Types Of Bankruptcy

On Wall St., Mortgage-Finance Chiefs Take Apologetic Tone (Washington Post)  The chief executives for two of the nation's dominant mortgage-finance companies traveled to Wall Street yesterday and delivered competing words of regret for having to take painful steps to shore


Mortgage insurance premiums become deductible this year (The Advocate)  New legislation was passed last year that allowed taxpayers who itemize their deductions to deduct premiums paid for mortgage insurance. Before this, only the interest you were paying on your


Stocks falter on economic, oil price worries  U.S. stocks fell on Monday as higher oil prices and concerns about a slowing economy weighed on shares of large manufacturers and home builders, companies especially vulnerable to swings in


Home prices hold steady in county, for once  In a market that's been spiraling into the stratosphere, it may come as a shock that the Santa Cruz housing market failed to break records in April.via


Mortgage mess wipes out thousands of jobs (The Record)  CHARLOTTE, N.C. -- At the North Carolina offices of mortgage lender HomeBanc Corp., Archie Clark is the only employee left. But in a few days, he'll be gone, too.read more...


Employees start move to new Wells Fargo Mortgage campus (WHO-TV Des Moines)  WEST DES MOINES, Iowa It's moving time at Wells Fargo Mortgage's new 250 (m) million dollar campus in West Des Moines.read more...

May 19th, 2006

Web Credit Scores Don’t Equal FICO Accuracy

Is it a FICO score or a Fake-O? Mortgage brokers and lenders say it happens all the time: A mortgage applicant says, “Oh, I’ve already checked my credit score online.” Then the loan officer pulls the home buyer’s FICO score and finds that it’s 50 or 100 points lower than the generic credit score…

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