Within the year Nellie married Bert Mall, Peter's eldest son, and Martin, at once, bought out her half interest in the farm, stock and implements, giving a first mortgage
to Robinson in order to pay cash.
The impressive business volume produced by the NCB New York team reflects significant lending activity to larger cooperatives with over 100-units each combined with a healthy amount of first mortgages
originated for building of all sizes.
Solid financing activity continued during August, as cooperative boards moved ahead with loan originations in the form of first mortgages
and lines of credit," said Edward Howe III, Managing Director of the NCB New York office.
Having recently expanded our membership eligibility to include all people who live, work, worship, volunteer, or attend school in the seven-county Twin Cities metro area, and their immediate family members, we have a significant opportunity to positively influence the financial success of more people through TopLine membership, including lower rates on first mortgages
and home equity loans.
AMAC originates and acquires mezzanine loans, bridge loans, and government-insured first mortgages
secured by properties throughout the United States.
4 million in first mortgages
and $13 million in lines of credit.
Similarly, under current disclosure practices, investors are not informed about the presence of simultaneous second mortgages, because loan eligibility requirements for GSE securities traded in forward "To Be Announced" (TBA) markets do not account for the potential impact of piggyback seconds on the payment performance of securitized first mortgages
due to higher combined loan-to-value ratios.
Ashford Hospitality Trust is a self-administered real estate investment trust focused exclusively on investing in the hospitality industry across all segments and at all levels of the capital structure, including direct hotel investments, first mortgages
, mezzanine loans and sale-leaseback transactions.
Financing activity during November again saw record numbers, thanks in part to two major first mortgages
for cooperatives in the area," stated Howe, managing director of the NCB New York office.
Our second-home loan is available at the same low mortgage rates as our first mortgages
," said Marc A.
Steady lending volume during October was driven by cooperative and condominium boards continuing to take out first mortgages
and lines of credit to address their buildings' varied fiscal needs," stated Edward Howe III, managing director of the NCB New York office.
6, 1997--As the real estate market in Orange COunty and throughout California continues to improve, the fast-growing mortgage company DiTech Funding has announced its exclusive offering of all-new, 125 percent first mortgages
for qualified buyers.