Option ARMs: A Cautionary Tale
June Fletcher discusses why now might not be the best time to choose an option adjustable-rate mortgage.
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Lawmakers target mortgage brokers (The Nashua Telegraph) WASHINGTON -- Mortgage brokers, under fire for steering borrowers into high-cost home loans, are a prime target of fair-lending legislation soon to be unveiled on Capitol Hill. ... - By
BankUnited earnings take a tumble as part of restructuring (Reg Req'd) BankUnited Financial reported a loss for its fiscal third quarter, which ended June 30, but said the results reflected a deliberate decision to prepay over $400 million in high-rate borrowings
Renting by the golden rule "We're out there to improve Oshkosh" Bob Knudsen couldn't be happier sleeping on the couches of friends and family members since he returned to Oshkosh from Alaska. via WisInfo
Duncan Suspends Home Building With County Executive Douglas M. Duncan and County Council members reacting to widespread building violations in Clarksburg Town Center, buyers waiting for homes to be built in Montgomery could face
Projects aim to attract new conventions By Blake Aued, Athens Banner-Herald, Ga. Knight Ridder/Tribune Business News Aug.read more...
Retiree hits roadblock in residence lawsuit A man denied a lease for an apartment at the Brookside Gardens complex in Somerville was dealt a legal setback by an appeals court last week in his discrimination