Borrowing crisis looms
Unemployment would lead almost two-thirds of borrowers to default on personal loans and credit card balances within three months of losing their income.
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Looser Credit on the Way In 'Declining' Markets? Could the mortgage industry scrap its controversial practice of listing hundreds of local real estate markets as "declining" -- and restricting lending there through higher down payments or credit scores? read
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Bottom Line In its weekly survey, mortgage giant Freddie Mac reported Thursday that rates on 30-year fixed-rate mortgages fell to 5.80 percent, compared with last week's 5.89 percent.read more...
Fremont selling mortgage rights to Goldman affiliate (Reuters via Yahoo! Singapore News) NEW YORK, May 8 - Fremont General Corp , which quit subprime mortgage lending last year, on Thursday said it agreed to sell its remaining mortgage servicing rights to Litton
Next: Misguided decoration Misdirected decorating Coloring the kitchen wall with markers? Grinding talcum-powder patterns into the Oriental rug? Kids ages 2 to 4 get a thrill out of using art supplies, but they
Recession Unlikely in 2007 Alan Greenspan and the Wall Street nosedive aside, economists think the probability of a U.S. recession this year is fairly low and the likelihood of one in China is even