Don?t blame fair-lending law for mortgage mess (The Sharon Herald) Some people blame a fair-lending law for the mortgage meltdown and the resulting global financial crisis. Evidence shows otherwise. The Community Reinvestment Act, passed in 1977, requires banks to extend
Fitch Upgrades 3 & Affirms 52 Classes from 7 Cendant Mortgage RMBS Issues (Business Wire via Yahoo! Finance) NEW YORK----Dec. 6, 2005--Fitch Ratings has taken rating actions on the following Cendant Mortgage Corporation mortgage pass-through certificates:read more...
Home improvement: Do it yourself with secured loans Secured loans can help you make home improvements the way you want to. You can add all the modern facilities in your home that are high on your priority
Predatory lending case not allowed in N.C. courts The state Supreme Court on Wednesday ruled that a lawsuit filed by a Durham County couple against an out-of-state lender cannot be heard in North Carolina courts.Commentread more...
On the Issues A SHABBY 'NEW' HOUSE FOR A HALF-MILLION DOLLARS ! My wife and I bought a new house for $500,000 in Monmouth County, New Jersey, this past December.read more...
U.S. Files Charges in Fannie Mae Accounting Case Federal authorities filed civil charges today against three former top executives of Fannie Mae , the giant government-sponsored company that underwrites home mortgages, including the former chief executive, ...Commentread more...
It’s the age-old dilemma for young families, those just starting out and even empty nesters: buy a home or rent? Thanks to declining interest rates and a hot housing market, even die-hard renters have been …
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