2 Articles match "Foreclose","Maine","Origination"

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Wachovia Changes The Lending Game
Additionally, for all new loan originations, Wachovia is discontinuing offering products that include payment options resulting in negative amortization.” “This is one of the most-enlightened decisions by a major lender in the past 18 months,” says James J. In either case, the lender collects the original loan amount, monthly payments for five years plus negative amortization. Wachovia Changes The Lending Game By Peter G. Miller     With assets of more than $800 billion, Wachovia is the nation’s fourth-largest banking institution
www.realtytrac.com - Tuesday, February 3, 2009
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
And homeowners from California to Maine were left wishing they had a way to close the floodgates, stopping foreclosure of their homes immediately. Its suggestions: increase federal support for local foreclosure prevention programs; strengthen and reform the FHA; strengthen regulation of mortgage origination at the federal level; create a federal anti-predatory lending law that bans unfair and deceptive practices; establish borrowers ability to pay standards; and disclosure relating to alternative mortgage products must be enhanced. Denvers Foreclosure Task Force recently issued
www.realtytrac.com - Tuesday, February 3, 2009
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  • Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
    And homeowners from California to Maine were left wishing they had a way to close the floodgates, stopping foreclosure of their homes immediately. Its suggestions: increase federal support for local foreclosure prevention programs; strengthen and reform the FHA; strengthen regulation of mortgage origination at the federal level; create a federal anti-predatory lending law that bans unfair and deceptive practices; establish borrowers ability to pay standards; and disclosure relating to alternative mortgage products must be enhanced. Denvers Foreclosure Task Force recently issued
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Wachovia Changes The Lending Game
    Additionally, for all new loan originations, Wachovia is discontinuing offering products that include payment options resulting in negative amortization.” “This is one of the most-enlightened decisions by a major lender in the past 18 months,” says James J. In either case, the lender collects the original loan amount, monthly payments for five years plus negative amortization. Wachovia Changes The Lending Game By Peter G. Miller     With assets of more than $800 billion, Wachovia is the nation’s fourth-largest banking institution
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE