Archive for the ‘Immobilier RealEstate USA’ Category
Vendredi, novembre 9th, 2007
WASHINGTON - The common practice of homebuyers with shaky credit taking out second mortgages for downpayments is ending because there’s no investor demand for securities backed by such loans.
The availability of second-mortgage financing for subprime borrowers has all but disappeared, according to a trade publication’s survey last month of more ...
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Lundi, octobre 8th, 2007
Going, Going, Even Auctions Aren't Moving Homes
Builders and real-estate agents are turning to auctions to get rid of excess homes on the market, with mixed success. The Orlando Sentinel reports on an auction held at the DeBary Golf & Country Club that was called off because the builder, Lakeside ...
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Lundi, octobre 8th, 2007
NEW YORK -- Washington Mutual Inc., the U.S.'s sixth-largest home-mortgage lender in terms of volume, is asking mortgage brokers it works with to provide more information to borrowers.
The move comes as lenders as well as brokers are facing pressure from lawmakers and consumer-advocacy groups to beef up customer disclosures, which ...
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Lundi, octobre 8th, 2007
WASHINGTON -- Expressing concern that turmoil in the mortgage markets will get worse, the chairman of a House committee overseeing the banking industry said Fannie Mae and Freddie Mac should be allowed to do more now to ease the credit crunch.
House Financial Services Committee Chairman Barney Frank (D., Mass.) said ...
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Dimanche, octobre 7th, 2007
Mortgage activity tumbled for the second straight week, according to a survey released today by the Mortgage Bankers Association (MBA). The MBA's weekly report provides a snapshot of how many Americans in one week, as compared to the previous, applied for a mortgage to either purchase a home or refinance ...
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Jeudi, octobre 4th, 2007
On August 28, 2007 United States Attorney for the Southern District of California, Karen P. Hewitt announced that Rollo Richard “Rick” Norton II and Scott Greer pled guilty today in federal court in San Diego to a felony charge of mail fraud, arising from their participation in a scheme to ...
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Jeudi, octobre 4th, 2007
In the following press release Edmund A. Booth, Jr., United States Attorney for the Southern District of Georgia, announced today that Daniel Goodwin, a mortgage broker in Augusta, Georgia, entered a guilty plea today in U.S. District Court in Augusta before U.S. District Judge Dudley H. Bowen, Jr. Goodwin, age ...
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