Is Your Earnest Money Protected By The Finance Contingency? While the purpose of the Finance Contingency is to protect the buyer in the event they are not able to obtain a mortgage, more and more the buyer is not
ETrade and Wachovia may have write off half of their mortgage backed securities ? the mortgage meltdown continues (India Daily) The real estate market is dragging mortgage securities market to its knees. Wachovia and Etrade are clearly the most visible casualties after Merrill and Citibank.read more...
Mortgage mess puts more banks at risk (MSNBC) The mortgage mess that has upended millions of homeowners? finances is now taking a bigger bite out of the nation?s banking system.read more...
Risky ARM Mortgages Come Due Thousands of people used non-traditional mortgages in the last two years to purchase a home, and now are facing higher mortgage payments as these ARMs begin to have higher interest
What's behind new savings bond limit? Dr. Don Taylor thinks he knows why the U.S. Treasury has a new savings bond limit.read more...
BMW shifts to top gear for home-loan market While some of its models might cost as much as a small house, BMW has come up with a new scheme that should allow the typical BMW driver to have
Q: What makes mortgage interest rates go up and down? R.W., Norwich, Conn.
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