During the real estate boom Countrywide created hundreds of securitization trusts, selling certificates backed by residential mortgage loans.
Several lenders, including Countrywide, America's largest mortgage lender, have stopped making no-money-down mortgage loans.
With many mortgage loans underwater, continuing job losses are pushing ever more households into default.
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Its many mortgage loans are looking increasingly seedy as the British economy turns down.
These rates are comparable with those provided for mortgage loans, but neither was backed by a security.
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The plan would direct the federal government to buy up bad mortgage loans from banks and homeowners.
Barton thought about relocating to San Diego, where rent and mortgage loans would go twice as far.
Under the plan, the government would buy up bad mortgage loans, converting them into low-interest, FHA-insured loans.
Better to put their loan officers to work cleaning up those bad mortgage loans already on the books.
For instance, it does not clarify why blacks might find it harder than whites to get mortgage loans.
Thousands more Americans may lose their homes soon, this time to a wave of high-interest subprime mortgage loans.
But most mortgage loans are either variable or fixed for quite short periods.
And trial lawyers even managed to insert language into the Dodd-Frank Act that bans them in residential mortgage loans.
Repurchase agreements were something new to these bankers, who undoubtedly have all sorts of systems for safeguarding their mortgage loans.
It said in the prospectus that part of the proceeds would be used to buy subperforming and nonperforming residential-mortgage loans.
Looking back even further, applications for mortgage loans are down over 15% on a year-over-year basis as of May 2011.
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In its latest earning release, Wells Fargo reported a 2.5% decline in average outstanding balance on home mortgage loans in 2010.
In 2009 Wells Fargo acquired Wachovia and this caused the average outstanding balance on home mortgage loans to more than double.
His bank set aside less money to cover bad mortgage loans, as did Bank of America, which reported results earlier on Wednesday.
Mortgage loans today, especially FHA loans, are so thoroughly vetted, that the documentation requirements alone, significantly reduce risk profiles, defaults and foreclosures.
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Nursing-home operators still get most of their mortgage loans from private banks.
This time around, it's going to focus on branches, though it will continue to originate prime mortgage loans and commercial real estate loans.
Borrowers are allowed to pay their mortgage loans back early, and are more likely to do so when long-term interest rates are falling.
For example, out of over 23, 000 mortgage loans, something like 269 were past due 30 days and less than 100 were in foreclosure.
Loosening of the traditional distinction between banks and building societies that made mortgage loans helped power a housing bubble in the 1980s, Prof.
Future borrowers of mortgage loans must understand that the note is the king of all documents that are comprised within the loan terms.
Bair says the outlook for residential mortgage loans continues to deteriorate: They "account for the largest share of the increase" in troubled loans.
It would also impede the Federal Housing Administration from originating guaranteed mortgage loans, making it very hard for lower-income citizens to buy homes.
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Banks and other lenders repackaged the mortgage loans into securities and dumped them on investors, freeing themselves up to make even more loans.
Another sell was Federal Agricultural Mortgage, which provides agricultural real estate and rural housing mortgage loans and is also known as Farmer Mac.
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