Types Of Bankruptcy

Save the park  City and school district officials have agreed that park space would be part of a proposed housing development on the former Lapham School property in the city's north end.Commentread more...


If county helps pay for home, don't flip it  The real estate boom certainly has a trickle-down effect. With housing prices skyrocketing, many homeowners have been trying to cash in.read more...


A&L says mortgage lending jumps (Reuters.co.uk)  LONDON (Reuters) - Alliance & Leicester AL.L said on Monday its net mortgage lending quadrupled in the first quarter from a year ago, but the bank sidestepped any


Capstead Mortgage Declares Dividend (AP via Yahoo! Finance)   Capstead Mortgage Corp., a real estate investment trust, on Friday said it will pay a quarterly dividend of 2 cents per share, payable on April 20 to shareholders of


Higher volume, more complaints threaten rash of lawsuits  With the residential home construction business booming the way it is these days, it also stands to reason that complaints about workmanship and materials would also go up.read more...


Reverse mortgage (Detroit News)  Appropriate for older borrowers who are "house rich" but cash poor, a reverse mortgage allows a homeowner to borrow against the equity in his home. The homeowner receives tax-free payments

December 12th, 2005

40-year home loan soaring in popularity

With little improvement expected next year in housing affordability, mortgage bankers are predicting a surge in 40-year mortgages, which are becoming increasingly popular because of their lower monthly …

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