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2nd mortgage

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Frank Wants Banks to Write Down 2nd Mortgages - Atlantic Online (blog) Wall Street Pit (blog) Frank Wants Banks to Write Down 2nd Mortgages Atlantic Online (blog) These second liens have posed a big challenge to the modification push. Underwater borrowers probably can't pay their second mortgage if they can't pay ... Second mortgage write-downs coming?FierceFinance Home-Saving Loans AfootWall Street Journal Stress tests underwaterEconomist (blog) Minyanville.com -Credit Loan (blog) -BankInvestmentConsultant.com all 27 news articles »

The Second Mortgage - Motley Fool (blog) The Second Mortgage Motley Fool (blog) Here's an interesting piece on how second mortgages are essentially worthless, but they are in the way of loan modifications. If second mortgages were ... and more »

Second Mortgage Trouble—Should Wells Fargo Homeowners Look To Short Sell? - Red, White, and Blue Press (blog) PR Web (press release) Second Mortgage Trouble—Should Wells Fargo Homeowners Look To Short Sell? Red, White, and Blue Press (blog) Second mortgages, or second liens, have caused trouble in the home loan modification program, as well as short selling, for lenders like ... Government Could Cut Seconds FirstWall Street Journal New Treasury Program to Encourage Short SalesAtlantic Online (blog) Program Will Pay Homeowners to Sell at a LossNew York Times NPR (blog) -HeraldNet -OC Watchdog: Your Tax Dollars at Work (blog) all 120 news articles »

Initial Jobless Claims Edge Down - Zacks.com Initial Jobless Claims Edge Down Zacks.com ... less than 10% equity in the house, it is extremely unlikely that any bank would give then a homeowner equity line of credit (HELOC) or second mortgage. ... and more »

Mortgage debts may linger, even after foreclosure - Minnesota Public Radio Mortgage debts may linger, even after foreclosure Minnesota Public Radio The foreclosure wiped out the debt on the big first mortgage. But he's still on the hook for what he owed on the second mortgage, plus interest and fees, ...

Obama Plan To Modify Second Mortgages Has Yet To Help One Homeowner - Huffington Post (blog) Richmond Times Dispatch Obama Plan To Modify Second Mortgages Has Yet To Help One Homeowner Huffington Post (blog) Nearly a year after the Obama administration announced a plan to help up to 1.5 million struggling homeowners modify their second mortgages, not a single ... Mortgage loan modifications are hard to getRichmond Times Dispatch Vikram Pandit—Citigroup Home Loan Modification Program Helps Unqualified ...Red, White, and Blue Press (blog) all 30 news articles »

The fake stress tests and the coming wave of second mortgage writedowns - Before It's News The fake stress tests and the coming wave of second mortgage writedowns Before It's News About a month ago I wrote a post called “The coming wave of second mortgage writedowns†the gist of which was that the big four banks (Citi, JP, BofA, ...

Local housing economy scrappy in recovery - InMaricopa.com Local housing economy scrappy in recovery InMaricopa.com Second liens. An important problem can arise when borrowers have a home equity line of credit or other second mortgage on their home. ...

Treasury's Barr: Redoubling Push For Financial Overhaul - Wall Street Journal Treasury's Barr: Redoubling Push For Financial Overhaul Wall Street Journal While lenders may be willing to modify a mortgage to make the terms more affordable for the borrower, holders of second mortgages or a home-equity loan have ... and more »

Renovate Your Home With a Second Mortgage - LoanSafe Credit.com News Renovate Your Home With a Second Mortgage LoanSafe This type of mortgage is very common for homeowners looking to fix up their home and get a loan with a very low interest rate. These second mortgage home ... Home Loan Modification Lenders Look To Continue Increase In Mortgage ModificationsRed, White, and Blue Press (blog) all 51 news articles »