Trying to tame a deregulated banking system that was allowed by the previous administration to make deals no one could refuse will require more than a war of wills.
Best bet for a home loan now - CNN.com
Source: CNN
Story Highlights In January 2009, new FHA loan ceiling in top markets will be $625,500 Industry: FHA-backed loans are the last best deal for many buyers Down payment minimal -- 3.5 percent and credit can be less than stellar
Americans 'walk' from home loans
Source:
The word 'jingle-mail' is one we will be hearing a lot more of soon: as homeowners mail in the keys to their properties to their lenders just before they move out, the mortgage landscape of America is entering a dangerous new phase.
A Discussion about Home Finance
Source: economictimes.indiatimes.com
If you want to take a home loan, you will need to borrow funds from a bank or a home finance institution to make the property yours.
Once again, a major financial institution is writing off a huge portfolio of bad loans made during the lending craze and housing bubble of recent years.
Four Ways To Save Money On A Home Equity Loan
Source: homeequityloanson.com
A home equity loan allows the home owner to fund his numerous needs by borrowing the money against the equity of his home that serves as a collateral security.
The Federal Deposit Insurance Corporation
Source: news.bbc.co.uk
Georgia-based NetBank suffered severe losses in the year 2006 primarily from mortgage defaults, a lack of proper risk controls and fewer home loan originations, according to a bankruptcy court filing.
Home Loan Demands Going Higher
Source: news.com
Australian Banks presented a return on equity of 17.5 per cent in the twelve months to March for all the shareholders, as they bumped up the amount of cash they issued in home loans by 12 per cent to $751.6 billion.
NBD offers Offset Home Loans
Source: gowealthy.com
The launch NBD Offset Home Loans is announced by National Bank of Dubai, the main feature of this home loan is that the mortgage balance will be offset by the credit balance.
Loan with a Transparent Floating Rate
Source: moneycontrol.com
If you go for a home loan make sure it is with transparent floating rate. A true blue fixed interest rate remains the same for the whole period. The reason behind is the bank is not allowed to change the interest rate under any situation.
How loan officers get paid
Source: Loanshak
Some loan officers actually put clients in jeopardy on purpose because it's just a paycheck to them. The way everything is set up, it's in their best interest to charge you as much money as they can convince you to cough up.
The Myth of the Risky Sub-Prime Borrower
Source: AlterNet.org
Money lending institutions have tarred entire segments of the population as credit unworthy through the mortgage industry's own discriminatory, irresponsible -- and now reckless -- behavior.
Login to a WaMu mortgage loan account, using multiple names, passwords. I'd like to avoid being sued by WAMU, and so I will relate only facts in this narrative. You may draw whatever conclusions you wish.
Nightmare Mortgages - Yahoo! News
Source: Yahoo! News
For cash-strapped homeowners, it was a pitch they couldn't refuse: Refinance your mortgage at a bargain rate and cut your payments in half.