Types Of Bankruptcy

Lehman in talks to sell $30 bln mortgage assets: report (Reuters via Yahoo! News)   Lehman Brothers Holdings Inc is in talks with prospective buyers to sell about $30 billion in commercial mortgage assets and other hard-to-value securities, the New York Post reported on


Some Buy a New Home to Bail on the Old  In markets hit hardest by falling home prices and rising foreclosures, borrowers with good credit buy a new home -- often at a much lower price -- then bail out


Mortgage application fees may rise on appraisal reform (CNN Money)  It's going to cost some borrowers even more to get a mortgage beginning in 2009.read more...


Sometimes, It's the Agent Who Wants to Break Up   Q In a recent column about listing agreements, you wrote that you never advise sellers to sign an agreement longer than 90 days. This poses a problem for me. read more...


Amid Mortgage Mess, Auto Loans Also Lag (Investor's Business Daily via Yahoo! News)   Like a burgeoning traffic jam, the nation's subprime mortgage fiasco is spilling over into many arteries of consumer life.read more...


U.S. home loan demand rises despite higher rates  U.S. mortgage applications rose last week, led by increased demand for home purchase loans even as interest rates climbed for a fourth consecutive week, an industry trade group said on

July 24th, 2007

How to ‘hold paper’ (carry a mortgage) on a realty investment

“That doesn’t mean they’re all deadbeats”

Sellers who really need to cash-in their houses should consider lining up an investor to buy the note the instant it is created. via HeraldTribune.com



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