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Government-Backed Loans News is an EIN News Service for real estate professionals. Constantly updated news and information about reale state.
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  • Veto power for body overseeing RBS loans 8 Dec 2009 02:16 GMT
    ... Veto power for body overseeing RBS loans Published: December 8 2009 01:47 | Last ... updated: December 8 2009 01:47 A new government-backed agency set up to monitor the performance ... commercial property loans and £15bn of residential mortgages. Around £114.5bn of the insured assets are ...

  • Government-backed loans will soon require you to have good credit and a decent down payment 4 Dec 2009 16:47 GMT
    ... Ever get the feeling that sometimes, just sometimes, the universe is ... lots more maybe -- to secure a mortgage backed by the Federal Housing Administration, which ... least 5% down to get an FHA-backed loan. More than one real estate agent is ...

  • Treasury Presses Banks for Mortgage Relief 4 Dec 2009 07:13 GMT
    ... banks to help troubled homeowners permanently lower mortgage payments. The government blames banks and mortgage ... offenders and to withhold cash incentives until loan modifications are made permanent. The Treasury Department ... served as chief credit officer to the government-backed mortgage company Fannie Mae in the late ...

  • REIT Finds Capital in Preferred Stock, CMBS Offering 4 Dec 2009 15:42 GMT
    ... brand. Other financing has come from commercial mortgage-backed securitization (CMBS) offerings. The company recently raised ... US government review for Term Asset-Backed Securities Loan Facility (TALF) eligibility. Most investors balked, however, ... Most investors balked, however, at using the government-backed funds, as only a “small minority” of ...

  • Telford Homes 'in good shape' 2 Dec 2009 12:59 GMT
    ... It legally completed 224 open market homes (government-backed affordable housing) during the period, almost double ... Wiseman, as the number of 90% home loans picks up, but he points out these ... some of Telfords flats. The shortfall in mortgage finance is about 50,000 for many, forcing ...

  • Dubai's Debt Woes Could Further Unhinge U.S. Commercial Real Estate Sector 29 Nov 2009 06:56 GMT
    ... main property unit Nakheel. Concerns that a government-backed investment company risked default ripped through world ... month, delinquencies on U.S. commercial real estate loans that were packaged into commercial mortgage-backed securities reached 4.8%, more than six times ...

  • Real Estate Collapse in Dubai will Affect Indian HNIs 1 Dec 2009 05:36 GMT
    ... to haunt them, as the collapse of real estate prices in the emirate prompts calls for ... begun to accelerate after Dubai World, the government-backed conglomerate, last week sought moratorium on debts ... money managers say banks in the emirate loaned such clients 8-10 times their capital while buying ...

  • Treasury Pushes Mortgage Firms for Loan Relief 30 Nov 2009 18:37 GMT
    ... banks to help troubled homeowners permanently lower mortgage payments. would be required to submit plans ... on how they would decide whether a loan would be permanent modified. Bank that fall ... served as chief credit officer to the government-backed mortgage company A White House spokeswoman, Jennifer ...

  • U.S. Will Push Mortgage Firms to Reduce More Loan Payments 29 Nov 2009 00:33 GMT
    ... plans to announce a campaign to pressure mortgage companies to reduce payments for many more ... payments for borrowers, a vast majority of loans modified through the program remain in a ... served as chief credit officer to the government-backed mortgage company A White House spokeswoman, Jennifer ...

  • U.S. Will Push Mortgage Firms to Reduce Loan Payments » 29 Nov 2009 03:53 GMT
    ... the pace at which they are reducing mortgage payments for borrowers, a vast majority of loans modified through the program remain in a ... served as chief credit officer to the government-backed mortgage company A White House spokeswoman, Jennifer ...

  • US Will Push Mortgage Firms to Reduce More Loan Payments 29 Nov 2009 03:54 GMT
    ... the pace at which they are reducing mortgage payments for borrowers, a vast majority of loans modified through the program remain in a ... served as chief credit officer to the government-backed mortgage company A White House spokeswoman, Jennifer ...

  • U.S. to Pressure Mortgage Firms for Loan Relief 29 Nov 2009 05:50 GMT
    ... the pace at which they are reducing mortgage payments for borrowers, a vast majority of loans modified through the program remain in a ... served as chief credit officer to the government-backed mortgage company A White House spokeswoman, Jennifer ...

  • Treasury to pressure mortgage firms to speed loan relief 29 Nov 2009 07:33 GMT
    ... plans to announce a campaign to pressure mortgage companies to reduce payments for many more ... payments for borrowers, a vast majority of loans modified through the program remain in a ... served as chief credit officer to the government-backed mortgage company Fannie Mae in the late ...

  • Banks dragging feet on mortgage modifications 29 Nov 2009 11:17 GMT
    ... announce on Monday a campaign to pressure mortgage companies to reduce payments for many more ... in recent months, a vast majority of loans modified through the program remain in a ... served as chief credit officer for the government-backed mortgage company Fannie Mae in the late ...

  • Weekly Market Notes: Black Friday Sales - Good or Bad? 30 Nov 2009 09:03 GMT
    ... U.S. cut back the amount of money loaned to customers by $210.4 billion in the ... brackets will lose the ability to deduct mortgage interest from their state and local tax ... mortgages can then be sold to another government-backed entity, such as Ginnie Mae. Will the ...


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