Mortgage defaults expected to rise after Katrina
NEW ORLEANS - Louisiana officials are braced for a wave of personal bankruptcies, creating a lasting financial hangover for the citizens of one of America’s poorest states.
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New tools help decipher mortgage confusion (The Charlotte Observer) A few entrepreneurs are developing new tools to help home buyers tackle one of the most confusing projects they face: figuring out whether a mortgage is a fair deal.read more...
Bank Fraud Indictments A man once described as the largest developer and home builder in the Kansas City metro area is charged with bank fraud totaling $25 million.read more...
Q&A : Is expensive D.C. home too great a risk for couple? Dear Dr. Don: My husband and I are planning to build a home to be completed in December 2005 or January 2006.via
State housing authority decreases first-time home buyer rates Mortgage rates have been lowered for first-time home buyers applying for a loan through the South Dakota Housing Development Authority.Commentread more...
Mortgage Lending At All-Time High (Sky News via Yahoo! UK & Ireland Finance) The housing market has been given a boost with lending figures hitting an all-time high. Mortgage approvals totalled more than ?4.5bn last month, said the Building Societies Association.read more...
'Not Quite Dupont' to Some; an Inspiration to Many Matthew Nguyen, 34, and Sergio Quintana, 32, had been house-hunting in the District for more than a year before they learned the name of their new favorite neighborhood. read more...