Countrywide, WaMu fall on heightened mortgage worry (Reuters via Yahoo! News) Countrywide Financial Corp led shares of U.S. mortgage companies lower on Friday as investors received fresh reminders that a shortage of liquidity might crimp profits.read more...
Precision honored for White Oak home HIGHLAND . Despite the two awards his company recently received, Dave Van Dyke, owner of Precision Construction in Highland, said the rewards that matter most are from satisfied customers.via
Toll Brothers posts loss as housing market worsens "By many measures, fiscal 2007 was the most challenging of the forty years that Toll Brothers has been in business" Toll Brothers Inc , the largest U.S. luxury home
Answering recent reader questions Build a Stronger Portfolio Top performing portfolios through innovative investment technology.read more...
Patching up foreclosure cracks New moves by finance giant Freddie Mac and a major lending institution involving billions in high-priced mortgages may mean that the urgings of regulators and lawmakers for help to
MORTGAGE TERMS YOU SHOULD KNOW (Akron Beacon Journal) MORTGAGE TERMS YOU SHOULD KNOW Mortgagor: The borrower. Mortgagee: The lender. ARM (Adjustable rate mortgage): A loan in which the interest rate may fluctuate, increasing or decreasing, during the course
Nontraditional mortgage products, such as interest only and payment option adjustable-rate mortgages, are a driving force for homeownership in San Diego County and elsewhere statewide. However, choosing such products equates to increased financial risk, consumer responsibility and more opportunities for abusive lending practices.
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