Comments on: Mortgage Market Update http://lenderama.com/2009/10/05/mortgage-market-update-97/ The Original Mortgage Blog. Providing the Mortgage Industry with News and Information Since 2005. Wed, 17 Mar 2010 10:00:03 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: lazagaleta http://lenderama.com/2009/10/05/mortgage-market-update-97/comment-page-1/#comment-4633 lazagaleta Tue, 06 Oct 2009 11:20:33 +0000 http://lenderama.com/?p=3008#comment-4633 The mortgage market here in Spain is absolutely awful currently, LTV is a thing of the past, as is a decent rate of approvals. Banks were so quick to throw money at ex-pats here in the Costa Del Sol and are now seeing so many delinquencies it is untrue.<br><br>Many people are simply walking away from their overseas investments in the home that the banks won´t chase them back inn their home countries. A littlñe naive I think.<br><br><a href="http://www.firstpropertychoice.com/portfolio.aspx?portkey=135" rel="nofollow">La Zagaleta</a> The mortgage market here in Spain is absolutely awful currently, LTV is a thing of the past, as is a decent rate of approvals. Banks were so quick to throw money at ex-pats here in the Costa Del Sol and are now seeing so many delinquencies it is untrue.

Many people are simply walking away from their overseas investments in the home that the banks won´t chase them back inn their home countries. A littlñe naive I think.

La Zagaleta

]]> By: MattCady http://lenderama.com/2009/10/05/mortgage-market-update-97/comment-page-1/#comment-4632 MattCady Tue, 06 Oct 2009 05:47:15 +0000 http://lenderama.com/?p=3008#comment-4632 Rates have been fantastic recently! I hope the lack of data coming out in the near future means we keep this pricing...<br>-Matt Cady <A href="http://www.socalmortgageguy.com" rel="nofollow">Orange County Mortgage</A> Rates have been fantastic recently! I hope the lack of data coming out in the near future means we keep this pricing…
-Matt Cady Orange County Mortgage

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