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2. Bank walkaway - Wikipedia

   en.wikipedia.org/wiki/Bank_walkaway

   A bank walkaway is a decision by a mortgage lender (a bank) to not foreclose on a defaulted mortgage (when the borrower has ceased to make the payments), or to not complete foreclosure proceedings (to "walk away" from the mortgage).

3. Mortgage application: What’s included and how to prepare - AOL

   www.aol.com/finance/mortgage-application...

   Most lenders in the U.S. use the Uniform Residential Loan Application, but you might come across another similar application in the process of finding financing for a home. All applications have ...

4. Follow these 9 steps to get a good deal when buying a car

   www.aol.com/finance/9-steps-good-deal-buying...

   Look for a loan application on the mobile web pages of your bank, credit union, or other lenders such as Capital One or Nationwide. ... it's not necessarily a reason to walk away from a deal. Here ...

5. The best home loan: how to shop for and compare ... - AOL

   www.aol.com/finance/best-home-loan-shop-compare...

   Gift letters indicating that money gifted to you to buy a home is not a loan, if applicable. ... you can make the mortgage application process quicker and easier. Step 3: Compare mortgage offers ...

6. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   The Housing and Community Development Act of 1992 established, for the first time, a mandate to Fannie Mae and Freddie Mac for loans to enable home ownership of less expensive housing, a mandate to be regulated by the Department of Housing and Urban Development (HUD). Initially, the 1992 legislation required that 30% or more of Fannie's and ...

7. No income, no asset - Wikipedia

   en.wikipedia.org/wiki/No_Income,_No_Asset

   It was described as a no income, no job, [and] no assets loan because the only thing an applicant had to show was his/her credit rating, which was presumed to reflect willingness and ability to pay. The term was popularized by Charles R. Morris in his 2008 book The Two Trillion Dollar Meltdown , though the acronym had been publicly used by some ...

8. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

9. News, Politics, Sports, Mail & Latest Headlines - AOL.com

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   Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.