Mortgage defaults expected to rise after Katrina NEW ORLEANS - Louisiana officials are braced for a wave of personal bankruptcies, creating a lasting financial hangover for the citizens of one of America's poorest states.read more...
American Home Mortgage lays off 7,000 (USA Today) American Home Mortgage Investment said Thursday it would fire nearly 7,000 employees, an exclamation mark to one of the biggest and fastest corporate collapses in the U.S. housing downturn.read more...
Time to pay off the mortgage? (Fort Wayne Journal Gazette) Time to pay off the mortgage? Q. Should I pay off my home mortgage early? I am single, just turning 40 and have two years left before the interest rate
Labour plans equity scheme for first-home buyers ss Labour would introduce an equity share scheme to help first home buyers if re-elected for a third term, Housing Minister Steve Maharey said today.read more...
Interest-only adjustable-rate home loans stir concerns Fannie Mae, the biggest buyer of U.S. mortgages, is concerned that a rise in the use of interest-only adjustable-rate home loans by "less sophisticated" borrowers may result in credit problems
Tenants caught between HUD, owner Six tenants - most of whom are elderly and disabled - are being evicted from their south Jackson apartment complex in a dispute between the U.S. Department of Housing and
Medical bills ruin credit ratings In a survey, 46 percent said they had medical debt; 27 percent said it affected their ability to buy a house.
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