All Posts Tagged With: "LTV"
Should The FHA Insure Luxury Condo Loans?
Last week Senator Charles Schumer (D-NY) announced an effort to increase the size of FHA builder loan guarantees for new housing units in major cities. Now Bloomberg News is reporting that FHA loans are being used to finance the acquisition of luxury apartments in New York. “The Federal Housing Administration agreed in March to insure [...]
17Aug2010 | Peter G. Miller | 0 comments | Continued
The Mortgage Modification That Hurts Borrowers
Our lender has modified our mortgage. That sounds pretty good because mortgage modifications are in the news and some people very much need new rates and terms. But in this case, what’s happened is this: Out of the blue and without any other notice our lender has cut off our home equity line of credit [...]
7Apr2010 | Peter G. Miller | 0 comments | Continued
Real Estate Exit Strategy: What If There’s No Way Out?
One of the great wonders of modern life is the ability to borrow — and borrow and borrow and, well, you get the idea. I always tell folks there is no shortage of either lenders or loans, the real question concerns borrower preferences. If a borrower is sufficiently “motivated” then there are always loans to [...]
19Aug2008 | Peter G. Miller | 0 comments | Continued
© Copyright 