Regulators warn of alternative mortgages
Non-traditional mortgages offering lower initial payments, which federal regulators say are leaving homeowners in bigger debt, soon may be harder to get.
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Fannie Mae replaces audit panel head Report on company due tomorrow Fannie Mae has replaced the chairman of its board's audit committee, a central part of the mortgage giant's struggle to deal with the $11 billion
New round of mortgage defaults could cause economic meltdown (The Record) NEW YORK -- When Domenico Colombo saw that his monthly mortgage payment was about to balloon by 30 percent, he had a clear picture of how bad it could get.read
Mortgage giants may help borrowers (AP via Yahoo! News) The heads of Fannie Mae and Freddie Mac said Tuesday the mortgage finance giants are developing new types of loans to help distressed borrowers with high-risk mortgages keep their
Agency wants crackdown on mortgage fraud (The Myrtle Beach Sun News) The doors to mortgage fraud need to be shut in South Carolina, the state's consumer protection agency said Monday. The S.C. Department of Consumer Affairs called Monday for tighter regulations
Aggressive Mortgage Practices Are Tied to Late Loan Payments More new homeowners aren't repaying their bank on time. The rise in delinquency rates is likely due to soaring housing prices and aggressive lending last year, recent studies find.read more...
Market's madness gets dose of reality Jack Snyder | Sentinel Staff Writer Posted October 20, 2005 POLL The median Central Florida home price dipped for the first time in a year, indicating the buy-at-any-cost market may