Islamic Bond Decree Cripples Sukuk, Imperils Projects (Update2) – Bloomberg
Sept. 3 (Bloomberg) — The fastest-growing part of the global bond market is faltering, and it has nothing to do with subprime mortgages or the credit crunch. Sales of Shariah-compliant debt, which financed Dubai’s Palm development, the world’s …
Rights groups faults Wachovia’s mortgage aid – San [...]
September 04 2008 | Homes Mortgages and Loans in the news | No Comments »
Buying A Home With Bad Credit – How To Buy With Past Credit Problems by Carrie Reeder
Late payments on credit cards, automobile loans, and medical bills can greatly reduce your credit score and give you a bad credit label. Years ago, it was extremely difficult to get approved for a home loan with bad credit. [...]
March 15 2008 | Mortgage & Home Loan | No Comments »
Bad Credit Loans Are Available by Glenn J.N. Reschke
Finding home mortgage loans are a reality for people with bad credit. Bad credit mortgage loans are offered by sub prime lenders. Hard money loans and bad credit mortgage loans are reserved for borrowers with poor to bad credit. There are basically two types of loans in [...]
March 12 2008 | Mortgage & Home Loan | No Comments »
No Down Payment Poor Credit Mortgage Loans – Understanding 80/20 Loan Option by Carrie Reeder
When applying for a mortgage loan, down payments are generally required as part of the financing. Many traditional mortgages will only finance 80 percent of the home price. Thus, homebuyers are obligated to provide the additional 20 percent. Having a down [...]
March 11 2008 | Mortgage & Home Loan | No Comments »
Bad Credit Mortgage Loans by Alison Cole
Credit ratings are a very influential factor when a person has to buy a mortgage. Good credit ratings improve the chances of getting a mortgage; while poor credit ratings may destroy the chances. However, today there are many options for people with bad credit ratings to get their mortgages. [...]
March 08 2008 | Mortgage & Home Loan | No Comments »
A Bad Credit Mortgage Broker Can Turn You from a Walking Liability to a Sound Investment by Rony Walker
Who does not fear risk? We all do, especially when it involves money. While risk is an inherent part of business, a good businessman chooses risks wisely. This is especially true in the mortgage industry which is [...]
March 07 2008 | Mortgage & Home Loan | No Comments »
By Martin Lukac
Buyers, borrower, closing costs can be divided into two categories. Nonrecurring closing cost and recurring closing cost.
Nonrecurring closing costs on a one-time charge paid upon the close of escrow. Recruiting closing costs are peeping items that the buyer pays advance to help offset expenses that will continue as long as the [...]
February 10 2008 | Home Purchase & Sale and Tips | No Comments »
Wells Fargo’s Q4 profit falls 38 percent amid mortgage turmoil
MSN MoneyCentral – The results were not unexpected since Wells said in November that it was taking a $1.4 billion charge against earnings to cope with troubled home equity loans that were primarily generated by outside mortgage brokers. Wells wrote off $595 million in …
Wells Fargo [...]
January 16 2008 | Homes Mortgages and Loans in the news | No Comments »
Maryland seeks U.S. mortgage servicer scrutiny
Reuters – While mortgage lenders underwrite home loans, the servicers are contracted to collect payments and are responsible if a borrower goes into default. “There are thousands of Marylanders on the verge of foreclosure and we need information now to learn …
Goldman Bet on Subprime Mortgage Drop for Most of [...]
January 14 2008 | Homes Mortgages and Loans in the news | No Comments »
BBVA Mexico unit places first mortgage-backed debt
Reuters – Last: MEXICO CITY, Dec 17 (Reuters) – The Mexican arm of Spain’s BBVA bank plans to pass $250 million worth of home loans to investors within the next few days, its first mortgage-backed debt issue in the country’s fast-growing housing industry. BBVA …
Delta Financial becomes next mortgage [...]
December 14 2007 | Homes Mortgages and Loans in the news | No Comments »
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