Archive for January, 2009
Borrowers would only be eligible if they don’t qualify for a loan modification with their current servicer and there would be a targeted monthly payment to assure affordability by the homeowner. Increasing Resources to FHA and Ginnie Mae: “ To help the Federal Housing Administration (FHA) and Ginnie Mae manage the increased demand for FHA-insured mortgage products at a critical time for consumers and lenders, Congress should provide to both FHA and Ginnie Mae additional …
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Mortgage Bankers Make Recommendation for Increasing Loan Limits …
This means that people will likely not be able to make their mortgage payment regardless of what kind of loan they have. January will be worse than these numbers, far worse
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Mr. Mortgage's Guide to the TRUTH! » Citi to Follow Chase out of …
In this week’s issue: Banks begin seeing deterioration in nonresidential loan portfolios.
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Watch List (Jan. 18-24): Caught in the Downward Spiral – CoStar Group
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… a fairly low down payment .” Although no-down- payment loans were swept away in the foreclosure crisis, homebuyers with jobs and good credit scores can still get loans with down payments of just 3 to 3.5 percent, she said
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St. Louis Beacon – Wanted: First-time homebuyers, willing to turn …