40 Year Mortgage

40 Year Mortgage

Tue, 02 Sep 2008 19:00:07 -0600

Friendly Mortgage Professionals Reaching For The Deep Pocket In Real Estate Litigation: Does The Interstate Land Sales Full Disclosure Act (ILSA) Have A “Long Arm”?

by 40 Year Mortgage @ Tue, 02 Sep 2008 19:00:07 -0600

From my vantage point as a practitioner in the trenches, the ongoing litigation battle between residential real estate developers and buyers (which, in my opinion, is but a subset of the broader category of litigation related to the subprime crisis) has entered a new dimension.  The new dimension is marked by more frequent reports such as the following: (1) the developer of the ambitious Miami Beach Artecity project running into trouble with its lender, Corus Bank; and (2) a rash of foreclosur There is no upper age limit set by HUD for the borrower. Nor is there a certain income level that the borrower must achieve in order to buy a home at a certain price. And although income is certainly an important factor, it is simply one of the several determining factors which are used by the HUD to find whether the borrower will be able to repay the mortgage....

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Sat, 30 Aug 2008 19:00:10 -0600

Commercial Mortgage Leads Orlando-area mortgage-crisis misery has silver lining for buyers (Orlando Sentinel)

by 40 Year Mortgage @ Sat, 30 Aug 2008 19:00:10 -0600

For a window into just how far home prices have fallen and how pervasive the mortgage crisis has become, take a sampling from Countrywide Financial Corp.'s list of foreclosed homes it is trying to unload. There is a wide variety of lending institutions that offer home mortgage loans, including savings and loan associations, commercial banks, mutual savings banks, and mortgage companies. The lesson therefore is never limit yourself to just one option when you can have several....

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Fri, 29 Aug 2008 19:00:14 -0600

Home Mortgage Refinance News Summary - 6/24 - Daily Record (subscription)

by 40 Year Mortgage @ Fri, 29 Aug 2008 19:00:14 -0600

Martin O’Malley with current port ...News Summary - 6/24Daily Record (subscription), MD -1 hour agoRoyster left the state post in 2007 after only two years of a five-year contract, replaced by the administration of Gov. When looking for the best mortgage rate, it is only natural that the first thing you need to concern yourself with is the rates. Lenders and brokers can provide you with a list of current mortgage interest rates so you can start choosing the best mortgage rate for you....

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Fri, 29 Aug 2008 07:00:08 -0600

Home Mortgage Rate Refinance Refinancing Westpac Institutional Bank Morning Report - Forex Factory

by 40 Year Mortgage @ Fri, 29 Aug 2008 07:00:08 -0600

Two years ago, in June 2006, the factory PMI peaked at 57.8; that month was also ...Westpac Institutional Bank Morning ReportForex Factory -1 hour agoThese are the first sub-50 readings for either series in the current cycle. Generally, the lower the interest rate, the more points the lending institution will charge....

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