Leading mortgage lender tightens lending standards, turns to more expensive $11.5 billion line of credit to maintain liquidity; chairman cashing out.Countrywide said its decision to tap the line of credit should help it weather the current credit market crisis:
“Countrywide has taken decisive steps which we believe will address the challenges arising in this environment and [...]
Archive for August 16th, 2007
Countrywide turns to banks for help – Aug.16
Posted in Bank Owned Properties, Foreclosure, HUD, Industry News, Mortgages, REO on August , 07 | Leave a Comment »
Qué es un ARM?
Posted in Hispanic Market, Real Estate en Espanol on August , 07 | Leave a Comment »
Existen varios tipos de programas para el préstamo de la casa que usted desea comprar. Usted escuchará hablar de Intereses Fijos (Fixed) y de Préstamos de Interés Variable (Adjustable).
En el documento anexo, extraido de información preparada por el Federal Reserve Board, se explica en detalle el ARM y responde algunas preguntas típicas.
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