4 Articles match "Balance","Sales","September"

The Latest from RealtyTrac MORE
Option ARM Borrowers Running Out Of Time
See: "Option ARMs, Its Later Than It Seems," September 2008.) For instance, to reduce down payment requirements borrowers could buy with "piggyback" financing, deals with a first loan equal to 80 percent of the purchase price and a second loan equal to 10 percent, 15 percent and even 20 percent of the sale value. The rules for option ARMs often say that when the loan balance grows to 110 percent of the original debt the loan must then be recast . Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up
www.realtytrac.com - Tuesday, February 3, 2009
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New York Versus Freddie Mac: Round One
On one side is newly-passed state legislation which sets tough standards for subprime and “high cost” loans and on the other is Freddie Mac, which says it won’t buy such loans in the state after September 1st, the day the new law goes into effect. You can guess what happens next: No subprime loans, no high cost loans, no buyers, no sales. New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
www.realtytrac.com - Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
We sold a condo and bought a single-family home.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Fed Plays a Delicate Balancing Game With Rate Cut
    The move was seen as necessary to maintain a delicate balance between managing inflation and fostering economic growth. Today’s action, combined with the policy action taken in September, should help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets and promote moderate growth over time,” the FOMC said in a statement published October 31. Then there’s the nation’s retail industry, In a move aimed at quelling fears of a looming recession, the Federal Open Market Committee took the country’s teetering monetary affairs seriously two weeks ago and lowered the short term federal funds rate another quarter of a percentage point to 4.5
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Option ARM Borrowers Running Out Of Time
    See: "Option ARMs, Its Later Than It Seems," September 2008.) For instance, to reduce down payment requirements borrowers could buy with "piggyback" financing, deals with a first loan equal to 80 percent of the purchase price and a second loan equal to 10 percent, 15 percent and even 20 percent of the sale value. The rules for option ARMs often say that when the loan balance grows to 110 percent of the original debt the loan must then be recast . Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • New York Versus Freddie Mac: Round One
    On one side is newly-passed state legislation which sets tough standards for subprime and “high cost” loans and on the other is Freddie Mac, which says it won’t buy such loans in the state after September 1st, the day the new law goes into effect. You can guess what happens next: No subprime loans, no high cost loans, no buyers, no sales. New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    We sold a condo and bought a single-family home.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE