Types Of Bankruptcy

Mortgage interest rate up 0.02% in early November (Globes Online)  The average index-linked mortgage interest rate fell 0.04% in September-October.read more...


Mortgage approvals up by nearly a quarter (Reuters.co.uk)  Mortgage approvals -- the number of loans agreed but not yet made -- rose to 72,328 from 70,105 in September.read more...


Five indicted in alleged Calif. mortgage fraud (KTVN Reno)  SACRAMENTO (AP) - A federal grand jury has indicted five Sacramento-area residents on mortgage fraud allegations. The five are charged with defrauding lenders by submitting fake loan applications for dozens


Bill would register remodelers  Neither Ohio, Kentucky nor Indiana licenses all home remodeling contractors. Ohio and Kentucky regulate electrical, plumbing and HVAC contractors.via


Bankruptcy filings impact Wells Fargo's Q4 earnings  Wells Fargo Co. on Jan. 17 reported fourth-quarter net income of $1.93 billion, or $1.14 per share, compared to net income of $1.79 billion, or $1.04 per share,


Pursue options before defaulting on mortgage (Sun-Sentinel)  If you are falling behind in your mortgage payments, the first thing you should do is pick up the phone.read more...

May 18th, 2006

Fifty-Year Mortgage Offers Limited Advantages (NPR)

There’s a new kind of mortgage available. Statewide Bancorp is offering a 50-year mortgage. The advantage is that buyers will have lower monthly payments. The disadvantage is it takes decades before a buyer has any kind of equity in the home. Chris Arnold reports.

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