“A Flip Side To Exuberance” In California
“It’s becoming obvious that mortgage lenders will have to be more careful about sizing up loans that people can really qualify for, said Frank Montiforte, loan officer La Quinta. ‘I like that word ‘tightening up’ - it’s the right thing
California: FORECLOSED for Business ?
Is that what this foreclosure activity and subprime mortgage market meltdown feels like in The Golden State of California? Your up on your board (if you surf) or flat on your bodyboard, positioning yourself for a bitchin' ride.
California Mortgage - Mortgage Loan Types
Mortgage Loan Types The word “mortgage” (method of using property as security for payment of a debt) is quite frequent in our life, but not all of us know that there are different types of mortgage loans. There are two main types of
California Mortgage - Overview On Mortgage Loan
Overview On Mortgage Loan Mortgage Loans A mortgage loan is a method of using a property as security for the payment of a debt. A mortgage loan is a standard method by which individuals and businesses can purchase residential or
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Home Ownership: The New Serfdom in an Age of Subprime Mortgage Debt
In the West, however-and presumably this is driven by California-the Median home price is $275900. Given the median income in the West, and principal- and-interest monthly mortgage payment on the median home value suddenly eats up 28
California Mortgage - California Jumbo Mortgage Loan - Enables You
California Jumbo Mortgage Loan - Enables You to Obtain Money You Need! A jumbo mortgage loan is defined as a mortgage loan amount of more than $322700 anywhere within the United States. However, with the average home value in California
Mortgage lenders tighten standards from FT
Impac Mortgage holdings Inc has also delayed filing its annual report and the lender in Alt-A loans said it will restate its 2004 and 2005 cash flow statements. Subprime lenders in California have borne the brunt of rising delinquency
Casey Serin Facing Foreclosure on Wikipedia - a Defense
Despite his repeated public admissions (both via the blog and on a webcam video) of lying on loan applications and committing felony mortgage fraud, Serin has not yet been arrested for these crimes — although IP logs of the visitors to
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