3 Articles match "Alt-A","Properties","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
On a year-over-year basis the OFHEO reports that prices fell 3.1 Due to the nature of the data it collects, the OFHEO’s index tracks prices paid for homes financed using conventional and conforming loans, not subprime, Alt-A or any other “exotic” loan product. “On Results of its first quarter 2008 survey revealed a 6.7 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
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac 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
  • Home Price Indices Reporting Record Lows
    On a year-over-year basis the OFHEO reports that prices fell 3.1 Due to the nature of the data it collects, the OFHEO’s index tracks prices paid for homes financed using conventional and conforming loans, not subprime, Alt-A or any other “exotic” loan product. “On Results of its first quarter 2008 survey revealed a 6.7 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
    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