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Second Mortgage Loans

December 21, 2014
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Second Mortgage Loans
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Second Mortgage Loans

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Real Estate and Home Loan News



New York Times

'Piggyback' Loans Revisited
New York Times
During the housing bubble, piggyback, or combination, loans were commonly available as what were known as 80/20s. A home buyer got a first mortgage for 80 percent of the purchase price, then a second, subordinate mortgage from the same or a different ...


Housing Wire

Lenders fear weakening mortgage demand in 2015
Housing Wire
For non-GSE-eligible loans, more lenders reported easing of credit standards than tightening for the second consecutive quarter. Despite this, consumer demand reported for single-family purchase mortgages over the prior three months declined significantly ...

and more »

Accurate Mortgage Announces Addition of Second Mortgage Program to Their ...
Broadway World
Accurate Mortgage is pleased to announce the addition of a Second Mortgage Program to their lineup of available mortgage options. This new program allows Accurate Mortgage to accommodate borrowers wishing to take out two loans at the same time, ...

and more »

Financial Reporter

Connect Mortgage Club to offer second charge BTL products
Financial Reporter
Connect Mortgage Club has added The Loans Engine to its panel, providing its members with access to second charge BTL products. As well as access to the second charge buy-to-let range, advisers will be able to generate instant offers on their buy-to-let ...


Mortgage Delinquency Creeps Up
Mortgage Daily
Loan performance, however, remains better than last year. Consumer credit 90-day delinquency was 1.07 percent in November. The rate reflects performance on auto loans, bank cards and first and second mortgages. Serious delinquency edged up a basis ...




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