2 Articles match "New York","Standards","Underwriter"

The Latest from RealtyTrac MORE
Don't Dump Investors
The investor double-standard is hardly hidden. See: From the New Deal, a Way Out of a Mess, The New York Times, Feb. Lenders, of course, gleefully finance investor properties with higher rates and tougher qualification standards than they require from owner-occupants. They would not make such loans if they produced ongoing losses, and they surely would not originate Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage
www.realtytrac.com - Tuesday, February 3, 2009
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No Mortgage Meltdown For These Banks
number of lenders have maintained traditional underwriting standards and mortgage offerings. 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. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from
www.realtytrac.com - Tuesday, February 3, 2009
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  • The Best from RealtyTrac MORE
  • No Mortgage Meltdown For These Banks
    number of lenders have maintained traditional underwriting standards and mortgage offerings. 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. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Don't Dump Investors
    The investor double-standard is hardly hidden. See: From the New Deal, a Way Out of a Mess, The New York Times, Feb. Lenders, of course, gleefully finance investor properties with higher rates and tougher qualification standards than they require from owner-occupants. They would not make such loans if they produced ongoing losses, and they surely would not originate Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE