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American Home Loans

Borrowing in America: Home Mortgages, Foreclosures and Predatory Lending 11-17-07

The Federalist Society's Financial Services & E-Commerce Practice Group presented this panel discussion at the 2007 Annual National ...

Native American farm fund to start disbursing millions in civil rights case

One initiative could be to improve Indian Country access to the $260 billion taxpayer-subsidized Farm Credit System by reducing lender risk, she said, in much the way private mortgage insurance helps home borrowers meet down payments required for federally subsidized mortgage loans.

Applicants working reservation land are eligible for fewer and smaller loans because they do not hold title to the land, which remains held in trust by the federal government, Meeks explained.

As the lawsuit wound through the court for years, attorneys for the government and for the farmers and ranchers injured by federal discrimination estimated there were 10,000 people who would be eligible for a payment.

But only 3,600 succeeded in meeting payout terms - and they received about $77 million in all.

That left the large pool of unclaimed money.

Some nonprofits have already been awarded $38 million to use on projects including scholarships and research grants in agriculture, extension programs for 36 tribes, a new national community development bank and new services to assist native farmers with legal and loan paperwork, according to documents obtained by The Post.

Foreign home loans such as American home loans for Australian property?

I am currently looking for a way to refinance my Australian property with a foreign loan. As the Australian interest rates continue to rise many other countries have rates around the 5% mark.

Yes - ST George bank lends in foreign currency - only problem is that you need to earn in foreign currency - you cannot borrow if you are an Australian living and earning in this country for property located here.
Hope that helps.......