3 Articles match "Balance","Maine","Washington"

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Wachovia Changes The Lending Game
If that happens, the Wachovia plan may well be responsible for saving tens of thousands of families from foreclosure.” Washington On Capitol Hill, both the House and the Senate have passed measures that would allow the FHA to insure up to $300 billion in special mortgages for those facing foreclosure. This new prepayment policy, said Laurent Bossard, WMC’s chief executive officer, “provides borrowers with enhanced flexibility to avoid prepayment fees.” “Just as in the case with WMC, the Wachovia initiative will change the mortgage debate in Washington,” added RealtyTrac’s Saccacio.
www.realtytrac.com - Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
We tried to do the right thing but are personally a bit peeved because we worked hard, paid our bills, and bit the bullet and sold in a downward market and now people who are in foreclosure or defaulting because they took out big loans they couldnt afford and pay for, who bought Hummers, boats, and luxury items with second mortgages are now to be forgiven with the banks; getting their balances lowered to market values and lower interest rates to fit into their budget. We don’t have a problem getting a loan, but the main issue we are facing now as a buyer is that prices are still too high,
www.foreclosurepulse.com - Tuesday, December 16, 2008
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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. They are the ones that are causing this to go under, and there’s no transparency, no accountability,” Biden told The Washington Post . With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Wachovia Changes The Lending Game
    If that happens, the Wachovia plan may well be responsible for saving tens of thousands of families from foreclosure.” Washington On Capitol Hill, both the House and the Senate have passed measures that would allow the FHA to insure up to $300 billion in special mortgages for those facing foreclosure. This new prepayment policy, said Laurent Bossard, WMC’s chief executive officer, “provides borrowers with enhanced flexibility to avoid prepayment fees.” “Just as in the case with WMC, the Wachovia initiative will change the mortgage debate in Washington,” added RealtyTrac’s Saccacio.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • 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. They are the ones that are causing this to go under, and there’s no transparency, no accountability,” Biden told The Washington Post . With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    We tried to do the right thing but are personally a bit peeved because we worked hard, paid our bills, and bit the bullet and sold in a downward market and now people who are in foreclosure or defaulting because they took out big loans they couldnt afford and pay for, who bought Hummers, boats, and luxury items with second mortgages are now to be forgiven with the banks; getting their balances lowered to market values and lower interest rates to fit into their budget. We don’t have a problem getting a loan, but the main issue we are facing now as a buyer is that prices are still too high,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE