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The Mortgage Specialists, Inc.v. Implode-Explode Heavy Industries, Inc. is a New Hampshire Supreme Court case in which Mortgage Specialists, a mortgage lender, sought to obtain the identity of an anonymous source who provided Implode-Explode Heavy Industries (Implode), a website monitoring risky lenders, with a confidential document detailing Mortgage Specialists' loan practices. [1]
On August 3, 2009, SIGTARP special agents raided the company's headquarters in Ocala, Florida, in connection with an investigation related to the company's acquisition of a majority stake in Colonial BancGroup, once one of the 25 biggest depository banks in the U.S. [3] Taylor, Bean & Whitaker had signed a deal on March 31, 2009, to become the majority owner of Colonial BancGroup in a $300 ...
Nearly two years later, I can confidently say that living debt-free in my 30s has completely changed my life.. For starters, the financial freedom of not being tied to a monthly mortgage has ...
The Department of Housing and Urban Development (HUD) loosened mortgage restrictions in the mid-1990s so first-time buyers could qualify for loans that they could never get before. [136] In 1995, the GSE began receiving affordable housing credit for purchasing mortgage backed securities which included loans to low income borrowers.
Average 30-year fixed mortgage rates are north of 7%, compared with 4.09% at the start of his first term. A family that puts 20% down on a $400,000 home would pay $594 more each month now compared ...
A growing property insurance crisis may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said Tuesday in testimony before Congress.
National Mortgage News's predecessor, National Thrift News, was founded in 1976 by Stan Strachan, Wesley Lindow, and John R. Glynn.In 1988 National Thrift News won the Polk Award in Financial Reporting [1] for its coverage of the savings and loan crisis; in September 1987 it had been the first media outlet to break the Keating Five story. [2]
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