The past five years has witnessed the institutionalization of sub-prime lending, with the locus of sub-prime loans shifting from small, independent lenders to large mortgage subsidiaries of banks (particularly national banks). Investment banks and their affiliates increasingly are not only underwriting sub-prime securitizations but originating loans in sub-prime loan pools as well.Because sub-prime loans are [...]
Posts Tagged ‘Mortgage Loans’
Second Mortgage Fee Restrictions in Maryland
Posted by admin on December 3rd, 2009
Posted in Article 
Tags: Advocacy Organizations, Annual Percentage Rate, Fee Restrictions, Financial Officials, Fixed Rate Loans, Home Equity Loan, Independent Lenders, Institutionalization, Investment Banks, Loan Pools, Mass Exodus, Mortgage Broker, Mortgage Loans, National Banks, Purchase Loans, Second Mortgage, Securitizations, Sub Prime Lending, Sub Prime Loans, Vague Language 
No Comments »Why Second Mortgage Rates Are Higher for Home Equity Loans than 1st Mortgages
Posted by admin on November 22nd, 2009
Home equity is the difference between what you owe on your mortgage and the fair market value of your home. Cashing out on home equity for debt consolidation is continuing to gain popularity. The typical way to cash out on home equity is to either refinance an existing first mortgage or take out a second [...]
Posted in Article Tags: Amount Of Money, Annual Percentage Rate, Attractive Interest Rates, Best Bet, Debt Consolidation, First Mortgage, Helocs, Home Equity Lines, Home Equity Lines Of Credit, Home Equity Loan, Home Equity Loans, Installment Loan, Mid 1980s, Mortgage Loans, Personal Debt, Property Values, Risk Lenders, Second Mortgage Rates, Second Mortgages, Tax Deductibility No Comments »