Types Of Bankruptcy

McCain: Limit federal role in mortgage crisis (Miami Herald)  Sen. John McCain, R-Ariz., on Tuesday called for mortgage lenders to help struggling homeowners stay in their homes, but said government's role should be temporary and limited.read more...


2 surrender in subprime mortgage collapse case (AP via Yahoo! News)   Federal authorities say two former Bear Stearns managers have surrendered in New York City to face criminal charges in the wake of the collapse of the subprime mortgage market.read


Fixed mortgage rates dip, but ARMs rise anew (Market Watch)  CHICAGO (MarketWatch) -- Benchmark 30-year mortgage rates fell for a fourth week in five but adjustable-rate mortgages were higher, Freddie Mac's latest survey showed.read more...


Surge in Home Prices Leaves Homeowners Underinsured  The boom in housing has left many policies short on the cost of rebuilding. Here are three key questions to ask before renewing your plan.read more...


Maybe Mobile Home Groups Should Blog  read more...


Mortgage Firm Owner Pleads Guilty (AP via Yahoo! Finance)   The owner of a shuttered mortgage business pleaded guilty Wednesday to a federal charge of mail fraud, two months after hundreds of his customers first realized they owed more

May 10th, 2005

Bubble or not, high home prices can hurt

Pamela Harness has never seen the market this hot. The Phoenix-area real estate agent’s clients include a couple who made a $150,000 profit by reselling a house they held for just six months, an investor who …

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