New York Attorney General Eric Schneiderman has opened an investigation into the packaging of mortgage loans into securities, in the latest sign of increased scrutiny of the mortgage industry. View full post on All Stories
General Growth has recently refinanced $1.7 billion worth of mortgage loans collateralized by 7 shopping malls. View full post on All Stories
Jamaica Mortgage Bank (JMB) has partnered with Churches Cooperative Credit Union to provide mortgage loans to its members at a rate of 12.5 per cent per annum.The agreement was inked recently by the two financial institutions and will see JMB making… View full post on All Stories
Gevorg Bosnoyan: within the next two years AMMA will work on reduction of the initial payment for mortgage loans and prolongation of their terms. View full post on All Stories
TROY, Mich., Nov. 15, 2010 /PRNewswire-FirstCall/ — Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, announced today that it has closed on its previously announced sale of approximately $474 million of non-insured non-performing residential first mortgage loans.   View full post on All Stories
Colony Capital Acquisitions LLC recently led the acquisition of $1.9 billion in assets from the Federal Deposit Insurance Corp. In another FDIC sale, a variety of investors paid par for the senior certificates that were part of a securitization backed by approximately $471 million of performing single-family mortgages from 16 failed banks. Walter Investment Management [...]
Purchasing a home can be the one of the most important decision in a person’s life. FHA Loan Information is very important when making this big step because there are so many advantages to buying your home with a FHA Housing Loan.
You need to use more than a mortgage calculator to find out which is the best plan for your needs. Here you have a quick guide to help you decide on the best plan for you.
Have you ever heard about the no doc mortgage types of loans? Many people haven’t, even those that need these types of loans. This article helps to provide you with exactly what these loans are and to tell you whether you need them or not. While there are those who need them, it’s not everyone that needs them. So, you should read the following carefully to know whether these types of loans are for you or not.
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