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Home Owners Who Missed Window To Refinance At Risk Of Becoming Mortgage Prisoners | AutoTraffic
Home owners who missed window to refinance at risk of becoming ‘mortgage prisoners’
Some home owners who continually missed the opportunity to refinance may be held as mortgage prisoners as they will find it hard to switch to another loan with a lower interest rate. by: Phoenix Lee/ ... read more
Local market ready for bailout boost
Obama’s program to repair the mortgage crisis includes taxpayer-funded refinancing of troubled loans ... Stability Initiative will only go to help homeowners who commit to make payments to stay in the... read more
Mortgage lenders see more borrowers give up
An additional 1 million-plus borrowers were at risk ... With home prices sliding and politicians calling for government and the mortgage industry to do more to help troubled homeowners, lenders and lo... read more
Loan Limit Thoughts; Long List of Credit Changes and Lender Updates
The loan limits are based on home ... 1st Mortgage Programs. Risk Reduction Mortgage Corp, a startup Fintech mortgage product provider, launched its signature solution, Risk Reduction Mortgages. Its n... read more
The Ecology of Foreclosures
The former owner was a born-again deacon who had bought into a complicated refinancing ... a home. Why do it in a down economy? Because houses are historically cheap, and many people remain undeterred ... read more
Mortgage refinance online applications, does it trump in-person submissions?
Home owners who missed window to refinance at risk of becoming ‘mortgage prisoners’ While online applications are faster, they often involve more work on your part. You are the one uploading the docum... read more
Mayor Emanuel Provides Roadmap to Continue to Confront Pension Obligations Head-On
The mayor recommends ensuring that Chicago shares in revenue from recreational use of legalized marijuana and allowing Chicago to raise its own revenue from marijuana by establishing a home rule ... I... read more
Bankzilla vs the rest of us
Credit card loans fell nearly 6 percent and home equity credit lines by more than 2 percent. While mortgage lending was up slightly, most of the increase came from refinancing by homeowners seeking .. ... read more
Ignore the banks, the housing bubble is real
Investors now account for almost 40 per cent of new home loans. If you exclude refinancing from existing home owners, the figure jumps to ... if the property boom continued, housing and mortgage marke... read more
Assembly OKs 1-year foreclosure delay
But the Brooklyn Democrat said his bill for a year-long delay, which passed the Assembly 118-10, is also aimed at stopping predatory lenders trying to foreclose while giving homeowners respite to refi... read more
Couple sues Town of Dover for allegedly violating constitutional rights
RACINE COUNTY — A Town of Dover couple contend their property was reassessed at a pricier value in retaliation for refusing to allow an assessor to inspect the inside of their home last summer. That c... read more
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Dodd Frank Rulemaking Update; NAR and Builders Suggest Looser Lending Standards - Surprised?
For those playing along at home, per a report by law firm Davis Polk, a total of 237 Dodd-Frank rulemaking requirement deadlines have passed. "Of these 237 passed deadlines, 145 (61%) have been missed ... read more
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