Featured News, Home Builders/Developer's, Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

Atlanta Development Authority Announces $50,000 Down Payment Assistance

By Donna S. Robinson | September 2, 2011
The Atlanta Development Authority has announced that they have new mortgage funding available beginning September 1st of 2011, until April 15th of 2012. Read the press release here. This new program is funded through the Federal New Issue Bond Program. It aims to make mortgage funding available to home buyers who meet specific qualifications. One […]
Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

AIG To Sue Bank of America Over High Losses on Mortgage Backed Securities

By Donna S. Robinson | August 9, 2011
The New York Times is reporting that AIG is planning to sue Bank of America over losses related to mortgage backed securities. Click Here to read the entire NYT article.   But the real essence of this story reaches back to the companies that were originating the mortgages in the first place. Bank of America […]
Commercial Real Estate, Mortgage, Real Estate, US Real Estate

Commercial Mortgage Delinquencies At All Time High

By Donna S. Robinson | August 4, 2011
Trepp LLC, an analytical research firm, is reporting that U.S. commercial mortgage delinquency rates reached an all time high of 9.88% in July. According to Trepp, this is a new record for the commercial mortgage market. All of the ratings agencies have been reevaluating their ratings process and making changes. There is some concern that […]
US Real Estate

Prove You Own My Mortgage!

By Mike Wheatley | June 3, 2011
Struggling owners of delinquent homes have found a new wild-card to play in the fight to save their homes from a foreclosure order – forcing mortgage companies to prove they own their loans.   More and more homeowners are successfully arguing in court that their money lenders have no proof they own the loan they […]

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