Mortgages

Redlining - Current Issues - Mortgages
... in the 2000s saw black communities as fertile ground for subprime mortgages ... in their sermons, and the bank would make a donation to the church in return for every new mortgage application ... almost twice as likely to end up with subprime home-purchase mortgages as low-income whites ...

Federal Housing Administration - FHA Today
... the FHA and HUD have insured over 34 million home mortgages and 47,205 multifamily project mortgages ... Currently, the FHA has 4.8 million insured single family mortgages and 13,000 insured multifamily projects in its portfolio ... Following the subprime mortgage crisis, FHA, along with Fannie Mae and Freddie Mac, became the source of much of the United States mortgage financing ...

Federal Housing Administration - History
... At this time, most home mortgages were short-term (three to five years), no amortization, balloon instruments at loan-to-value (LTV) ratios below ... banking crisis of the 1930s forced all lenders to retrieve due mortgages ... was not available, and many borrowers, now unemployed, were unable to make mortgage payments ...

Home Owners' Loan Corporation
... Its purpose was to refinance home mortgages currently in default to prevent foreclosure ... This was accomplished by selling bonds to lenders in exchange for the home mortgages ... Through its work it granted long term mortgages to over a million people facing the loss of their homes ...

Foreclosure - Renegotiation Alternative
... the wake of the United States housing bubble and the subsequent subprime mortgage crisis there has been increased interest in renegotiation or modification of ... Home Affordable" plan have offered incentives to renegotiate mortgages ... to securitization and a large number of claimants with security interest in the mortgage ...