Short sales (where the sales price was below
the estimated amount of all outstanding loans for a given property) of properties not in foreclosure increased 15 percent from the previous quarter and were up 17 percent from the third quarter of 2011.
Not exact matches
Despite these solutions, the most recent
estimate on
outstanding loan debt is up to $ 1.23 trillion according to research done by MarketWatch, and the average
amount of debt per person is roughly $ 30,000.
Representative Luke Messer from Indiana's Sixth District introduced a new bill, H.R. 1429, in early March that would help cut down on the
amount of student
loan debt by informing and educating students on their
outstanding debt as well as providing monthly payment
estimates upon graduation.
According to recent
estimates by The Economist, the
amount of outstanding student
loans will soon reach $ 1 trillion.
The overall size
of the mezzanine market — the dollar
amount of outstanding loans — is
estimated to be between $ 65 and $ 135 billion, according to Doug Vikser, a managing director at Parsippany, N.J. - based Prudential Financial.
The
estimated property value is $ 180,000, the
loan amount is $ 150,000, the
estimated outstanding balance
of the existing mortgage
loan is $ 120,000, and the interest rate is 4.25 percent.
For example, assume that a mortgage
loan amount is $ 250,000, the
estimated amount of all
outstanding mortgage
loans secured by the real property total $ 200,000, and the total
estimated closing costs disclosed under § 1026.37 (g)(6) are $ 10,000; the
amount disclosed under § 1026.37 (h)(1)(ii) is − $ 10,000, since the result
of the difference between the mortgage
loan amount and the
estimated amount of all
outstanding mortgage
loans secured by the real property is positive $ 50,000, but since there are only $ 10,000 in closing costs, the
amount disclosed is limited to − $ 10,000.