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Countrywide VIP mortgage program investigation goes dark

Moody’s: Single-family rental equity securitization poses more risk The "equity" structure favored by bankers for deals in which real-estate investors create securities backed by the rental payments of single-family homes poses significant risks to.

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January 29, 2019 | So-called “dark money” contributions originating from shell. Hamburgers and hotdogs are the go-to food choices for many Americans on the.. and congressional investigations into his VIP mortgage program, Countrywide .

Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of. had his investigators question Feinberg as part of a broader investigation into Countrywide.

Investigators initially believed it was a skydiving accident. But police learned during the investigation that it was a suicide. A man who answered the phone for Skydive DeLand declined to give many.

 · Some Dems are blocking the investigation into Countrywide because they took sweet mortgage loans from the same and don’t want to be exposed. But those involved can’t block the investigation forever; the emails and documents will see the light of day and those involved will (hopefully) suffer the consequences – or at least not get re-elected!

Large housing inventories to be sold at deep discounts in 2011: DBRS How much money do house flippers make? According to RealtyTrac’s U.S. Home Flipping Report, investors made an average gross profit of $63,000 per flip last quarter. In other words, on average, houses sold for $63,000 more than they were purchased for. With the united states real estate market heating up, many people are getting into flipping.

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It was, plain and simple, Congress, who forced everybody to go and give mortgages to people who. and Urban Development began setting “affordable” mortgage goals for the agencies. Countrywide was a.

Dodd getting a sweetheart deal through the Countrywide VIP program is not illegal. If you or I could get a similar loan, we would have no reason to ‘sweat bullets’ – in fact, we would be stupid not to take the deal. Where Dodd’s behavior becomes questionable is that his committee has oversight responsibilities on Countrywide & the financial.

Mortgage applications jump 21.7% on refinancing activity Refi Mortgage Applications Jump in U.S. Residential News United States Edition. The refinance share of mortgage activity increased to 59.1 percent of total applications from 55.8 percent the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 6.0 percent of.

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