2 Articles match "Collections","Reform","Washington"

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No Mortgage Meltdown For These Banks
At the time of that debate virtually all banks, credit card companies, student loan lenders, car financing firms and related businesses stridently supported bankruptcy “reform” — but one notable exception was ING DIRECT. 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. 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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Can "Appreciation Sharing" Solve The Mortgage Mess?
The hook is this: Under the FHA reform measure borrowers and lenders who take advantage of the HOPE for Homeowners program will face stiff fees and big costs. 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. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller
www.realtytrac.com - Tuesday, February 3, 2009
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  • The Best from RealtyTrac MORE
  • Can "Appreciation Sharing" Solve The Mortgage Mess?
    The hook is this: Under the FHA reform measure borrowers and lenders who take advantage of the HOPE for Homeowners program will face stiff fees and big costs. 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. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • No Mortgage Meltdown For These Banks
    At the time of that debate virtually all banks, credit card companies, student loan lenders, car financing firms and related businesses stridently supported bankruptcy “reform” — but one notable exception was ING DIRECT. 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. 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