Priced out of town Betty Deas, 45, would like to buy a home. But she can't afford it. For the past 11 years she and her family have been living in public housing, renting
Rush unruffled in face of new mortgage mess (Chicago Sun-Times) Last week, a bank filed a foreclosure lawsuit against Rep. Bobby Rush (D-Ill.), seeking to boot him and his wife out of their Chicago home for failing to pay their
Home decor help is one click away Do-it-yourself decorators were once models of stamina. They'd trek from store to store choosing paint, and sit for hours thumbing through thick binders of wallpaper and fabric.read more...
Bear Stearns Buys Subprime Mortgage Unit (AP via Yahoo! Finance) Investment brokerage Bear Stearns Cos. said Tuesday it plans to buy parts of ECC Capital's subprime wholesale mortgage banking division for $26 million in cash and assumption of some
The mortgage deals that make sense only for the lenders Just three little words but one big bill. The standard variable rate offered by mortgage lenders is the costliest home loan on the market and rarely gives any value to
Countrywide deal could give modest boost to mortgage industry (The Pantagraph) WASHINGTON, D.C. -- Bank of Americaâ?™s $4.1 billion rescue of Countrywide Financial could help stem economic turmoil by giving global investors more confidence in the battered U.S. mortgage industry.read more...
Nationwide Building was today axing one of its most competitively priced fixed rate mortgages. The mortgage product offered Nationwide customers a two year fixed rate of 4.47% – but this was being withdrawn at close of business today.
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