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Hitch A Ride Home - mortgage program allows people who buy homes near mass transit to obtain larger loan amounts - Brief Article MORTGAGES | Hunt for a house near a bus stop or a train station, and tack on a MASS-TRANSIT BONUS to your loan. LOCATION is critical when you're buying ......(Continue Reading)Getting a Mortgage Gets Easier - hassle-free mortgages for self-employed or irregularly employed people - Brief Article Lenders are paring the paperwork for self-employed workers. The last time Phillip Juett took out a mortgage, in 1993, he had to give the lender several ......(Continue Reading)Derivative mechanics: the CMO - collateralized mortgage obligations - includes sidebar Collateralized mortgage obligations (CMOs), first introduced in 1983, are a form of financial derivative created to provide more stability and predictability ......(Continue Reading)Easy money: a little thing like bad credit won't cost you a mortgage loan Mortgages to people with imperfect credit have increased 40% between 1995 and 1997. These 'subprime' borrowers are attractive to mortgage companies because ......(Continue Reading)Changing face of the mortgage market - evaluation of mortgage financing in response to depressed real estate market Like the Phoenix that rose from the ashes, an innovative concept in capitalization and mortgage financing is catching fire and taking off, out of the ......(Continue Reading) |