4 Articles match "Foreclosures","Freddie Mac","New York"

The Latest from RealtyTrac MORE
No Mortgage Meltdown For These Banks
Saccacio, chief executive officer at the country’s largest provider of foreclosure data and listings, RealtyTrac.com . “Instead, Hudson has deposits of $49 billion, a network of 125 branches in New Jersey, New York and Connecticut and just 1,350 employees — a fraction of the workforce one would find with banks of similar size. But the real story with foreclosures is different: The fact that a loan is delinquent does not mean foreclosure No Mortgage Meltdown For These Banks By Peter G. Miller     The news from
www.realtytrac.com - Tuesday, February 3, 2009
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New York Versus Freddie Mac: Round One
New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York. 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. This is a big deal because if New York lenders can’t sell mortgages to buyers such as Freddie Mac, they simply won’t make such loans.
www.realtytrac.com - Tuesday, February 3, 2009
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As Foreclosures Mount, Candidates React to the Credit Crisis
With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign. Sensing an opportunity to win votes, the major presidential candidates have come out swinging; proposing a variety of prescriptions to ease the worsening housing slump.Both the White House and Democrat leaders in Congress agree that something must be done to stop the foreclosures. Yearning to retake the GOP-controlled White House next year, the Democrats are clamoring for the federal government to do something, anything, to contain the crisis.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • New York Versus Freddie Mac: Round One
    New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York. 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. This is a big deal because if New York lenders can’t sell mortgages to buyers such as Freddie Mac, they simply won’t make such loans.
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Bush Mortgage Freeze Could Expand to Prime Loans
    It seems like Treasury Secretary Henry Paulson has been spending the new year defending his boss’ “Hope Now” plan to ease the pain of foreclosure and to give the U.S. So far this week Paulson made a speech in New York on Monday defending the president’s Hope Now alliance which has been together a mere three months. The Administration is also calling on Congress to pass legislation to take economy the boost it needs to sustain itself. In the process the secretary justified the need for the industry coalition, while calling on Congress to expedite legislation to reform
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • As Foreclosures Mount, Candidates React to the Credit Crisis
    With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign. Sensing an opportunity to win votes, the major presidential candidates have come out swinging; proposing a variety of prescriptions to ease the worsening housing slump.Both the White House and Democrat leaders in Congress agree that something must be done to stop the foreclosures. Yearning to retake the GOP-controlled White House next year, the Democrats are clamoring for the federal government to do something, anything, to contain the crisis.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • No Mortgage Meltdown For These Banks
    Saccacio, chief executive officer at the country’s largest provider of foreclosure data and listings, RealtyTrac.com . “Instead, Hudson has deposits of $49 billion, a network of 125 branches in New Jersey, New York and Connecticut and just 1,350 employees — a fraction of the workforce one would find with banks of similar size. But the real story with foreclosures is different: The fact that a loan is delinquent does not mean foreclosure No Mortgage Meltdown For These Banks By Peter G. Miller     The news from
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE