3 Articles match "Mortgage Insurance","Reform","Washington"

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No Mortgage Meltdown For These Banks
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. One result is that the mortgage meltdown is described in global terms, as if all lenders offered toxic loans during the past few years and the entire financial community is universally in trouble. Famous lenders with once-fabulous finances are turning up in the headlines among the broke and busted. The facts are different.
www.realtytrac.com - Tuesday, February 3, 2009
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Can "Appreciation Sharing" Solve The Mortgage Mess?
Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller     We’re about to see something new in the mortgage marketplace: The government is going to insure huge numbers of shared-appreciation mortgages, a type of home financing rarely seen in the U.S. 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. It’s a big experiment and it raises a bigger question: Is this the loan of the future?
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. Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Can "Appreciation Sharing" Solve The Mortgage Mess?
    Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller     We’re about to see something new in the mortgage marketplace: The government is going to insure huge numbers of shared-appreciation mortgages, a type of home financing rarely seen in the U.S. 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. It’s a big experiment and it raises a bigger question: Is this the loan of the future?
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • 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. Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • No Mortgage Meltdown For These Banks
    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. One result is that the mortgage meltdown is described in global terms, as if all lenders offered toxic loans during the past few years and the entire financial community is universally in trouble. Famous lenders with once-fabulous finances are turning up in the headlines among the broke and busted. The facts are different.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE