4 Articles match "Book","Properties","Washington"

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No Mortgage Meltdown For These Banks
not far from Manhattan, Hudson City Bancorp has a lending philosophy that dates back decades: You can get a dull, boring, mortgage from Hudson at a very low rate — but only if you put equity into the property. As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. percent of No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
www.realtytrac.com - Tuesday, February 3, 2009
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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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Foreclosure Fouls Up Sports Stars
Canseco owed Washington Mutual more than $2.5 The property has since gone back to the lender as an REO. Canseco bought the property back in April 2005 for almost $2.8 rdquo; The author of two books, Canseco has most recently made headlines in the controversy over the use of steroids by professional athletes. It’s not just average Americans who are losing their homes to foreclosure these days. Even rich and famous athletes who earned millions of dollars during their careers can be subjected to the emotional highs and lows of losing a home.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Two Heavy Hitters Slapped with Foreclosure Notices
    mdash; worth an estimated $10 million — is under foreclosure and is set to be auctioned by Washington Mutual on July 1, according to the Fayette Daily News . But the ex-champ has taken a one-two punch where it hurts the most — his pocket book. The property, which went into foreclosure in April, sits on 30 acres with its own lake. Former heavyweight boxing champion Evander Holyfield is on the foreclosure ropes. Holyfield’s palatial 235-acre estate in Fayette County, Ga. —
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Fouls Up Sports Stars
    Canseco owed Washington Mutual more than $2.5 The property has since gone back to the lender as an REO. Canseco bought the property back in April 2005 for almost $2.8 rdquo; The author of two books, Canseco has most recently made headlines in the controversy over the use of steroids by professional athletes. It’s not just average Americans who are losing their homes to foreclosure these days. Even rich and famous athletes who earned millions of dollars during their careers can be subjected to the emotional highs and lows of losing a home.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ 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
  • No Mortgage Meltdown For These Banks
    not far from Manhattan, Hudson City Bancorp has a lending philosophy that dates back decades: You can get a dull, boring, mortgage from Hudson at a very low rate — but only if you put equity into the property. As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. percent of No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE