SBA Disaster Loans Are Not Just for Businesses Homeowners and renters who suffered damage from Hurricane Katrina are eligible for low-interest disaster loans from the U.S. Small Business Administration .read more...
Capital One to close mortgage unit (AP via Yahoo! News) Capital One Financial Corp. said Monday it will close its wholesale mortgage unit due to woes in the secondary mortgage markets, resulting in $860 million in charges in 2007.read
Pain of mortgage crisis expected to spread far (Atlanta Journal-Constitution) The foreclosure tallies keep reaching all-time highs in every corner of metro Atlanta ? mostly due to the failure of subprime mortgages. Georgians with subprime mortgages are more likely than
Fixed or flexible? Doing the mortgage math After 15 rate hikes by the Federal Reserve, many economists are predicting the Fed is nearing the end of its tightening cycle.read more...
Schooner Trust announces issuance of commercial mortgage pass-through certificates (CNW Group via Yahoo! Finance) Schooner Trust announced today the completion of an offering of $355,202,281 Approximate Initial Aggregate Class Principal Balance Commercial Mortgage Pass-Through Certificates, Series 2006-6, $24,102,281 of which were offered on
Surviving the Subprime Mortgage Market Meltdown (KIFI) Here are some strategies you can use if you are among the many Americans who purchased a home with a sub-prime mortgage and now face a payment crisis as variable
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