US sees big growth in high-risk home loans In an effort to keep up with soaring home costs, nearly one in 10 recent US homebuyers is resorting to a high-risk form of financing of the sort that was
Tools of the Trade: Crunching Numbers RISMEDIA, Jan. 9 - These days, buyers want to know as much as they can-as quickly as they can-about a product.read more...
Consumers Corner Focuses on Residential Home Building Know-how The latest edition of the Department of Labor & Economic Growth's cable show Consumer's Corner, hosted by Director Robert W. Swanson, addresses consumer information on residential home building.read more...
Sen. Schumer urges Big 4 on mortgage accounting (Reuters via Yahoo! News) U.S. Senator Charles Schumer has asked the big accounting firms what steps they are taking to inform investors holding securitized mortgage assets that they can modify home loans and
Murdock is ripe for affordable housing We all know the affordable housing problem. Prices of homes in Southwest Florida have outstripped wages.read more...
SierraOaks Mortgage Gets the Message: Launches ARMs Control Campaign (Business Wire via Yahoo! Finance) SACRAMENTO, Calif.----Sept. 19, 2006--SierraOaks Mortgage: Controversy Rages: Were Adjustable Rate Mortgage Loan Borrowers Asleep at the Switch or as Astute as Any Chief Financial Officer?read more...
Black and Hispanic homeowners were more likely to receive refinancing loans aimed at borrowers with low credit ratings than were whites, according to a nationwide study released Wednesday by the Consumer …
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