Exotic Mortgage Payment Shock
Last week we mentioned the fact that investment banks are in the practice of insuring the profits when they sell securitized home loans, i.e. mortgage backed securities.
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H&R Block, Cerberus scuttle deal for Option One mortgage unit (Market Watch) BOSTON (MarketWatch) -- In another sign of the difficult conditions in the subprime-mortgage market, H&R Block Inc. said Tuesday it has agreed to terminate a previous agreement under which an
Bank of England Leaves Key Interest Rate at 4.5 Percent for a Fifth Month Jan. 12 -- The Bank of England left its benchmark lending rate unchanged for a fifth month as consumer spending showed signs of picking up while inflation slowed.read more...
Annual Historic Home And Garden Tour Showcases Lake Morton read more...
Confused by all the Mortgage Options? Here's Help (Evening Times) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Virtual Power Brokers (Reg Req'd) Robert Kiblinger's online shop does brisk business in items fantastic. For $179.88, there's the Blade of the Righteous, a sword forged specifically to slay demons.via
J.D. Power and Associates Reports: SunTrust Ranks Highest in Satisfying Customers with Home Mortgage Servicing (Business Wire via Yahoo! Finance) SunTrust Mortgage ranks highest in customer satisfaction among home mortgage servicing companies, according to the J.D. Power and Associates 2005 Primary Mortgage Servicer Study released today.read more...