To fund her high-stakes gambling, she had liquidated her savings, sold several real estate holdings, auctioned valuables, and obtained a third mortgage on her home in La Jolla, California, the documents say.
As a parent, sometimes it seems like you have to take out a third mortgage on your home to pay for all the youth sports fees, especially if your child is in travel ball.
Third, if mortgage holders are to get relief, then someone, somewhere is by definition getting ripped off.
The Treasury Department released its third quarter assessment of mortgage servicers in the so-called Home Affordable Modification Program, or HAMP.
FORBES: Treasury Singles Out JPMorgan As Worst Mortgage Servicer Under Federal Program
Third, how giant mortgage lenders such as Countrywide Financial switched regulators so to fall under the lax oversight of the Office of Thrift Supervision, which was funded by fees paid by the regulated banks (and which also supervised AIG's derivative unit).
Mortgage payment delinquencies hit a 20-year high in the third quarter, according to the Mortgage Bankers Association, as borrowers were unable to refinance or sell their homes to get out of a credit pinch.
The only beneficiary of accelerated mortgage payments is the bank, whose money you are effectively lending back to it at zero percent interest, money it can hold to bolster its capital requirements or lend to someone else and earn fees by selling the mortgage to a third party.
What passes for property law in the Third World would scare off a mortgage lender.
Prime loan delinquencies were 2.57%, up from 2.44% in the third quarter, according to the Mortgage Bankers Association.
For braver souls, Snapper says it is also possible to deduct mortgage interest on a third home, if it's treated as an investment for tax purposes.
What passes for property law in the Third World would give shudders to any mortgage lender.
Both the overall homeowners measure and separate mortgage gauge peaked in the third quarter of 2007.
Or you could use a third-party company that charges your mortgage payment to your credit card each month (thus preserving any rebates or rewards that are only given to new purchases) in exchange for a fee.
Bank of America, like Citigroup, announced substantial losses in the third quarter from exposure to trading and mortgage securities, and at the time of its earnings announcement last week said it would rethink its investment banking business.
News earlier this week that a third Bear Stearns hedge fund, laden with mortgage debt, might be faltering raised even more concerns about the company.
The third leg of the strategy was to court mortgage lenders.
Lloyds TSB is to take over HBOS in a deal which will create a banking giant, holding close to one-third of the UK's savings and mortgage market.
The Federal Deposit Insurance Corp. says banks as a whole had the highest quarterly earnings total since the third quarter of 2007, when the subprime mortgage issues started to explode.
FORBES: Despite Rebound from '09 Losses, Bank Profits Still Hampered by Crisis
Non-mortgage borrowing by individuals shrank for a third month in a row - the first time since records began in 1993.
The bank said trading conditions have substantially deteriorated in the third quarter versus the second, and spreads on mortgage-backed securities and loans have widened sharply.
Using an ERP, the owner remains on title to the real estate or business, whilst a third party depletes its value, typically through a bogus mortgage or some other arrangement whereby the asset is used as collateral or security for a debt.
Mortgage banking is incredibly strong as evidenced in the third quarter by some of the biggest lenders.
FORBES: Even With $37.6B In Profits Banks Remain Under Pressure
On Thursday, Bernanke unleashed a third round of asset purchases, this time focused on the mortgage-backed securities market.
FORBES: Fed To Markets: Take Some QE3, There's A Lot More Where That Came From
However, they are in harmony with a report just released by the British Bankers Association saying mortgage lending by UK banks rose by almost a third in March.
According to Deutsche Bank, the ratio of rent to after-tax mortgage payments was 107.8% in the third quarter, implying rent is more expensive than a monthly home payment (for median homeowners).
According to Inside Mortgage Finance, Wells Fargo is writing about one-third of all retail mortgages this year.
Mortgage lending at Leeds Building Society jumped by more than a third last year despite a "challenging" economy, its annual results have shown.
One-third of folks in Brentwood are at least three months behind on their mortgage payments, too, so it seems likely that its foreclosure problem will get worse.
Treasury Secretary Henry Paulson provided a third view when he told The Wall Street Journal this week that several mortgage rescue plans floating around Capitol Hill amount to little more than a "bailout" for speculators and irresponsible lenders.
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