RGV home, garden show 'Going Green' begins today The Rio Grande Valley Home and Garden Show plans on "Going Green" today through Sunday, as the home improvement exhibition comes to McAllen for its 18th year. via Valley
?Liar loans? worsen U.S. mortgage crisis (The State) In the mortgage industry, they are called ?liar loans? ? mortgages approved without requiring proof of the borrower?s income or assets. The worst of them earn the nickname ?ninja loans,?
Mortgage Meltdown Affects Charlotte Market, Opportunity for Some (WBTV Charlotte) There are signs the mortgage meltdown may be starting to impact the Charlotte region.read more...
Fannie Names New CFO, Risk Chief Fannie Mae shook up its top ranks, announcing its chief business officer and two others are leaving as it moves to save capital. Shares surged 15%.read more...
BancTec launches mortgage outsourcing service (Finextra) BancTec Limited, the financial systems and outsourcing specialist, today announced a cost effective new mortgage product sourcing service for packagers and lenders.read more...
Euro banks halt trading in some mortgage bonds (CNN Money) Growing unease among investors has driven banks in Europe to temporarily suspend trading of covered bonds, the latest sign of the deepening problems in the mortgage debt market.read more...
If you needed to stretch your actual income to qualify for a mortgage to buy the house you love, would you consider telling a little white lie, fibbing to your lender? What if your loan officer thought up some …
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