How to Protect Yourself If the Market Goes South
Follow these precautions to prepare for a possible housing downturn.
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U.S. will help storm victims pay mortgages The Federal Housing Administration is launching a program to pay the mortgages of up to 20,000 victims of hurricanes Katrina, Rita and Wilma for as long as a year.read more...
More Layoffs in Mortgage Industry (New York Times) Lehman Brothers Holdings and the National City Corporation said yesterday that they would lay off more than 2,000 workers as the banks scale back their struggling mortgage businesses.read more...
61 is too young for a reverse mortgage (Kane County Chronicle) DEAR BRUCE: I am 61, divorced and living in Sacramento. I bought my home a year ago and have a mortgage for $200,000 at an adjustable rate of 5.5 percent.
City to Re-Bid Old Electric Branch read more...
Move mortgage, switch supplier - and put pounds in your pocket (Scotsman) IN THE second part of our series on how to save thousands of pounds a year JENNIFER HILL details how to remortgage, and find good deals on phone, gas and
Liar loans may prolong mortgage crisis (Seattle Times) Losses on loans given to borrowers who lied about their income and assets could total $100 billion, threatening to add another two years to the nation's mortgage crisis.read more...