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The harmful economics of usury laws: usury laws, regardless of their form, hurt consumers rather than protect them. By studying the Italian mortgage market, … An article from: Mortgage Banking

admin — Sat, 14 Jan 2012 16:20:08 +0000

The harmful economics of usury laws: usury laws, regardless of their form, hurt consumers rather than protect them. By studying the Italian mortgage market, … An article from: Mortgage Banking

This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on June 1, 2005. The length of the article is 3152 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: The harmful economics of usury laws: usury laws, regardless of their form, hurt consumers rather than protect them. By studying the Italian mortgage market, we see how any form of price controls is harmful to a society seeking to foster homeownership.(Economics)
Author: Leandro DalleMule
Publication: Mortgage Banking (Magazine/Journal)
Date: June 1, 2005
Publisher: Mortgage Bankers Association of America
Volume: 65 Issue: 9 Page: 96(5)

Distributed by Thomson Gale

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Bank Of America Takes Loss, Solid Performance ‘Clouded’ By Mortgage Hit

admin — Tue, 19 Jul 2011 21:28:20 +0000

Bank Of America Takes Loss, Solid Performance ‘Clouded’ By Mortgage Hit
Firm touts strong underlying business after red ink from Countrywide settlement.

Obama Administration Offers Additional Mortgage Relief to Unemployed Homeowners

admin — Mon, 11 Jul 2011 21:27:37 +0000

Obama Administration Offers Additional Mortgage Relief to Unemployed Homeowners
RISMEDIA, July 12, 2011—Recently, the Obama Administration announced adjustments to Federal Housing Administration (FHA) requirements that will require servicers to extend the forbearance period for unemployed homeowners to 12 months. The Administration also intends to require servicers participating in the…

Rate on 30-year fixed mortgage rises to 4.60 pct.

admin — Sat, 09 Jul 2011 21:40:17 +0000

Rate on 30-year fixed mortgage rises to 4.60 pct.
share: digg facebook twitter WASHINGTON (AP) — Fixed mortgage rates rose this week by the most in four months. The average rate on the 15-year fixed mortgage, a popular refinancing option, rose to 3.75 percent. [...] low mortgage rates and plummeting home prices have done little to boost the troubled housing market. The average rate on a one-year adjustable-rate loan rose to 3.01 percent, just …

Borrower Blasts Bungling Mortgage Servicer

admin — Fri, 08 Jul 2011 21:47:02 +0000

Borrower Blasts Bungling Mortgage Servicer
Stuck with a new mortgage servicer? Get used to it if you can’t pay off your home loan.

LendingTree Weekly Mortgage Rate Pulse Reports Slight Increase in Rates

admin — Thu, 07 Jul 2011 21:43:32 +0000

LendingTree Weekly Mortgage Rate Pulse Reports Slight Increase in Rates
CHARLOTTE, N.C., July 6, 2011 /PRNewswire/ — Average mortgage rates rose slightly this week according to the LendingTree Weekly Mortgage Rate Pulse, which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network. (Logo: http://photos.prnewswire.com/prnh/20110518/MM04455LOGO ) On July 5, average home loan rates offered by LendingTree …

‘Mortgage Approved!’ 5 factors that make it happen

admin — Mon, 04 Jul 2011 21:31:01 +0000

‘Mortgage Approved!’ 5 factors that make it happen
Don’t assume you won’t qualify for a home loan.

Mortgage servicing firms meet with loud criticism

admin — Sun, 03 Jul 2011 21:25:43 +0000

Mortgage servicing firms meet with loud criticism
Errors, misbehavior point to need for reform Errors, misbehavior point to need for reform

Fixed mortgage rates hold steady near yearly lows

admin — Sat, 02 Jul 2011 21:25:45 +0000

Fixed mortgage rates hold steady near yearly lows
Fixed mortgage rates were mostly unchanged this week, hovering near their annual lows. The average rate on the 30-year loan rose slightly to 4.51 percent, Freddie Mac said Thursday.

Mortgage REIT Dividends Look Risk Free This Summer

admin — Thu, 30 Jun 2011 21:24:48 +0000

Mortgage REIT Dividends Look Risk Free This Summer
NEW YORK, NY–(Marketwire – 06/30/11) – Mortgage Real Estate Investment Trusts (mREITs) have garnered significant attention this month as favorable interest rate spreads allowed several companies in the sector to hike their quarterly dividends. The Bedford Report examines the outlook for diversified REITs and provides equity research on American Capital Agency Corporation (NASDAQ: AGNC – News …

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