Home Mortgage Loans
mobile

Double standard in mortgage walkaways (The Cincinnati Enquirer)

February 1, 2010 by · Leave a Comment 

Tishman Speyer Properties walks away from 11,232 Manhattan apartments because it can’t pay its mortgage. That’s good business.

See original here:
Double standard in mortgage walkaways (The Cincinnati Enquirer)

mobile

Mortgage approvals dip in December  (Reuters via Yahoo! UK & Ireland News)

February 1, 2010 by · Leave a Comment 

Mortgage approvals unexpectedly fell in December, the first drop since November 2008, suggesting the last year’s rebound in the housing market may be petering out, though there was a surprise increase in consumer lending, Bank of England figures showed on Monday.

Original post:
Mortgage approvals dip in December  (Reuters via Yahoo! UK & Ireland News)

mobile

Double standard in mortgage walkaway (Jefferson City News Tribune)

January 31, 2010 by · Leave a Comment 

NEW YORK (AP) — Tishman Speyer Properties walks away from 11,232 Manhattan apartments because it can’t pay its mortgage. That’s good business. Rick Gilson, a college custodial supervisor in South Dakota, wants to walk away from the mortgage on his mobile home.

Read the rest here:
Double standard in mortgage walkaway (Jefferson City News Tribune)