Not exact matches
Do you have a Fannie Mae or Freddie Mac
loan and can not refinance due to
declining property values or a
loss of income?
Securities backed by auto
loans are structured to absorb a portion of anticipated defaults, but concerns have mounted over the last year that cumulative
losses on auto
loan securitizations may end up exceeding initial estimates, thanks to
declining underwriting standards.
Contract failures are cancellations caused by
declined mortgage applications, failures in
loan underwriting from appraised values coming in below the negotiated price, or other problems including home inspections and employment
losses.