices fell 3.1 percent for the quarter, the largest quarterly price decline on record, based solely on purchase-only transactions (without refinancings). percent between Q1 2007 and Q1 2008 to the lowest level seen in the 17-year history of its purchase-only
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Home Price Indices Reporting Record Lows
    Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7 On a year-over-year basis the OFHEO reports that prices fell 3.1 percent for the quarter, the largest quarterly price decline on record, based solely on purchase-only transactions (without refinancings). percent between Q1 2007 and Q1 2008 to the lowest level seen in the 17-year history of its purchase-only
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Fannie: Q1 a Swift Kick in the Rear
    It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. And as with many corporations in this country, the national economy is kicking Fannie around…fast and hard! One of the nation’s two Government Sponsored Enterprises (GSEs), Fannie reported a first quarter net loss of $2.2 billion — attributable at least in part to an increased number of foreclosures. Although an improvement over the $3.6
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Option ARM Borrowers Running Out Of Time
    You say you want to buy a home but have no money. Well dont worry about a thing. Youve got a friend in the business. Fitch Ratings says in a just-issued report that option ARMs worth $200 billion are now outstanding. According to Fitch "the potential average payment increase on this Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up folks.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE