Investor faces jail over housing scandal (Reg Req'd) For most NJ Affordable Homes investors, the realization they likely will recover only a small percentage of their money is punishment enough.read more...
Lawsuit Takes Aim At 'Junk' Fees Just about anybody who has bought a home or taken out a mortgage in the past five years has run into them in some form: mysterious fees charged by real
Deciding Which Comes First: Buying or Selling Buy first or sell first? For homeowners contemplating a move, it's one of the most vexing questions. read more...
Mortgage Rates Hit Highest Level In Nearly 4 Years (The Denver Channel) Long-term mortgage interest rates are up for a fifth straight week.read more...
Marginal rise in mortgage approvals in April (EARTHtimes.org) The number of UK mortgage approvals in April rose marginally after four months of annual declines but economists ruled out any room for optimism saying the housing market is poised
Mortgage applications hit 2008 low (CNN Money) The number of new mortgages applied for fell 14.1%, according to a weekly survey from the Mortgage Bankers Association.read more...
WASHINGTON —Fannie Mae erased $6.3 billion in profit in a long-awaited restatement Wednesday capping the accounting scandal that stunned financial markets and brought the ouster of top executives and a record fine against the government-sponsored mortgage leader.
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