National Digest
Housing promised for Katrina evacuees WASHINGTON // FEMA settled a disagreement yesterday with one of the nation’s largest mortgage lenders to help 1,500 Hurricane Katrina families into rent-free houses for 18 …
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Kiwibank lending $500,000 with few questions asked Kiwibank is setting the pace among big banks by aggressively promoting its involvement in a fast-growing market which gives loans to borrowers who have little or no documentation of earnings.read
Warning on 'mortgage rescue' firms (The Observer) Homeowners struggling with spiralling mortgage costs have been warned to beware of companies which promise a quick way out of debt but could cost them their houses.read more...
Housing Boom Feeding Frenzy read more...
Paso Robles mortgage fund assets frozen (San Francisco Chronicle) Paso Robles-based Estate Financial Inc.'s $170 million mortgage fund has been frozen by a judge pending an independent audit. San Luis Obispo County Superior Court Judge Barry LaBarbera postponed a
It's Time to Take Another Look at FHA Loans With the subprime mortgage industry in virtual free fall where do home buyers with less than perfect credit turn for financing? read more...
I'll Buy Your House If You Buy Mine "I think one guy came, and he'd been drinking." Eager to move closer to their grandchildren in Tennessee, retirees Allen and Wilma Sawtelle put their home in the Southwestern