Lender restrict risky loans
Story date: 2007-08-31 04:43:00
Added on: 2007-08-31 23:35:03
Boulder County Business Report - With regard to second mortgages, the risk is especially high for investors during a time of record-high foreclosures. In most cases, first mortgages get priority to seize the home should the borrower default. Troubles to obtain refinancing or home ...
Read more...
Related Stories:
-
Real Estate Investors see Home Foreclosures as a Money Making ...
PR Inside - Usually both the lender and the home owner want to keep this from occurring which is why they are...
2008-02-13 04:21:00 -
Investors' rights problematic for Mortgages Ltd. - AZCentral.com
Bankrupt commercial lender Mortgages Ltd. announced last week that it had hashed out settlements with several real-estate developers. But working through the...
2008-08-27 09:17:00 -
Nucor buys scrap metal processor
Fort Wayne Journal Gazette - Mortgage lender won’t destroy files American Home Mortgage Investment Corp. is offering to hand over hard copies...
2008-02-09 02:53:00 -
Winners, losers reshuffled in Bush plan aiming to help 1.2 million ...
Boston Globe - And Rick Simon, a spokesman for Countrywide Financial Corp., the nation's No. 1 home lender, said the effort ......
2007-12-06 03:52:00 -
New York Sues First American Unit In Probe of Home-Loan Appraisals
Wall Street Journal - An inflated appraisal can cause lenders to advance more money than the house is valued at, exposing the...
2007-11-02 10:51:00 -
Look out below if long rates go higher (Los Angeles Times)
It was easy for many small investors to ignore the credit markets' woes a few months ago, when the crisis was centered...
2008-02-16 12:07:16 -
Investors vote on HBOS cash plan (Channel 4)
Shareholders in Halifax Bank of Scotland are voting on plans for a £4 billion cash injection. The high street giant, which is...
2008-06-25 09:56:37 -
How not to rescue home loans
Christian Science Monitor - The various proposals could end up rewarding unwise buyers and investors, tap taxpayers' money, and harm growth in...
2008-02-26 04:49:00
