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How The Program Works
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80 20 Mortgage Loan- 80/20 refers to the percentage of the value of the home for each mortgage.
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SBO arranges $104m financing for 80/20 residential project
Richard Bassuk, President of The Singer and Bassuk Organization (SBO) announced the closing of a $104 million loan for a 269-unit residential project ...... (Continue Reading) Build a relationship with your lender: forging a bond with your banker makes your mortgage search easier
When Maurissa Stone wanted to refinance her Laurel, Maryland, townhouse in 2003, reports of predatory lending made her cautious. While she didn't know ...... (Continue Reading) APF engineers new $177m Fannie Mae DUS loan
American Property Financing (APF) announced the closing of a $176.8 million Fannie Mac DUS loan for the construction of 125 West 31st Street in New York. This major transaction, engineered by APF... (Continue Reading) David Cronheim Mortgage Corporation
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David Cronheim Mortgage Corporation announced the following transactions: * A $7.8 million loan for an 80,000 s/f retail center in Springfield, N.J.... (Continue Reading) Fitch Rates GSR $1.29B Mortgage Loan Trust 2006-AR2
NEW YORK -- Fitch rates GSR Mortgage Loan Trust series 2006-AR2 residential mortgage pass-through certificates as follows: Group 1 certificates: --$50,673,100 classes 1-A-1, 1X, and 1RC, 'AAA'... (Continue Reading) A moldy loan: the anatomy of a lender put in jeopardy
Despite the lack of scientific proof that mold in homes causes serious occupant illnesses, the steady growth of mold litigation has not slowed in the ...... (Continue Reading) 'Piggyback' loan dodges mortgage insurance
Q. What are 80-10-10 loans? A. If a borrower put 10 percent down on a home purchase and got a mortgage loan for 90 percent of the property's value, ...... (Continue Reading) Loan loss provisioning methodology for community banks
Loan loss provisioning methodology has become a focus for regulators of community banks. During a recent RMA audioconference, the issues of how to calculate ...... (Continue Reading) Diversification benefits from geographical dispersion in multifamily mortgage portfolios
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