Sentences with phrase «during the housing boom earlier»
In a cash - in refinancing, something practically unheard of during the housing boom earlier in the decade, the homeowner pays down their mortgage balance at closing.
https://www.totalmortgage.com/ Not exact matches
«The apprehensions series displays spikes that coincide with well - known episodes of increased illegal immigration into the United States, such as after the financial crisis in Mexico in 1995 or during the U.S. housing boom in the early 2000s,» they write.
During the boom years of the early and mid-2000s, Roger and Lynda Cruz appear to have used the house as an ATM, taking advantage of its rapidly increasing property value to refinance often and take cash out, real estate records suggest.
Home prices in Seattle, for example, are currently 12 % higher than they were during the housing boom of the early to mid 2000s.
Across the railroad tracks, over the river, and up on a hill are new homes built during the housing boom of the late 1990s and early 2000s.
Earlier, I mentioned some of the high - risk mortgage products available during the housing boom.
During the housing boom of the early to mid 2000s, interest - only mortgages were often promoted as «affordability products.»
During the housing boom in the early to mid-2000s, underwriting standards were comparatively loose, allowing many people to take out home loans even though they lacked the means to repay them.
«Many buyers during the housing boom in the early 2000s took on large and risky financial commitments facilitated by relaxed borrowing standards and the belief that house prices would continue to appreciate.
In its first salvo earlier this month, the federal mortgage task force formed by the Justice Department sued Bear Stearns & Company, currently a unit of JPMorgan Chase, accusing the company of widespread misconduct during the heady days of the housing boom in the packaging and sale of mortgage securities.
Home prices in Seattle, for example, are currently 12 % higher than they were during the housing boom of the early to mid 2000s.