Philadelphia Works on Foreclosure Plan Mortgage companies and consumer advocates in Philadelphia opened talks intended to achieve an agreement to allow thousands of cash-strapped homeowners in the city to avoid foreclosure.read more...
Home-Price Appreciation Steady in 4Q The rate of increase in U.S. home prices remained steady in the fourth quarter of 2006, extending the slowing trend that began earlier in the year, federal regulators reported Thursday.Commentread
Confused by all the Mortgage Options? Here's Help (Wellsville Daily Reporter) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
New Stimulus Package Promises To Change Standards on Loans The economic plan fashioned by Congress and the Bush administration would provide guarantees to more -- and much larger -- mortgages. But it also includes some risk.
read
Investors struggle to assess value of mortgage-backed bonds (International Herald Tribune) Investors depend on guesswork by Wall Street traders for valuing their bonds because there is no centralized trading system or exchange for subprime mortgage securities.read more...
New Century Creditors Cut Funding New Century Financial Corp. said Monday all of its lenders have cut funding or announced their intent to halt financing after the subprime mortgage lender failed to make payments, pushing
(ARA) – Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.
read more…
This entry was posted
on Friday, January 5th, 2007 at 12:14 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply