Fed rate action will strongly impact home prices
An unusual refinancing boom is likely in 2007 as hundreds of thousands of borrowers bail out of their adjustable-rate mortgages while the getting is good.
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U.S., States Probe Loan Broker The FBI and regulators are probing a loan broker alleged to have caused borrowers to lose millions of dollars through an "advance fee scheme."read more...
In 'Paper Subdivision,' One Owner Finds an Oasis HOLOPAW, Fla. -- A subdivision that never came to be is the perfect place for Richard Lawrence to hunt and relax. read more...
Fitch Reaffirms Rating for Bank of Queensland Ratings agency Fitch Ratings has affirmed the long-term BBB rating for the Bank of Queensland Ltd , following a review of the bank.read more...
Australia Raises Benchmark Rate to 6.25 Percent, Highest in Almost 6 Years Australia's central bank raised its benchmark interest rate to the highest in almost six years to curb inflation, risking an economic slowdown as households grapple with record debt.Commentread more...
Beazer fires accounting exec amid mortgage probe (Atlanta Journal-Constitution) Atlanta-based Beazer Homes USA said it fired its chief accounting officer, Michael T. Rand, for attempting to destroy documents. The homebuilder, facing federal probes into its mortgage practices, disclosed the
Will it kill my credit rating if I miss making a mortgage payment? (The Indianapolis Star) It's unanimous. Our panel of experts from the Financial Planning Association of Greater Indiana says: Pay your mortgage. Pay your mortgage. Pay your mortgage! Do what it takes to stay