5 Articles match "Collections","Real Estate","Washington"

The Latest from RealtyTrac MORE
No Mortgage Meltdown For These Banks
But the real story with foreclosures is different: The fact that a loan is delinquent does not mean foreclosure is sure to follow. In a remarkable advocacy ad in The Washington Post , ING said “we believe that lending institutions should share responsibility with the people to whom they lend. Unlike local lenders, originators and far-off investors are unlikely to have any relationship with the borrower beyond collecting monthly payments. “Put No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
Can "Appreciation Sharing" Solve The Mortgage Mess?
But for those with toxic loans, a high-cost mortgage with sane terms is better than foreclosure, bankruptcy and having your stuff sitting on the curb. Equity Sharing During the past few months there has been a huge debate in Washington regarding how to assist those with toxic loans, assuming they should get any assistance at all. The Black Lung Benefits Revenue Act of 1981 created a new way to own and invest in real estate: Equity sharing. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller     We’re
www.realtytrac.com - Tuesday, February 3, 2009
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
  • The Best from RealtyTrac MORE
  • U.S. Foreclosure Laws
    Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls. State Foreclosure Laws Quickly locate and review the foreclosure law specific to your state � or any state you�re considering investing in. Select A State Alabama Alaska Arizona Arkansas California Colorado Connecticut
    www.realtytrac.com - Tuesday, February 3, 2009
    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
  • Can "Appreciation Sharing" Solve The Mortgage Mess?
    But for those with toxic loans, a high-cost mortgage with sane terms is better than foreclosure, bankruptcy and having your stuff sitting on the curb. Equity Sharing During the past few months there has been a huge debate in Washington regarding how to assist those with toxic loans, assuming they should get any assistance at all. The Black Lung Benefits Revenue Act of 1981 created a new way to own and invest in real estate: Equity sharing. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller     We’re
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • No Mortgage Meltdown For These Banks
    But the real story with foreclosures is different: The fact that a loan is delinquent does not mean foreclosure is sure to follow. In a remarkable advocacy ad in The Washington Post , ING said “we believe that lending institutions should share responsibility with the people to whom they lend. Unlike local lenders, originators and far-off investors are unlikely to have any relationship with the borrower beyond collecting monthly payments. “Put No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 Does this make it a good time to buy real estate? have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. Prices
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE