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Downey, Community National Face Wrath of Regulators (Update1) - BloombergNov. 13 (Bloomberg) -- Downey Financial Corp. was told by U.S. regulators to raise capital by year-end or face seizure. GMAC Bank can't install an ATM on property controlled by its biggest owner without getting federal permission. Community National ...
When you owe more than home is worth - Arizona Daily StarOne in four Tucson homeowners who bought during the last five years now owe more on their mortgages than their homes are worth, a troubling sign for the Old Pueblo's declining housing market and broader economy. A large chunk of those homeowners who ...
Once among nation's tops in appreciation, Utah home prices tumble - Salt Lake TribuneUtah, which just two years ago had among the highest rates of housing appreciation in the country, has joined much of the rest of the nation struggling with the problem of falling home prices, a report released Tuesday shows. The state had a 1.6 ...
Today's Mortgage Terms starting with G
Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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