0
What loans were partially responsible for the home mortgage crisis during the 2000s?
Wiki User
∙ 12y ago
Sub-prime
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What should I do about my aunt's condo that I have title to and there have been no mortgage payments made?
Your name on the title implies that you own the condominium. Unless during the probate of her estate, there was a different disposition of the property, you own it. Not only are you responsible for the mortgage, you're also responsible for the monthly assessments. Not paying either of these debts will --sooner or later -- mean that the property will be foreclosed upon, sold and monies used to repay the mortgage and -- if the association has filed a lien -- the past-due assessments.
What is a mortgage arm?
ARM usually refers to an adjustable rate mortgage. The interest rate can go up during the life of the loan.ARM usually refers to an adjustable rate mortgage. The interest rate can go up during the life of the loan.ARM usually refers to an adjustable rate mortgage. The interest rate can go up during the life of the loan.ARM usually refers to an adjustable rate mortgage. The interest rate can go up during the life of the loan.
What is a mortgage escrow?
An escrow account is a secondary fund associated with a mortgage that covers the cost of home insurance during the period of the mortgage. The homeowners' mortgage payments typically cover both the amount due on the mortgage payment as well as the amount due on the escrow account.
What question should be asked during mortgage loan interview?
The main question that should be asked during mortgage loan interview is how the borrower plans to repay. A person who has no job or other steady source of income will not be able to pay the mortgage back and is not a good loan risk.
Does a mortgage company have to accept a late payment during a bankruptcy if they receive it?
No.
Is Random Assortment partially responsible for genetic diversity?
Yes, absolutely. Non Random 'Assortment' [during zygote formation] is responsible for most of the rest.
What was the crisis during the American Revolution?
the American crisis was to discourage the patriots during the revolutinary
If the condo is foreclosed on during the lien can you be sued for the lien amount after the condo has been foreclosed on?
You are responsible for all debits to the Association and Mortgage holder until the unit is sold. If the unit is sold the New owner get to pay your bad debit, the mortgage company will hold you responsible for any difference between the sales price and what is owed.
What should I do about my aunt's condo that I have title to and there have been no mortgage payments made?
Your name on the title implies that you own the condominium. Unless during the probate of her estate, there was a different disposition of the property, you own it. Not only are you responsible for the mortgage, you're also responsible for the monthly assessments. Not paying either of these debts will --sooner or later -- mean that the property will be foreclosed upon, sold and monies used to repay the mortgage and -- if the association has filed a lien -- the past-due assessments.
Which conditions where responsible for the subsistence crisis in France during the french revolution?
the increase in population during 1715 to 1789 from 23 million to 28million.this lead to rapid demand for grain.the production of grain was insufficient for population.so the prices of bread rose which was the staple food for the majority.most of people worked on wages.price of bread increased but not wages.bad harvest worsened the situation.this lead to subsistence crisis.
What is conscription crisis?
It was a political and military crisis in Canada during the Great War.
Who debated against Kennedy during the Berlin crisis?
Nikita Khrushchev from Germany debated against Kennedy during the Berlin Crisis.
Can construction projects continue during crisis?
Can contruction projects continue thru crisis?
What cancer did M.C. Escher have?
Escher was a sickly child. He suffered from skin infection during his college years. It was partially responsible for his switching from architecture to art design.
What is a mortgage arm?
ARM usually refers to an adjustable rate mortgage. The interest rate can go up during the life of the loan.ARM usually refers to an adjustable rate mortgage. The interest rate can go up during the life of the loan.ARM usually refers to an adjustable rate mortgage. The interest rate can go up during the life of the loan.ARM usually refers to an adjustable rate mortgage. The interest rate can go up during the life of the loan.
Were there malaysian peacekeeping forces during the Congo crisis during 1960?
yes they were
Who was the Soviet leader during the Cuban missile crisis?
Nikita KhrushchevNikita Kruschev was the leader of the Soviet Union during the Cuban Missile Crisis.
