Under the plan,up to five million owners could refinance their loans through the two mortgage companies now controlled by the government.
VOA: special.2009.02.20
Rick Sharga from RealtyTrac says up to one-fourth of all homes that still have a mortgage loan balance are in this situation.
VOA: special.2011.01.24
In America,the traditional way to finance a home purchase is with a thirty-year, fixed-rate mortgage loan.
VOA: special.2011.01.24
It also puts pressure on homeowners who are struggling to pay their mortgage loans.
VOA: special.2009.12.18
One way to make capital available for new loans is to sell mortgage-backed securities.
VOA: special.2009.09.04
The goal is to try to restructure his loan to keep his mortgage payments to within 31 percent of his income.
VOA: standard.2010.02.17
The deep global economic slowdown began in August 2007 when defaults in the U.S.home mortgage market caused financial markets to curtail lending.
VOA: standard.2009.03.24
George Gordon waits patiently for a chance to meet face to face with his mortgage company's attorney.
VOA: standard.2010.02.17
It was the mass-issuance of mortgages to consumers with poor credit ratings that led to a rash of mortgage defaults and home foreclosures beginning in late 2007.
VOA: standard.2009.10.01
The central bank also announced that it would purchase up to $750 billion of additional mortgage-backed securities, which lost value with the collapse of the U.S.housing market.
VOA: standard.2009.03.18
Economist Rebecca Blank with the Brookings Institution here in Washington was optimistic that positive results will come from efforts to prevent more job losses and mortgage defaults.
VOA: standard.2009.03.10
And that is again why it is so important that we just keep moving,". Secretary Geithner pointed to mortgage interest rates being at their lowest in history as a positive development.
VOA: standard.2009.04.05
But the firms most often blamed for precipitating the crisis were colossal investment houses, mortgage institutions, and insurance corporations, many of which required multi-billion-dollar bailouts or government takeovers to stay afloat.
VOA: standard.2009.10.01
"If we are able to work something out with the borrower, were they get to keep their house, and my client gets to have payments according to the mortgage, that's a win for everybody."
VOA: standard.2010.02.17
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