Home dream to mortgage nightmare
Story date: 2007-10-08 05:54:00
Added on: 2007-10-12 21:26:58
MSNBC - Her mortgage broker urged her to finance 100 percent of the purchase price with interest-only loans that would adjust in two years. Any talk of a housing bubble was dismissed. “I got pressure from the real estate agent and officer,” Toothman said ...
Read more...
Related Stories:
-
New Worries Over Northern Rock Assets
Ananova - Mortgage loans of over 90% of the purchase price of a house have soared to £16bn, from £2.7bn in three...
2007-11-25 06:25:00 -
Key worker home scheme gets revamped
Guardian Unlimited - But a homebuyer taking out a 50% mortgage will have to pay interest on the top-up loans from day...
2008-02-26 04:16:00 -
Revealed: massive hole in Northern Rock's assets
Guardian Unlimited - Among the findings are: · Mortgage loans of over 90% of the purchase price of a house have soared...
2007-11-22 06:17:00 -
Hispanics vulnerable to predatory lending
Baltimore Sun - Referred to a local loan broker by a trusted friend, he borrowed the entire purchase price of $615,000 from...
2007-10-14 12:15:00 -
Fitch Rates Alaska HFC $80.9MM Home Mtge Revs 2008 A 'AA+'
Forbes - Bond proceeds will be used to purchase new qualified mortgage loans under this program. All loans purchased with tax-exempt bonds...
2008-01-24 01:20:00 -
Home loans to boost market?
Santa Rosa Press Democrat - Local lenders said the these proposed temporary, one-year increases would make it easier for home buyers to...
2008-01-25 10:20:00 -
Belmont Partners Gains Controlling Interest in Global Link Technologies, Inc. (Centre Daily Times)
On November 26, 2007, Belmont Partners, LLC ("Belmont") entered into a share purchase agreement with Linda Hawk, an individual, to convey greater...
2008-01-28 02:58:42 -
Huge home loans to boost market
Santa Rosa Press Democrat - Local lenders said the these proposed temporary, one-year increases would make it easier for home buyers to...
2008-01-25 05:20:00