U.S. Homeownership Falls in Longest Slide Since 1981 (Update3)
Story date: 2007-10-26 12:11:00
Added on: 2007-10-26 13:34:35
Bloomberg - Second mortgages, along with interest-only, payment-option and other unconventional mortgage products, have largely dried up this year as subprime defaults mounted and lenders such as American Home Mortgage Investment Corp. closed their doors. That ...
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U.S. Homeownership Falls in Longest Slide Since 1981 (Update1)
Bloomberg - Second mortgages, along with interest-only, payment-option and other unconventional mortgage products, have largely dried up this year as subprime defaults...
2007-10-26 08:22:00 -
Money Makeover: Checking in with the Flemings a year later (Bankrate.com)
Last year , Phil and Stacey Fleming saw the balance on their option adjustable-rate mortgage increase by $30,000. An option ARM permits...
2008-06-03 03:56:26 -
Mortgage debt can bring down house
Indianapolis Star - This is dangerous advice. ... A payment option ARM or pick-a-payment mortgage is an ARM that allows a homeowner...
2007-08-31 06:48:00 -
Best way to buy home before current one sells
Boston Online - A 30-year fixed-rate mortgage with an interest-only payment option can provide a reasonable option for well-qualified buyers. With this...
2007-09-23 05:58:00 -
Mortgage scheme's promises illusory
Louisville Courier-Journal - The product they tout is a payment option, adjustable-rate mortgage. It lets homeowners choose the kind of payment to...
2007-10-21 05:29:00 -
Mortgage market now welcomes the unconventional
MyFinances.co.uk - Attempts to secure a mortgage on listed buildings could become easier as lenders' confidence in the unconventional grows. That is...
2008-01-04 04:11:00 -
Borrower beware with option arm mortgage loan (The Advocate)
The option arm loan program became one of the most popular mortgage choices for borrowers in the past few years because of...
2007-09-15 04:00:53 -
Complex Wachovia mortgage program worries some (The Charlotte Observer)
When she stopped by a Wachovia branch in Charlotte last month, Marilyn O'Connor asked about refinancing her townhome. Instead, she got a...
2008-03-30 04:27:01