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Articles Written by: TANTA
In testimony Thursday on Capitol Hill, Federal Deposit Insurance Corp. chairman Sheila Bair provided the first public update on the FDIC’s loan modification program put into place at IndyMac Federal Bank since it was introduced roughly two months ago. ...
One of the regular battles we'd get into in the comments on this blog in 2005-2006 was the "Good MEW/Bad MEW" thing. It would go like this: CR would post some data on Mortgage Equity Withdrawal and its impacts on consumer spending. Immediately, folks ...
Mortgage servicers: this is called "reaping what you sow."
Spend decades building ever-larger, more consolidated servicing portfolios through mergers, acquisitions, and bulk purchases. Chase marginal improvements in efficiency with automation, ...
Despite what Wall Street wants you to believe, owning a home isn’t the same kind of investment as stocks or bonds. What you get is a USE asset that depreciates over time while it grows in market value. All you have to do is keep the home in good repair ...
As you all know, the stimulus bill just passed raises the statutory conforming loan limit from its current $417,000 in all states (except Alaska and Hawaii) to a new variable limit, equal to the greater of the current limit or 125% of the area median ...
Homeowners are being advised that it would be cheaper to walk away from big mortgages than incur further losses on their household budgets, increasing the chances that more high-end real estate transactions will collapse.
This advice from lawyers ...
ORLANDO -- The cavernous convention center, the site of this week's International Builders Show, is lined row after row with slick display booths and polished sales reps peddling retro-style ovens, state-of-the-art foam insulation and a ...
WINSTON-SALEM, N.C., Feb 13, 2008 /PRNewswire-FirstCall via COMTEX/ -- Triad Guaranty Inc. today reported a net loss for the quarter ended December 31, 2007 of $75.0 million compared with net income of $8.1 million for the same quarter in 2006. . . . ...
If you'd like to be added to the Blogroll, please send me an email with the subject "Blogroll". Please specify "Economics" or "Housing Sites" and provide a link to my blog. Thanks! ...
McLean, VA – Freddie Mac (NYSE: FRE) today announced it is temporarily changing its Private Mortgage Insurer Eligibility Requirements [PDF 160K] in order to increase the claims-paying and capital retention capacities of its mortgage insurance ...
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