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3 Articles match "Balance","Maine","Sales"
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The Latest from RealtyTrac
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Wachovia Changes The Lending Game
In effect, waiving prepayment penalties that may not be collected is far better than losing homes to foreclosures and short sales. Negative Amortization Wachovia is also trying to make the best of a bad situation in another way: If it can get option ARMs refinanced it may be able to capture some of the “negative amortization” owed by borrowers. The interest not paid does not disappear however, instead it’s added to the loan balance in a process called negative amortization . Wachovia Changes The Lending Game By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
As Foreclosures Mount, Candidates React to the Credit Crisis
Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. Brokers should have to act either as agents of the borrower, thereby owing them a fiduciary duty, or as agents of the lenders, who would be responsible for the brokers' sales practices.”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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As Foreclosures Mount, Candidates React to the Credit Crisis
Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. Brokers should have to act either as agents of the borrower, thereby owing them a fiduciary duty, or as agents of the lenders, who would be responsible for the brokers' sales practices.”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Wachovia Changes The Lending Game
In effect, waiving prepayment penalties that may not be collected is far better than losing homes to foreclosures and short sales. Negative Amortization Wachovia is also trying to make the best of a bad situation in another way: If it can get option ARMs refinanced it may be able to capture some of the “negative amortization” owed by borrowers. The interest not paid does not disappear however, instead it’s added to the loan balance in a process called negative amortization . Wachovia Changes The Lending Game By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
The estimates ranged from 25 to 40 percent from peak to trough, but all the economists thought prices could overshoot going down (as they did going up) and could be down as much as 55 percent in parts of Southern California.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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