Archive for the 'banking' Category

Financing the Flipping Dream: Alt-A Mortgages and California Mortgage Equity Giants: Number one Alt-A Owner Occupied State is California. Say What? Alt-A and Pay Option ARMs Fueled out of State Buying.


Loan Modifications Another Taxpayer Bailout to the Housing Industry: Mortgage Modification Default Rates over 50 Percent. Over 4 Percent of Subprime Loans First Payment Defaults.


First Ever Global Housing Led Recession: One out of Eight American Mortgage Holders either Late or in Foreclosure on their Mortgage: 66 Percent of Mortgages Prime but what does that mean if Prime is now Defaulting at High Rates?


Alt-A and Pay Options ARMs: Four States make up 46% of Alt-A loans. Examining California, Florida, Nevada, and Arizona. From Bubble Housing Glory to Housing Bust Toxic Mortgage Pain.


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