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Mortgage meltdown prompts call for more enforcement in NH
Boston Globe - CONCORD, N.H. — New Hampshire’s banking commissioner says the mortgage meltdown sweeping the country shows it’s time to allow and documenting borrower income; notify borrowers of what their monthly payments will be after their adjustable loans reset
Source: www.boston.com

Gramercy Capital Corp. and SL Green Realty Corp. Announce Sale
MSN MoneyCentral - Gramercy Capital Corp. is a commercial real estate specialty finance company that specializes in the direct origination and acquisition of first mortgage loans, subordinate mortgage participations, mezzanine loans, preferred equity, real estate
Source: news.moneycentral.msn.com

Governor Rendell Urges Homeowners to Brace for Mortgage ‘Payment Shock
Forbes - There also needs to be clearer disclosures to help borrowers better understand their loans.” In a recent survey by the Federal Trade Commission, 20 percent of borrowers could not, after reading their mortgage disclosure forms, correctly identify the
Source: www.forbes.com

This entry was posted on Tuesday, July 3rd, 2007 at 6:20 am and is filed under Online Mortgage Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.