Skip to main content

Managing real estate assets as carefully as you manage interest rate risks

National Mortgage Professional
Aug 13, 2006

The New York Mortgage Company introduces Homeowner Protection ARMMortgagePress.comAdjustable-rate mortgages, The New York Mortgage Company The New York Mortgage Company has introduced an adjustable-rate mortgage (ARM) loan that limits borrowers' interest rate risk while still allowing them to enjoy the benefits of falling rates - the Homeowner Protection ARM. The Homeowner Protection ARM is a 30-year loan that starts at 6.5 percent for three months and has a 6.99 percent cap for the first 10 years, with a floor of four percent. The rate, pegged to LIBOR, is adjusted monthly and has a margin of 1.5 percent over LIBOR. New York-based The New York Mortgage Company is a mortgage bank and subsidiary of real estate investment trust New York Mortgage Trust Inc. For more information, call (866) 563-6962 or visit
Aug 13, 2006
CFPB Slaps Bank Of America With $12 Million Penalty For False Mortgage Data Reporting

For at least four years, hundreds of Bank of America loan officers failed to ask mortgage applicants certain demographic questions.

Rising Home Values Propel Higher Loan Limits

FHFA Announces 5.6% Increase in Conforming Loan Limits for 2024

NMLS — Then, Now, And To Come

Leaders reminisce, plan, and dream about the regulatory group on its 15th birthday

Fannie Mae, Freddie Mac Shareholders Win Prejudgment Interest On $299M Verdict

Federal court upholds shareholders' right to interest after government's wrongful claim on profits; simple interest rate set, drawing from Delaware law precedent.

ADUs Can Now Be Sold Separately In California

‘Backyard revolution’ opens up the affordable housing market.

Cracking The Crackdown

How to eliminate and prevent ‘junk’ fees to avoid penalties