Unbridled Markets: Conservatives Embrace Securitization Run Amok
American Progress - In the spring of 2006, Goldman, Sachs & Co. put together a package of some 8,274 second-mortgage loans originated by Fremont Investment & Loan, Long Beach Mortgage Co., and assorted other players. It was only one of 916 residential mortgage
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Lexington Hotel at Orlando CityPlace sold in bankruptcy court in a
Orlando Sentinel - But a second-mortgage holder could end up being the ultimate owner, in a deal worked out by the major creditors and the debtor, Orlando CityPlace LLC. U.S. Bankruptcy Judge Karen Jennemann agreed to the complex, two-part sale agreement, which took all
Homeowners in Detroit suburb demand protection from foreclosures
World Socialist Web Site - to get. Later he pointed out that if a homeowner has a FHA mortgage then they could petition for a partial claim, that is to see if they could take the arrearage and put it on the end of the mortgage, in effect getting a second mortgage