2 Articles match "Houses","June","Prepayment"

The Latest from RealtyTrac MORE
Can "Appreciation Sharing" Solve The Mortgage Mess?
The just-passed Housing and Economic Recovery Act includes provisions that will help some 400,000 families replace toxic loans with FHA financing. We need financing for entry-level borrowers, we need mortgages for those who have a 640 credit score and not just 740 and we need to assure that people who have suffered from hard times have a way back into homeownership.” “The FHA,” says Saccacio, “re-started the housing market in the 1930s by popularizing a new concept, the long-term loan. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller  
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
Mortgage Reform to Calm Foreclosure Storm
In an attempt to address the recent downturn in the real estate market — evidenced by rising foreclosures and falling home prices and which many believe may threaten to undermine the overall economy — the House of Representatives yesterday passed a bill that imposes more stringent regulatory oversight of the mortgage industry. Revises requirements governing prepayment penalties. Called The Mortgage Reform and Anti-Predatory Lending Act of 2007, the bill ( H.R. 3915 ) claims to "amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Mortgage Reform to Calm Foreclosure Storm
    In an attempt to address the recent downturn in the real estate market — evidenced by rising foreclosures and falling home prices and which many believe may threaten to undermine the overall economy — the House of Representatives yesterday passed a bill that imposes more stringent regulatory oversight of the mortgage industry. Revises requirements governing prepayment penalties. Called The Mortgage Reform and Anti-Predatory Lending Act of 2007, the bill ( H.R. 3915 ) claims to "amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Can "Appreciation Sharing" Solve The Mortgage Mess?
    The just-passed Housing and Economic Recovery Act includes provisions that will help some 400,000 families replace toxic loans with FHA financing. We need financing for entry-level borrowers, we need mortgages for those who have a 640 credit score and not just 740 and we need to assure that people who have suffered from hard times have a way back into homeownership.” “The FHA,” says Saccacio, “re-started the housing market in the 1930s by popularizing a new concept, the long-term loan. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller  
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE