Sentences with phrase «losses during the foreclosure»
These insurance providers took huge losses during the foreclosure crisis that began in 2008 (and is still ongoing).
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Mortgage insurance also reimburses the lender or investor for losses incurred during a foreclosure.
Condo Loans Reacting to losses sustained during the wave of foreclosures resulting from the subprime mortgage market meltdown, FHA — along with Fannie Mae and Freddie Mac (also known as government - sponsored entities, or GSEs)-- tightened lending standards for condo loans across the board.
«Despite recent losses suffered by Hispanics during the housing crisis, young Latino families that were unaffected by foreclosure or lost home values, are ready to enter the market,» says Carmen Mercado, president of the 20,000 - member group.