Homeowners, beware of ‘foreclosure rescue’ scams
If you are facing the threat of losing your home, be wary of companies offering to “help” you out of your difficult financial situation.
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Subprime loans backfiring in slowing market The hangover from the lending spree that fed the real estate boom during the first half of this decade keeps worsening, with the most acute pain tormenting the mortgage niche
Societe Generale Branches Out Societe Generale, the second-largest French bank by market value, plans to open more branches in Russia to gain clients in an economy growing five times faster than France's.Societe Generale aims
Mortgage Rates Dip for 3rd Week (KiplingerForecasts.com) Mortgage rates around the country dipped for a third week in a row, pushing 30-year mortgages to their lowest level since April. Mortgage giant Freddie Mac said Thursday that 30-year,
Home equity total near record level In its latest quarterly statistical report, the Federal Reserve calculated that American homeowners' equity accounts totaled $10.9 trillion by mid-2007. That was the net difference between total home mortgage
'Straw buyers' ran up mortgage loan scam (Chicago Sun-Times) In what authorities say is a symptom of the excesses in the subprime mortgage market, 15 people are charged with fraud involving at least nine homes valued at more than
Help for Homeowners Facing High Mortgage-Rate Resets Many programs offer to bail you out of an impending home-loan increase. Do any really help? read more...