Mortgage lenders ordered to pay $99 million in punitive damages (The Kansas City Star) A Jackson County jury Friday ordered three mortgage lenders to pay $99 million in punitive damages to Missouri residents who claimed they were charged illegal fees for second mortgages.read more...
Reverse Mortgage Market Currently at $4.3 Trillion, Less than 1% of Potential (Senior Journal) July 9, 2007 ? Americans age 62 or older hold an estimated $4.3 trillion of home equity according to the NRMLA/Hollister Reverse Mortgage Market Index (RMMI). Although the reverse mortgage
Stocks rally on strong economic data "The best news for the market is good news on the economy" Wall Street rallied Wednesday after new data showed the U.S. economy is in good shape and that
Freddie Mac offers temporary relief Freddie Mac grants temporary mortgage suspension - Sep. 9, 2005 Web CNN/Money Home News Markets Technology Commentary Personal Finance Autos Real Estate Real Estate Freddie Mac offers temporary relief Suspends
Judge orders 15-month sentence for former congressional candidate KANSAS CITY, Kan. - Former congressional candidate Adam Taff was sentenced Monday to 15 months in federal prison for using campaign funds to help get a loan for a $1.2
Fed endorses home mortgage protections (AP via Yahoo! News) The Federal Reserve moved Tuesday to protect home buyers from dubious lending practices, its most sweeping response to a mortgage meltdown that has forced record numbers of people from
WASHINGTON // Mortgage applications fell to the lowest level since April, reflecting fewer home purchases and less refinancing, a survey shows.
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