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3 Articles match "Book","September"
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No Mortgage Meltdown For These Banks
Speaking at the start of September, Hermance said his bank had some 80,000 mortgages outstanding. As Higgins explains, you can’t focus on near-term profitability when loans stay on your books for years. 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
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. Had the new law been on the books last year, it would have affected very few of the NY mortgages we purchased.” Also, German says that under Freddie Mac guidelines the company has not bought “high cost loans” in New York state since 2003. New York Versus Freddie Mac: Round One By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
Foreclosure Fouls Up Sports Stars
rdquo; The author of two books, Canseco has most recently made headlines in the controversy over the use of steroids by professional athletes. Citizens Bank filed foreclosure proceedings against Sprewell because he failed to make his mortgage payments of $2,593 per month since last September and owed the bank $320,284. 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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The Best from RealtyTrac
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MORE
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Foreclosure Fouls Up Sports Stars
rdquo; The author of two books, Canseco has most recently made headlines in the controversy over the use of steroids by professional athletes. Citizens Bank filed foreclosure proceedings against Sprewell because he failed to make his mortgage payments of $2,593 per month since last September and owed the bank $320,284. 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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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. Had the new law been on the books last year, it would have affected very few of the NY mortgages we purchased.” Also, German says that under Freddie Mac guidelines the company has not bought “high cost loans” in New York state since 2003. New York Versus Freddie Mac: Round One By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
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No Mortgage Meltdown For These Banks
Speaking at the start of September, Hermance said his bank had some 80,000 mortgages outstanding. As Higgins explains, you can’t focus on near-term profitability when loans stay on your books for years. 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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