| An S&L's Path To The CliffForbes, NY - Dec 3, 2008Five years ago, board members warned McAlister that negative-amortization loans, in which the principal balance goes up, not down, sounded dodgy. ... |
 San Diego CityBEAT | Horror at the high pointSan Diego CityBEAT, CA - Dec 2, 2008The Brownings finally managed to refinance into a fixed-rate, negative-amortization loan. Negative amortization allows the borrower to make mortgage ... |
Downey closes due to lossesDaily Pilot, CA - Dec 1, 2008Many mortgages were negative amortization loans, which have a high default rate. By Brianna Bailey Federal regulators have shut down Newport Beach-based ... DSL |
 Markets Media (press release) | FDIC ModSquadMarkets Media (press release), NY - Dec 3, 2008... and fees that borrowers pay if principal is paid off in full or in part (as in the case of Negative Amortization loans) before a specified time. ... |
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Source: Google News |