All Posts Tagged With: "foreclosures"

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ARM Resets and the End of the Crisis

There’s so much talk about subprime as the source of our woes but the fact is that there are a lot more ARMS out there then simply subprime. Subprime borrowers by definition would have the least ability to weather an ARM reset, but what about the rest of the ARM holders? In the past the [...]

18Apr2008 | Brecht Palombo | 0 comments | Continued
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Is Multifamily Investment Too Risky?

The Warren Group recently had a report that dove into the details of the foreclosure numbers in the state and took a look at how multifamily foreclosure numbers stacked up against the rest of the stock.
Petitions to foreclose are the first step in the foreclosure process; for all property types in Massachusetts, there were [...]

15Apr2008 | Brecht Palombo | 0 comments | Continued
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Massachusetts - You Made the List

Some Massachusetts communities have made the list of those with special financing restrictions from Genworth Mortgage Insurance. Mortgage insurance (commonly known as PMI )providers help to mitigate lender’s risks by insuring the difference between a buyer’s down payment and 20% of the homes cost. If for example you were to put 5% down to buy [...]

14Apr2008 | Brecht Palombo | 0 comments | Continued
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