2 Articles match "Homes","New Jersey","Quarterly"

The Latest from RealtyTrac MORE
No Mortgage Meltdown For These Banks
They thought long-term instead of quarterly; made sure their underwriting standards made sense and now show profits.” Which lenders? 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. million in the second quarter — that’s up 52 percent from a year earlier. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks
www.realtytrac.com - Tuesday, February 3, 2009
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Study Forecasts Rising Subprime Foreclosures
A new study released yesterday by the Center for Responsible Lending projects that one out of five subprime mortgages originated in the past two years will end in foreclosure, costing homeowners as much as $164 billion. “This rate is nearly double the projected rate of subprime loans made in 2002, and it exceeds the worst foreclosure experience in the modern mortgage market, which occurred during the “Oil Patch” disaster of the 1980s. The study argues that subprime foreclosures will heavily impact the overall housing market because subprime loans now make up a quarter of all home
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Study Forecasts Rising Subprime Foreclosures
    A new study released yesterday by the Center for Responsible Lending projects that one out of five subprime mortgages originated in the past two years will end in foreclosure, costing homeowners as much as $164 billion. “This rate is nearly double the projected rate of subprime loans made in 2002, and it exceeds the worst foreclosure experience in the modern mortgage market, which occurred during the “Oil Patch” disaster of the 1980s. The study argues that subprime foreclosures will heavily impact the overall housing market because subprime loans now make up a quarter of all home
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • No Mortgage Meltdown For These Banks
    They thought long-term instead of quarterly; made sure their underwriting standards made sense and now show profits.” Which lenders? 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. million in the second quarter — that’s up 52 percent from a year earlier. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE