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Search 1) News For: Commercial Mortgage Texas High Ltv

Fannie, Freddie seizure impact felt in Texas  Tremors from the Sept. 7 government bailout of mortgage finance giants Freddie Mac and Fannie Mae are still being felt across the country and in North Texas, where the real estate industry already is dealing with a stalling housing market.

Ex-mortgage broker gets 30 months in high-profile fraud scheme  A federal judge Thursday sentenced a former mortgage broker to 30 months in federal prison for his role in a high-profile fraud scheme.

Lehman failure may hurt U.S. commercial property  NEW YORK Reuters - A bankruptcy by Lehman Brothers LEH.N may prompt the sale of its $32.6 billion of commercial real estate investments, and that just may be the jolt the U.S. property market needs to get sales started again, some real estate executives said.

Real Estate: Mortgage rates are lower, but getting a home loan is no easier  The government takeover of mortgage giants Fannie Mae and Freddie Mac has pushed mortgage rates lower, a boon for some home buyers and homeowners seeking to refinance, but it is not automatically going to make home loans easier to obtain.

Search 2) News For: Commercial Mortgage Texas High Ltv

Retail property owners face tough times as lending tightens  The days of easy money in a debt-fueled economy are long over. As we approach the one-year anniversary of the credit crunch, commercial real estate is not yet facing the same downward spiral as residential, but it is certainly soft out there. And while Texas is reportedly faring better than other parts of the country, there’s little to get excited about and much to raise the concerns of ...

Ike hammers Texas  Pushing a frightening wall of water two stories high ahead of it and packing ferocious winds spanning 600 miles across, Hurricane Ike began pummeling the Texas Gulf Coast on Friday night and had Houston dead in its sights for a direct hit before dawn. The Tribune's Howard Witt reports from Houston.

Texas Begins Arduous Recovery from Hurricane Ike  By Greg Flakus - On Sunday, U.S. Secretary of Homeland Security Michael Chertoff and other federal officials toured Galveston, Houston and other areas of Texas ravaged by Hurricane Ike when it made landfall Saturday. Chertoff says the first priority is to help people stranded by the storm and others in dire need of assistance. But as VOA's Greg Flakus reports from Houston, officials are ...

Mortgages qualify for KiwiSaver mortgage diversion  Amendments to the mortgage diversion regulations signed by Order in Council today allow more types of mortgages to qualify for the mortgage diversion facility, Finance Minister Michael Cullen and Revenue Minister Peter Dunne said today.

Search 3) News For: Commercial Mortgage Texas High Ltv

State probes Fossil Butte Drive mortgage-fraud allegations  Belinda Gardner thought it was too good to be true when a mortgage broker offered to pay her $20,000 if she would buy a new house on Fossil Butte Drive in northeast Colorado Springs and promise to live in it, even though she had no intention of moving.

Loans for health care properties up  Commercial mortgage originations for health care properties jumped 66 percent in the second quarter of 2008, compared with the same period a year ago, while loans for other types of properties fell, according to a recent report by the Mortgage Bankers Association, demonstrating at least one commercial-loan segment remains viable.

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