Fed 'Bears' mortgage burden (CNN Money) Mortgage securities assumed by Fed as part of Bear Stearns-JPMorgan deal, Treasury letter confirms.read more...
Realtors Uneasy About Provision in Tax Reform Plan A proposed change in federal tax law would cut deeply into one of the most cherished deductions of American taxpayers.read more...
Painful ARM Twisting: Resets of adjustable mortgages will leave costly stretch marks It is becoming increasingly obvious that financial advisers, real estate experts and parents will someday point to what is happening in the mortgage market today and use it as a
Dow, Nasdaq head toward higher opening U.S. stocks headed toward a moderately higher opening Monday as investors awaited data that could help indicate whether a downturn in the housing market will undermine overall economic growth.Commentread more...
Seismic experience needed for local acute-care hospitals NORTH BAY + As a statewide deadline to earthquake-proof California hospitals fast approaches, hospitals in the North Bay are scrambling to find and schedule experienced contractors who know how to
ASK YOUR BANKER FOR A MORTGAGE ADJUSTMENT (New York Post) Dear John: Is this a good time to ask my credit union for a rate modification on my adjustable rate mortgage? For five years now my rate has been as
Facing the shutdown of its loan servicing operations at the end of the month, subprime lender Mortgage Lenders Network USA Inc. is searching for a buyer for a “turn-key” loan servicing platform that can service 187,500 mortgages.
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