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 a home from the Georgetown Housing Authority.
Comment
read more…
Mortgage reform needed, banking groups say (The News Journal) Banking industry trade groups Monday endorsed mortgage reform principles as the distressed market for high-risk home loans worsens and Congress ponders whether to intervene.read more...
It's Time to Drop the Home Mortgage Deduction: John M. Berry (Bloomberg.com) May 19 (Bloomberg) -- With the federal government strapped for revenue, household saving from current income at a record low and too much money flowing into housing rather than productive
Which way are mortgage rates headed in 2006? (MSNBC) Which way are mortgage rates headed in 2006? MSNBC.com answers your questions on business, personal finance.read more...
Leader of mortgage fraud ring pleads guilty (Anchorage Daily News) Anchorage resident Kourosh Partow, the accused ringleader of a seven-member mortgage fraud ring that operated in Anchorage since 2002, pleaded guilty to wire fraud in federal District Court today.read more...
Banking on your home When Eva Polydoris looks back at the four decades before she retired, she recalls everything that stood in the way of amassing a comfortable level of retirement savings: At
Fed to hold meeting on home equity lending (Reg Req'd) Concerns about predatory loans will be addressed The Federal Reserve Board on Monday invited consumers, consumer advocacy organizations, lenders and others to participate in four public hearings on the home