5 Articles match "Bond","Homes","Income"

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• Defaults Drive Subprime Lending Restraint
  
  Reuters reported yesterday that Fremont Investment and Loan, the nations fifth-biggest originator of subprime loans last year, was able to lower its early default rate from nearly 6 percent in mid-2006 to 3 percent through measures that included cutting ties with about 8,000 brokers whose loans were identified as contributing to the lender’s high default rate Fremont also cut down on the number of so-called stated income loans, which allow borrowers to obtain a loan without proof of income, and reduced the number of 80-20 loans, in which borrowers simultaneously take out a first and second
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Free foreclosure help and avoiding foreclosure information - RealtyTrac
  
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  www.realtytrac.com - Tuesday, February 3, 2009
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• First-Time Buyers Get Help with CA Foreclosure Purchase
  
  First-time homebuyers in California are getting help in purchasing their piece of the American Dream thanks to a public-private partnership and $200 million in bond funds allocated to the California Housing Finance Agency (CalFHA). Gov. Arnold Schwartzenegger announced Monday that CalFHA’s Community Stabilization Home Loan Program will dole out the money, expected to help as many as 1,000 Californians obtain their piece of homeownership. But there is a catch! The catch is buyers have to be willing to buy their dream home in one of the designated areas approved by
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Long-Term Solution for Fannie and Freddie Dilemma
  
  home mortgages. If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. They are profit-seeking "companies" in the sense of shareholders and being in business but they are also GSEs -- government-sponsored enterprises, companies started by the federal government and companies endowed Long-Term Solution for Fannie and Freddie Dilemma By Peter G.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Don't Dump Investors
  
  These efforts are to help American families who both want to and can, through a loan modification or re-financing, stay in their homes.” Its not the governments job to bail out speculators, or those who made the decision to buy a home they knew they could never afford.” Because investor properties lost to foreclosure will continue to flood the market, driving down all home values. Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage
  www.realtytrac.com - Tuesday, February 3, 2009
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