Subprime Containment Theory Was a Lie

Conventional wisdom (or market spin) was that the risk of default from subprime would not spill over into Alt-A and Prime loans ... was the negative amortization loan. The loan balance can grow each month as the deferred interest is added ... they have not been widely exposed to these loan types. An adjustable rate mortgage resets to a different [more...]

Date: 2009-01-14 03:59:54

Blog posts (5) | Videos (5)
 

Save My House

Save My House There is an attorney-based loss mitigation company with over 20-years of in-depth experience with foreclosure laws ... Amortization Is an 80/20 loan or short term fixed rate then becomes an adjustable rate, 2/28 or 3/27 ... , so they are in effect current Conversion of an ARM (2/28, 3/37, Negative Amortization) to a fixed loan [more...]

Date: 2009-01-15 13:55:19

John Stumpf Q & A

What Wells Fargo plans to do on a bigger stageExcerpts:Q: In the investor presentation, ... that we didn't understand: negative (amortization loans), Pick a Pay or option (adjustable rate mortgages).We gave up tens of billions of dollars in loan origination volume and millions and millions of dollars [more...]

Date: 2009-01-12 03:28:00

What Goes Down Must Come Up

Wise man once said that: a great person can see opportunities in certain circumstances where other people see it as problems ... , or to refinance an existing loan. They can help us compare Oregon mortgage rates, calculate payments, run amortization tables and connect us with the best lenders. There are some incredible Oregon [more...]

Date: 2009-01-11 02:25:58

Home Prices - How Did They Get So High?

It seems that the real estate bubble has burst, but how did home prices get so high anyhow? ... From Low Interest Rates Take out an amortization book or find one of those payment calculators online ... paying this much in the early 80s. For example, a 30-year loan of $200,000 would cost you $2,292 [more...]

Date: 2009-01-14 06:37:08

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