3 Articles match "Release","Washington","Washington Mutual"

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40 Is the New 30 for Lenders and Investors
Wells Fargo, for example, just announced that it is joining the growing number of lenders, like Washington Mutual and Bank of America, that are offering 40-year fixed-rate loans. Tauting the lower monthly payments the new product offers will appeal to first-time buyers, consumers in high-cost markets, real estate investors and buyers on a fixed income, the companys press release also warns that equity will build up more slowly as a result of the lower payments and a lot more total interest will be paid over the extra 10 years. Well, as Fed Chairman Ben Bernanke decides on his next move -- will he or wont he ratchet up interest rates another 25 basis points next month as most economists are predicting -- mortgage lenders are also pondering their next moves.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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And the Hits' Just Keep On Coming!
Washington Mutual and Merrill Lynch. Now with the first week of October behind us, Citigroup, Washington Mutual (WaMu as it likes to be known) and Merrill Lynch announced their organizations would be taking major hits in the pocketbook for the third quarter of 2007. As for Merrill Lynch , a release distributed Friday by the company said it also expects to report a loss for the third quarter. Countrywide. Citigroup.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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When Foreclosure Is Not Politically Correct
At the time of sale Richardson allegedly owed her lender, Washington Mutual, more than $578,000 thanks to the 100 percent financing used to purchase the home and the additional fees and costs incurred by foreclosure. A story released by Capitol Weekly says that Richardson let the property slip into default when she was running for the seat she now occupies in the U.S. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures. But the topic of foreclosure recently became
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • And the Hits' Just Keep On Coming!
    Washington Mutual and Merrill Lynch. Now with the first week of October behind us, Citigroup, Washington Mutual (WaMu as it likes to be known) and Merrill Lynch announced their organizations would be taking major hits in the pocketbook for the third quarter of 2007. As for Merrill Lynch , a release distributed Friday by the company said it also expects to report a loss for the third quarter. Countrywide. Citigroup.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 40 Is the New 30 for Lenders and Investors
    Wells Fargo, for example, just announced that it is joining the growing number of lenders, like Washington Mutual and Bank of America, that are offering 40-year fixed-rate loans. Tauting the lower monthly payments the new product offers will appeal to first-time buyers, consumers in high-cost markets, real estate investors and buyers on a fixed income, the companys press release also warns that equity will build up more slowly as a result of the lower payments and a lot more total interest will be paid over the extra 10 years. Well, as Fed Chairman Ben Bernanke decides on his next move -- will he or wont he ratchet up interest rates another 25 basis points next month as most economists are predicting -- mortgage lenders are also pondering their next moves.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • When Foreclosure Is Not Politically Correct
    At the time of sale Richardson allegedly owed her lender, Washington Mutual, more than $578,000 thanks to the 100 percent financing used to purchase the home and the additional fees and costs incurred by foreclosure. A story released by Capitol Weekly says that Richardson let the property slip into default when she was running for the seat she now occupies in the U.S. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures. But the topic of foreclosure recently became
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE