Resources
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- Refinancing: Is Your Credit Good Enough?
- The window for mortgage refinancings has cracked open a bit. But banks and mortgage companies have become even more skittish and slow to process loans. So even if you do get approved, the wait could be eight to 12 weeks. And unless you have truly...
- Articles 2009-07-07
- Can You Get Credit Now?
- Yes, lenders are starting to loosen up. But apply for a mortgage, refinancing, home-equity credit line, car loan, or credit card, and you'll quickly learn that the credit crunch isn't over.It's no secret that the Obama administration, the Fed, and Congress would love nothing more than to see banks start...
- Articles 2009-07-07
Additional Resources
- Can't Refinance Under Making Home Affordable? Try This.
- I received this question yesterday from Larry, in response to my blog Want to Refinance Your Mortgage? Home Loan-to-Value Ratio May Climb to 125 percent. (I've edited the question a little for clarity.) Ilyce: What options does someone whose mortgage is not owned or securitized by Freddie Mac or...
- Blog posts 2009-07-01
- Which Banks are -- and Aren't -- Modifying Home Loans?
- The federal Making Home Affordable initiative is off to a slow start in its mission of offering mortgage relief to millions of Americans hurt by the real estate bust. That's mostly because adjusting the loan terms, interest rate or principal for, say, a recently unemployed homeowner doesn't pay for...
- Blog posts 2009-08-04
- Want to Refinance Your Mortgage? Home Loan-to-Value Ratio May Climb to 125 Percent
- BREAKING NEWS JULY 1, 2009: FHFA just issued a press release announcing that homeowners would be able to refinance their mortgages up to the 125 percent LTV level. Â Want to refinance your mortgage? If you wanted to qualify for...
- Blog posts 2009-06-22
- Bank of America Defends its Record of Helping Homeowners
- Bank of America is doing damage control after its spanking yesterday by the feds over moving too slowly to help homeowners stave off foreclosure through the government's Home Affordable Modification Program. A fusillade of bad press prompted the company late yesterday to issue the following statement by Barbara Desoer, president...
- Blog posts 2009-08-05
- Mortgage Refinances to 125 Percent Loan-To-Value Ratio Start Today
- That didn't take long. The Federal Housing Finance Agency FHFA issued a quiet press release today announcing that Fannie Mae and Freddie Mac would now accept refinancing with 125 percent loan-to-value ratios. So if your house is worth $100,000, but you owe $125,000, and your loan is owned...
- Blog posts 2009-07-01
- Why Banks Won't Modify Your Mortgage: It Doesn't Pay
- Federal initiatives such as the Making Home Affordable program aim to help homeowners keep their property by encouraging banks to renegotiate their mortgages. It isn't working. Lenders modified loans for less than three percent of delinquent borrowers within a year of their falling behind on payments, according to a new...
- Blog posts 2009-07-20
- Mortgage Modification -- the "Good" and "Bad" Lenders -- October 2009 Edition
- Last week, the federal government issued its latest HAMP report, which identified the loan servicers trying to help consumers modify loans. The report card is issued every month as part of the government's Making Home Affordable program. The idea is to praise the banks who are trying to get modification...
- Blog posts 2009-10-15
- Horrifying Foreclosure Numbers In April
- You know you're in uncharted foreclosure waters when Rick Sharga, vice president of marketing and spokesperson for foreclosure tracking company RealtyTrac says the month's foreclosure numbers are a "shocker." RealtyTrac announced that 1 in 374 U.S. households received a foreclosure notice in April, the highest monthly rate ever recorded in...
- Blog posts 2009-05-13
- Mortgage Modification: The "Good" and "Bad" Lenders -- July 2009 edition
- A few days ago I wrote about the mortgage modification crisis, pointing out as have so many others, that millions of people who desperately needed government help to stay in their homes weren't getting it. Now, the government has released the first list of which servicers are...
- Blog posts 2009-08-04
- Three Million Mortgages Still Need to be Modified
- What a great real estate panel KCBS just threw! In addition to getting me out to San Francisco (what a wonderful town, I can't ever visit enough) "Making Lemons into Lemonade: Practical Tools for the Current Real Estate Market" provided a great snapshot of current real estate problems and opportunities....
- Blog posts 2009-08-01
- Uncle Sam Says: Go Buy a House with Your $8,000 Tax Credit
- Today's breaking news from the U.S. Department of Housing and Urban Development HUD: This morning HUD Secretary Shaun Donovan announced a new program that will allow first-time buyers to "monetize" (that's his word) their $8,000 tax credit and use it toward paying FHA loan costs. The announcement came...
- Blog posts 2009-05-29
- Someone Forgot to Tell Fannie, Freddie About Lowering Debt Ratios
- Bill Zielinski submits: Sufficient Income Key To Sound Home Ownership In an effort to prevent delinquent home owners from losing their homes to foreclosure, the Department of the Treasury recently issued guidelines to lenders. Under the Making Home Affordable mortgage modification program, the Treasury stated that the mortgage...
- External links 2009-07-13
- Foreclosures for Sale - and Plenty of Them
- This morning, Irvine, Ca.-based RealtyTrac released its latest foreclosure survey results. The stomach-churning results: 1.9 million foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 1.5 million homes in just the first six months of 2009. RealtyTrac reported that was a 9 percent...
- Blog posts 2009-07-16
- Freddie Mac Posts $5 Billion Loss
- By Al YoonNEW YORK (Reuters) - Freddie Mac FRE FRE, the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in housing.Increases in the value of securities...
- News items 2009-11-06
- Mortgage Modification -- the "Good" and "Bad" Lenders -- September 2009 edition
- Through the magic of the Internet, I consistently see that one of my most popular posts is the list of which loan servicers are trying to help consumers modify loans. The report card is issued every month by the federal government, with the theory being that giving a gold...
- Blog posts 2009-10-07
- Fannie Mae Posts $18.9 Billion Q3 Loss, Taps Treasury
- By Al YoonNEW YORK (Reuters) - Fannie Mae, the largest provider of funding for U.S. home loans, said on Thursday bad mortgages and a federal foreclosure prevention program left it with a $18.9 billion loss, forcing it to tap the Treasury again to plug a hole in its net worth.Fannie...
- News items 2009-11-05
- Making paradise affordable: life would be harder for many Americans without discount stores.
- The first K-Mart opened in Hawaii, my home state, in 1992. That was the debut for Big Box retailing of the "no membership required" variety Costco had already been here for a couple of years, and residents were amazingly excited. The day The first K-Mart...
- Research articles 2006-06-01
- FHFA Report on Restructuring: Getting It Consistently Wrong
- The FHFA released a report on their refinancing activity for the year to date. As usual it was cast in glowing terms. It is clear that FHFA is doing something. In my view that ‘something’ is consistently the wrong thing. From the report: Washington, DC – Fannie Mae and Freddie...
- External links 2009-08-14
- << Previous
- page 1 of 1
- Next >>
