Subprime Lending Crisis Archives ⋆ Page 5 Of 13 ⋆ Boston Condos For Sale Ford Realty

How homeowners can get help in paying their loans

The mortgage lending situation in which we find ourselves is a mess, that is one thing I think we can all agree on. Here is some information from the City of Boston’s, I mean, the Mayor’s Home Center, set up to assist residents in purchasing and...

State’s lending program helps absolutely no one, five months after unveiling

subprime lending crisis

Whoops, I mean, State’s lending program helps absolutely no one one person, five months after unveiling … From the Globe: A state effort to refinance subprime borrowers before they fall behind on mortgage payments has helped its first borrower. Surely you...

The biggest fear of all in subprime lending crisis

subprime lending crisis

Once again, Holden Lewis says in a few words what it would take me many (is that why people go to journalism school?). (He’s actually quoting the writer of the Calculated Risk blog …) “One of the greatest fears for lenders (and investors in...

Boston Real Estate: Subprime lending resets vary by state

subprime lending crisis

Here’s a graphic from the Wall Street Journal. – click on image to enlarge It shows the number of loans that will reset next year, as a percentage of “all homes” (not sure what they mean by that, is it “all homes” meaning all houses...

Don’t most borrowers just want to walk away, as quickly as possible

subprime lending crisis

Every single politician or public official you ask about helping homeowners hold onto their homes says the following: You want to dry a line between those who were irresponsible and those who are innocent victims. The President says this, members of Congress say this,...

Government / lenders look to resolve subprime lending crisis, quickly

subprime lending crisis

Well … this should get interesting. So, a bunch of people took out loans on their home purchases and now can’t seem to repay them. Perhaps you’ve heard about this? Much hay has been sown (?!) about the issue, but little has changed, in my opinion....