Woman's mortgage piles debt upon debt (Akron Beacon Journal) To understand what some homeowners in mortgage trouble face, talk to Barbara Fongheiser. She's 60 years old and works two jobs, earning about $30,000 a year.read more...
Can You Still Cash in on the Real Estate Gold Rush? REAL ESTATE FRENZY Riding the Boom They snap up real estate, flip it, then chase the next hot market.They're the new day traders,and they're dancing on the edge of a
Ga. Officials Meet, Discuss Mortgage Rescue Fraud (FOX 5 News Atlanta) ATLANTA (MyFOX Atlanta) -- Georgia law may be changed to address financial scams stemming from the country's mortgage crisis.read more...
Warning of rate rise 'disaster' for families "There are people who had cheap deals for fixed-rate mortgages two years ago. But when the fixed rate is finished, they will be looking at much higher costs." A
Rising bond yields can have adverse impact U.S. Treasury yields are creeping higher, threatening to undermine one of the key pillars of economic growth in recent years.read more...
Bernanke: Mortgage giants 'in no danger of failing' (Detroit Free Press) WASHINGTON ? Federal Reserve Chairman Ben Bernanke told Congress today that troubled mortgage giants Fannie Mae and Freddie Mac are in "no danger of failing."read more...
DUBAI ? Securitisation of mortgaged assets will add depth to the property market and mortgage business while bringing additional liquidity and the much needed spreading of risks, said Adel Al Shirawi, Chief Executive of Tamweel, a leading home finance company.
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