Homeowners Can Get Mortgage Help This Weekend
01 November, 2011
KMBC’s Micheal Mahoney reports on how the program works.Dick Armey on Subprime Mortgages
21 October, 2011
FreedomWorks chairman Dick Armey talks about how subprime mortgages have affected home ownership and the economy — and why a government bailout would be a bad idea.
Duration : 0:3:0
States-banks mortgage deal to only help few: economist
21 October, 2011
Oct. 19 – CoreLogic Chief Economist Mark Fleming says the refinancing deal between states and banks only affects a few million homeowners and won’t do very much to improve the U.S. housing market outlook.
Duration : 0:4:51
Banks Continue Adding Fees Losing Trust [FOX 10-14-2011]
19 October, 2011
The U. S. subprime mortgage crisis was one of the first indicators of the late-2000s financial crisis, characterized by a rise in subprime mortgage delinquencies and foreclosures, and the resulting decline of securities backed by said mortgages. The ratio of lower-quality subprime mortgages originated rose from the historical 8% or lower range to approximately 20% from 2004-2006, with much higher ratios in some parts of the U. S. A high percentage of these subprime mortgages, over 90% in 2006 for example, were adjustable-rate mortgages. These two changes were part of a broader trend of lowered lending standards and higher-risk mortgage products. Further, U. S. households had become increasingly indebted, with the ratio of debt to disposable personal income rising from 77% in 1990 to 127% at the end of 2007, much of this increase mortgage-related.
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Duration : 0:1:29
October 13, 2011 News CorpMortgage Rates Hit Record Low
04 October, 2011
Mortgage rates hit another record low this week, marking a unique opportunity for people to buy or refinance a house. KMBC 9’s Martin Augustine reports.
Duration : 0:2:16
Mortgage Customer Testimonial – Justin Hitch.MOV
26 September, 2011
http://www.myhometownllc.com
Hometown Lenders TN presents Happy Mortgage Clients!
Justin Hitch has shot a video for Hometown’s Benjamin Phillips providing testimonial for his recent Mortgage Refinance & recommendation for Hometown Lenders. TN or GA? We are your Mortgage Company with more approvals
Duration : 0:0:27
Fixing Sub-Prime Mortgages
14 September, 2011
William Erby is the C.E.O. of Ocwen Financial Corporation, the Fla. firm is one of the country’s biggest servicers of sub-prime mortgages. Ocwen has had success keeping homeowners out of foreclosure by cutting mortgage principal.
Duration : 0:3:12
BofA latest plan doesn’t address mortgage unknowns: analyst
14 September, 2011
Sept. 12 – Albion Financial Group Analyst Jason Ware says Bank of America targeting employee costs is a good first step towards cost cutting, but the major investor concern is the overhanging mortgage business.
Duration : 0:5:17
Miller Says FHFA Mortgage-Fraud Lawsuit Hurts Housing
06 September, 2011
Sept. 2 (Bloomberg) — Paul Miller, managing director at FBR Capital Markets Corp., talks about a potential lawsuit by the U.S. Federal Housing Finance Agency against Bank of America Corp. and other lenders over faulty mortgage loans.
Miller speaks with Adam Johnson on Bloomberg Television’s “Fast Forward.” (Source: Bloomberg)
Duration : 0:4:25