Calif. men charged in mortgage 'elimination' scam (RedNova) SAN FRANCISCO (Reuters) - Two California men have been charged with fraud and conspiracy for running a nationwide scam in which they took fees for false promises to eliminate homeowners'
Out from under the cloud of foreclosure The former Pillowtex worker had what consumer advocates call a "predatory loan." The mortgage on his home included such onerous terms as a 13.36 percent interest rate and a balloon
The United States Of Subprime Loans Risky mortgages were made in nearly every part of the U.S in the past decade, a Wall Street Journal analysis of loan data shows.
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Housing Threatened by Defaults in Sub-Prime Mortgage Market (Bloomberg.com) Feb. 1 (Bloomberg) -- Prince Jones Jr. paid $170,000 a year ago for a six-room Cape-style home in St. Paul, Minnesota, financing it with an adjustable 30-year mortgage.read more...
Confused by all the Mortgage Options? Here's Help (Evening Times) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Benton Evening News) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
DAILY WORLD / KEVIN HONG Steve and Patty Tarbuck stand in front of their unfinished Ocean Shores home.
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