Home Affordability Hits Record Low in Bay Area The number of Bay Area residents that can qualify for a home loan has now dropped to 12 percent, the lowest in 16 years, according to a study by the
Trading blame for implosion in subprime mortgages "If enough independent companies set standards, that becomes the market" AGOURA HILLS, California: Visitors to the offices of Ownit Mortgage Solutions here are met by an unmanned reception desk
Selling a Home Via Auction Growing in Popularity If you are looking at selling your home quickly, a growing trend in the country is using the auction system.Commentread more...
U.S. rate for 30-year mortgage tops 6% (Baltimore Sun) Slow rise may cool demand for homes, growth in prices Mortgage rates rose this week above 6 percent for the first time in six months and will probably
Date Rape and Rape Of course, I saw plenty of rules broken , but there was supervision and much effort put into keeping residents safe.Commentread more...
Citi Names Executive to Repair Mortgage Problems (New York Times) Richard Stuckey, who helped dismantle Long-Term Capital Management in 1998, will head a group devoted to managing $43 billion of Citi?s ailing mortgage-backed securities.read more...
Columbia?s popular, low-cost mortgage program will lend about $60 million to city home buyers during the next five years. ?Income requirements: Qualifying depends on where you fall below or above the city?s median income.
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