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Facts - Wraparound Financing - When a seller keeps the existing loan and continues to pay on it, while giving the buyer another mortgage. -




LA Mortgage News:

Homebuilders Can Get Construction Loans, But Have Nowhere to Build - National Mortgage News


National Mortgage News

Homebuilders Can Get Construction Loans, But Have Nowhere to Build
National Mortgage News
"But in today's environment, you definitely have to put equity into the deal." Noel, the Louisiana builder, said that if banks don't start loosening up on development money, housing starts will drop and prices will rise. Nationally, according to the ...

and more »

FSOC: Congress must take on housing finance reform - HousingWire


HousingWire

FSOC: Congress must take on housing finance reform
HousingWire
... Director of the Federal Insurance Office; Adam Hamm, Commissioner, North Dakota Insurance Department; John Ducrest, Commissioner, Louisiana Office of Financial Institutions; and Melanie Lubin, Securities Commissioner, Maryland Office of the ...

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