Liar, Liar
By: Jason Miller* If George Bush had encountered the same fate as Jim Carrey’s character in the movie Liar Liar , and had been rendered incapable of lying, America would not have been subjected to thirty …
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Lenders cold to the idea of forgiving mortgage debt (Naples Daily News) A mortgage broker has an idea for reducing foreclosures: Encourage lenders to forgive debt. So far, the notion hasn?t gained traction. Jeff Lazerson, founder and president of the online brokerage
Mortgage insurers reporting big losses (The News Journal) WASHINGTON -- Large mortgage insurers have reported $2.6 billion in losses so far this year, sparking fears that rising foreclosure rates could force the industry into a money crunch and
Trooper sentenced in mortgage scheme (Pittsburgh Post-Gazette) A state police trooper was sentenced to three years' probation Wednesday for his role in a $1.6 million mortgage-flipping scheme. As part of his sentence, Thomas Henry, 38, of Penn
The ugly side of home remodels Real-estate agent Nancy Raddohl has seen the ugly side of home improvements done wrong.Commentread more...
Agency Mortgage Bonds Suffering (AP via Yahoo! Finance) Agency mortgage bonds are poised for their worst year in more than a decade, with supply up sharply and investors flocking to the safety of Treasurys.read more...
Wells Fargo CEO sees lower mortgage demand offset by servicing Wells Fargo Chief Executive Richard Kovacevich said Monday that he expects the bank to weather the downturn in the housing market by leveraging other parts of its businesses, including boosting