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Government Could Cut Seconds First - Wall Street Journal

The Star-Ledger - NJ.com

Government Could Cut Seconds First
Wall Street Journal
Take a stressed borrower with a $200000 first mortgage and a $50000 second-lien loan, such as a home-equity line of credit. ...
Helping upside-down home owners stave off foreclosureDetroit Free Press
Federal short sale program aims to help San Mateo County homeownersExaminer.com
Government To Subsidize Short SalesNuWire Investor (blog)
LoanSafe -HeraldNet
all 71 news articles »

CKF Bancorp, Inc. Announces a Loss for the Three Months Ended December 31, 2009 - MarketWatch (press release)

CKF Bancorp, Inc. Announces a Loss for the Three Months Ended December 31, 2009
MarketWatch (press release)
... 130751609 $ 140947805 LIABILITIES AND SHAREHOLDERS' EQUITY Deposits $ 95549301 $ 98734311 Advances from the Federal Home Loan Bank 21000000 27500000 ...

and more »

GMAC finance chief to depart - Financial Times

GMAC finance chief to depart
Financial Times
Christopher Whalen, managing director of Institutional Risk Analytics, a research firm, said loan rescissions were likely to burn through reserves. ...

and more »

Banks Pressed on Second Mortgages - Wall Street Journal

Wall Street Pit (blog)

Banks Pressed on Second Mortgages
Wall Street Journal
A Wells spokeswoman said the bank is helping "as many customers as we can find options to help pay their home equity loans." A JP Morgan spokesman declined ...
Stress tests underwaterEconomist (blog)
Congressman Calls for Second Lien Write-DownsDSNews.com
Home-Saving Loans AfootWall Street Journal

all 19 news articles »

Celebrity photographer Annie Leibovitz bailed out by private equity - AltAssets

Celebrity photographer Annie Leibovitz bailed out by private equity
AltAssets
In a move mirroring the rescue of a distressed company, Colony came to the rescue after the renowned photographer fell behind on loan repayments to Art ...

and more »

Bank of America Refinance Mortgage Rates – March Home Loans Stable - Subprime Blogger (blog)

The Guardian

Bank of America Refinance Mortgage Rates – March Home Loans Stable
Subprime Blogger (blog)
Even though the average is at this rate it does not mean that borrowers who have little home equity can access these rates. It is becoming more and more ...
Mortgage Rates Decrease: 30 Year Mortgage Rates Under 5.00%MonitorBankRates.com
Reverse Mortgages May Bring Better Benefits Than Refinancing Your Home LoanRed, White, and Blue Press (blog)
Mortgage Rates Decline; Current 30-Year Fixed Rate is 4.76%, According to ...PR Newswire (press release)
LoanSafe -Russia Profile -Telegraph.co.uk
all 81 news articles »

Shorting the housing recovery - San Francisco Chronicle

Shorting the housing recovery
San Francisco Chronicle
Short sales aren't an ideal solution for anyone - homeowners hate leaving a home while losing their equity, and banks hate taking a loss on their loans. ...


Maryland Loan Officer Charged With Mortgage Fraud - HULIQ

Maryland Loan Officer Charged With Mortgage Fraud
HULIQ
The defendants told the homeowners that equity withdrawn from the properties would be used to pay the mortgage and house expenses. Instead of keeping their ...

and more »

Life Plan: Make Your Home Pay Off - Smartmoney.com

Life Plan: Make Your Home Pay Off
Smartmoney.com
There's no shortage of other ways to convert home equity to cash. Interest rates on home-equity loans and lines of credit are far lower than those on credit ...

and more »

Commercial and Multifamily Mortgages Outperforming Overall Bank Holdings - MortgageNewsDaily.com

DSNews.com

Commercial and Multifamily Mortgages Outperforming Overall Bank Holdings
MortgageNewsDaily.com
The best rates were recorded by commercial/industrial loans at 4.39 percent and, surprisingly, home equity loans at 3.15 percent. ...
Commercial delinquency lower than other mortgagesThe Associated Press
Commercial Mortgages Performing Better than Other Loans: MBADSNews.com
Low Charge-Off Rates in Commercial Mortgages Despite Rising DelinquenciesHousing Wire

all 81 news articles »

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