The Making of a Mortgage Giant. How a Nonprofit Leader Opened the Door to a Massive Loophole. The Change Company was touted as a community-development leader. It became the country’s largest provider of exotic mortgages. ByJacob Adelman ...
Fed chairman urges mortgages for low-income borrowers
For low-income seniors who want to stay in their homes, these may be a good option, but they have pitfalls, says real estate attorney Benjamin Weinstock.Jun 2, 2014 embed code copied Live Now CBS News 24/7 CBS News Baltimore CBS News Bay Area CBS News Boston CBS News Chicago CBS ...
来自 EBSCO 喜欢 0 阅读量: 65 摘要: The article reports on the affordable mortgages for low and moderate-income borrowers offered by Fannie Mae through its MyCommunityMortgage product and Freddie Mac's Home Possible Advantage with a down payment option as low as three percent. 年份: 2014 ...
Lenders sometimes offer a temporarily discounted interest rate for a home-equity line. This is a rate that is unusually low and that may last for a short introductory period of merely a few months. The costs of setting up a home-equity line of credit typically include a fee for a ...
“It’s a national disgrace about the low amount of homeownership, mortgages for low- and moderate-income people and for minority homebuyers,” said Bruce Marks, CEO of NACA. “In the loans that we’ve originated in the past 6 years, zero foreclosures.” ...
Looking for a mortgage with low monthly repayments? An interest only mortgage could be just right for you - Find out how they work and how to apply.
The rise of delinquencies and foreclosures in a softening housing market calls for systematic studies of default behavior and efforts to minimize the default risks. Using a sample of residential mortgages made to low- to moderate-income borrowers, this paper empirically examines the impact of a proa...
The average loan size for banks last year increased to Sh9.4 million from Sh9.2 million in 2021, locking out low- to mid-income workers. The high cost of home loans workers prompted the previous administration of President Uhuru Kenyatta to partner with private lenders to form KMR...
Japanese lenders and home loan borrowers find themselves in a new environment in 2024. Accustomed to a decades-long phase of low interest rates, many mortgage holders have opted for variable rate loans that expose consumers to the risk of interest rate fluctuations. Adjustable home loan rates ...