home equity

MEXIDATA . INFO (MEXIDATA . INFO)

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With home equity declining in the US market, buyers are cautious …. Those who desire to buy in Mexico are left with two borrowing options: commercial lending; or seller-backed financing.

Calif. prosecutors indict 19 in mortgage fraud scheme (San Francisco Chronicle)

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Federal prosecutors on Monday announced indictments in a mortgage scheme they say victimized more than 100 homeowners and siphoned off nearly $13 million in home equity. Dozens of people in California and elsewhere lost their homes in the scam, which...

Foreclosure rate hits record high

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More than 2% of all mortgages in the U.S. were in the process at the end of the fourth quarter. Home equity levels decline. Home foreclosures hit new highs and the amount of equity in homes reached new lows as the housing crisis escalated across the country in 2007, new figures showed Thursday.

Fitch Rates GSAA Home Equity Trust $168.94MM Series 2007-10 (Business Wire via Yahoo! Finance)

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NEW YORK----As of Oct. 30, 2007, Fitch rates GSAA Home Equity Trust's residential mortgage pass-through certificates, series 2007-10, as follows:

Fitch Rates GSAA Home Equity Trust $168.94MM Series 2007-10 (Business Wire via Yahoo! Finance)

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NEW YORK----Fitch rates GSAA Home Equity Trust's residential mortgage pass-through certificates, series 2007-10, as follows:

Mortgage Woes Will Worsen, Analysts Say - Forbes

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Washington PostMortgage Woes Will Worsen, Analysts SayForbes, NY - 5 hours agoThe loans, initially attractive options for buyers because of their cheaper "teaser" interest rates, can adjust higher after as little as two years. ...Countrywide's Net Declines 33 Percent on Home-Equity (Update1) BloombergCountrywide's Woes Deepen BusinessWeek

Top Lender Sees Mortgage Woes for ‘Good’ Risks - New York Times

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Washington PostTop Lender Sees Mortgage Woes for ‘Good’ RisksNew York Times, United States - 14 hours agoWhat was added to the worries yesterday was the idea that even credit-worthy homeowners would default on mortgages at higher rates as home prices fall — and ...Mortgage fears spark US stock selloff Bangkok PostCountrywide's Net Declines 33 Percent on Home-Equity (Update1) Bloomberg

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