Renting seen as cheaper option Homeowners are being tempted to cash in the windfall equity in their homes in favour of renting as mortgage payments and rents fall out of kilter.read more...
NATION'S HOUSING: How a reverse mortgage turned toxic for widow (The Charlotte Observer) If you want to understand just how toxic a home mortgage can get, consider this real-life, ongoing saga:read more...
HUD Issues Property Flipping Prohibition Amendment to 2003 Final... Click on the image to download the latest version of Abobe Acrobat. Click Here to view Click here to download Feedback on FHA's 2004 interim property flipping regulations prompted HUD
Deal for mortgage raises questions (The Fayetteville Observer) Herbert A. Freeman said when he bought his double-wide manufactured home in 2001, the seller asked a favor. For $5,000, the seller ? Dennis D. Williams ? wanted to use
National City Names COO of Mortgage Unit (AP via Yahoo! Finance) Financial holding company National City Corp. said Thursday that Joe Cartellone has replaced Rick Smalldon as president and chief operating officer of its subsidiary, National City Mortgage.read more...
Bank of America investment key deal for China Bank of America's decision to buy a major stake in China's largest mortgage lender, announced early yesterday, is a major shot in the arm for China's creaky and debt-laden financial
With interest rates still low and a lean inventory of homes available, it’s a good time to sell your home.
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