Feb
22
(Updates with comment from Mizuho spokeswoman in the sixth paragraph.) Feb. 21 (Bloomberg) — U.S. regulators, as part of a broad probe of how Wall Street firms bundled mortgage-linked financial products as the housing crisis worsened, notified a former Mizuho Financial Group inc. executive he may be sued for his role in structuring the securities. …
Permanent link to this article: http://www.greenbrierrealestateservices.com/ex-mizuho-executive-rekeda-may-face-sec-lawsuit-over-cdo/
Feb
22
Pinpointing the prime cause of California’s slow recovery from recession is easy: Too little has been done about the crisis in housing construction, values and foreclosures. While only one in 579 homes nationally is "under water," with resale value deflated beneath the balance of its mortgage loan, that figure is one in every 211 here. …
Permanent link to this article: http://www.greenbrierrealestateservices.com/thomas-elias-state-democrats-talk-tough-to-obama-about-housing/
Feb
21
Homes.org Releases Mortgage Rates Update – How a Week of Market Reports Affected interest Rates Find Homes & More at Homes.org (PRWEB) February 03, 2012 the Homes.org weekly mortgage rate report found that mortgage interest rates rose last week despite the Fed’s announcement of long term plans to keep base interest rates at record. However, …
Permanent link to this article: http://www.greenbrierrealestateservices.com/homes-org-releases-mortgage-rates-update-how-a-week-of-market-reports-affected-interest-rates/
Feb
21
We need to think more about the worth of home ownership versus the monetary value. We’ve gotten away from what home ownership really means. I compare home ownership to owning a chainsaw—let’s call it the Chainsaw Mentality. If I buy a chainsaw, is it going to be worth more than I paid for it in …
Permanent link to this article: http://www.greenbrierrealestateservices.com/land-title-blog-home-values-in-todays-market-or-what-a-home-is-worth/
Feb
21
You’ve made your 2011 RRSP contribution a full two weeks ahead of the Feb. 29 deadline. Congratulations! But what did you invest in? GICs? Stocks? Bonds? While most Canadians sock their funds away in those traditional asset classes, there are other potential uses for your RRSP money, and one of them could include your mortgage. …
Permanent link to this article: http://www.greenbrierrealestateservices.com/rrsps-can-house-amortgage/
Feb
21
JP Morgan Chase, Bank of America and Wells Fargo are being sued by the US Attorney General over an allegedly restrictive and inaccurate database that may have resulted in unfair foreclosures for many home buyers. The banks, which are some of the largest in America, are accused of creating and controlling access to a database …
Permanent link to this article: http://www.greenbrierrealestateservices.com/jp-morgan-boa-and-wells-fargo-sued-over-fraudulent-mortgage-it-system/
Feb
20
California’s settlement with five banks involved in the foreclosure crisis requires the banks to put $12 billion toward helping homeowners who owe more than their homes are worth. for those still wading through their loans, there are two options: reducing the principal on the loan or putting the house up for a short sale. Michael …
Permanent link to this article: http://www.greenbrierrealestateservices.com/what-the-california-mortgage-settlement-means-for-homeowners/
Feb
20
Having a down payment for that first home is a big hurdle for many homebuyers. A standard down payment is now 30 percent of the purchase price. However it can be as low as zero percent to one half of one percent for certain homebuyers. Let’s discuss some very affordable down payments. Standard down payment …
Permanent link to this article: http://www.greenbrierrealestateservices.com/mortgage-down-payment-solutions/
Feb
20
BUENA PARK – a Buena Park home has become one of the hottest topics in real estate. It’s not because it has several bedrooms, pygmy palms in the landscaping, or even a mailbox shaped like a giant bass. The home has made headlines around the world because it’s become a two-story, garish green and orange …
Permanent link to this article: http://www.greenbrierrealestateservices.com/neon-home-makes-headlines-worldwide/
Feb
20
DALLAS, Feb. 9, 2012 — /PRNewswire/ – Residential originations fell in 2011, and some lenders saw a bigger decline than others, according to MortgageDaily.com’s 2011 Mortgage Lender Ranking. The government’s role in residential finance was reduced last year. Fourth-quarter originations by all lenders were an estimated $381 billion, up from approximately $317 billion closed three months …
Permanent link to this article: http://www.greenbrierrealestateservices.com/biggest-u-s-mortgage-lenders/
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