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Predictions for the mortgage industry in 1999 - Industry Overview
Home equity and second mortgages that close within hours of application, automated appraisals and risk-based lending are some of the trends that will ......(Continue Reading)Mortgage-backed securities
MORTGAGE-BACKED SECURITIES This month's column discusses a consensus reached at a recent meeting of the FASB emerging issues task force (EITF or task ......(Continue Reading)Mortgage conduits; a new source of financing for commercial real estate
Income-producing real estate properties are being financed by a new method called 'mortgage conduits.' Mortgage conduits are formed with a large group of loans. This large reserve of loans, typically...(Continue Reading)Lincoln refinances $112.5M through Fannie Mae - Lincoln Towers apartment cooperative, Manhattan, New York, New York, closes $112.5 million, 10-year financing
Lincoln Towers, the eight-building, 4,000-unit cooperative community on Manhattan's Upper West Side, announced that is has closed a landmark $112.5 million, 10-year refinancing. One of the larges...(Continue Reading)Homeowners scurrying to refinance, cut debt, reduce mortgage
Raphael Levinore was able to buy a bigger house with a swimming pool. Donna Helmka plans to install new windows in her home, pave her driveway and ......(Continue Reading) |
