3 Articles match "Cleveland","Points"

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New York Versus Freddie Mac: Round One
An investor in Dubai, London or Hong Kong — or in San Diego, Orlando or Cleveland — has no way to oversee lenders in Poughkeepsie, Buffalo or Utica. Brad German, the chief spokesman for Freddie Mac, said the new law lays out 20 specific requirements that brokers and lenders must adhere to when making new loans. “If any of the requirements aren’t followed,” says German, “the investor becomes liable and the borrower can use the omission to defend against a foreclosure in court which means our ability to manage risk and legal liability depends on lender/broker actions that we are not in
www.realtytrac.com - Tuesday, February 3, 2009
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California Tops PMI's Risk Index
Based on a 1000 point scale, that score translates into a 34.2 Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Market Risk Index just released by the PMI Mortgage Insurance Co.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Lenders help their customers curb foreclosures
headquartered in Cleveland, Ohio — is working with churches, social workers and the United Way to help troubled borrowers avoid foreclosure. NovaStar’s Launch-Point program has helped more than 1,036 NovaStar borrowers find work without charging them a penny, according to the Columbus Dispatch . Launch-Point helps job-hunting mortgage customers prepare resumes, practice for job interviews, find job openings and evaluate how the real As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Lenders help their customers curb foreclosures
    headquartered in Cleveland, Ohio — is working with churches, social workers and the United Way to help troubled borrowers avoid foreclosure. NovaStar’s Launch-Point program has helped more than 1,036 NovaStar borrowers find work without charging them a penny, according to the Columbus Dispatch . Launch-Point helps job-hunting mortgage customers prepare resumes, practice for job interviews, find job openings and evaluate how the real As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • California Tops PMI's Risk Index
    Based on a 1000 point scale, that score translates into a 34.2 Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Market Risk Index just released by the PMI Mortgage Insurance Co.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • New York Versus Freddie Mac: Round One
    An investor in Dubai, London or Hong Kong — or in San Diego, Orlando or Cleveland — has no way to oversee lenders in Poughkeepsie, Buffalo or Utica. Brad German, the chief spokesman for Freddie Mac, said the new law lays out 20 specific requirements that brokers and lenders must adhere to when making new loans. “If any of the requirements aren’t followed,” says German, “the investor becomes liable and the borrower can use the omission to defend against a foreclosure in court which means our ability to manage risk and legal liability depends on lender/broker actions that we are not in
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE