Even Castles Made of Sand... Why build a home for your retirement when you could build a medieval castle? That was the Gunkels' attitude when they contracted with a construction company to build a 44-foot-high,
Fitch Affirms 10 & Upgrades 2 RMBS Classes from 2 GS Mortgage Securities Corp. Issues (Business Wire via Yahoo! Finance) NEW YORK----Sept. 19, 2006--Fitch Ratings has taken rating actions on various Goldman Sachs Mortgage Securities Corp issues listed below:read more...
Feds propose clearer mortgage info (The Cincinnati Enquirer) Prospective home buyers would get easier-to-understand information on mortgage terms and save an average of $700 in closing costs under a proposal unveiled Friday by President Bush.read more...
Borrowers Abandon Mortgages as Prices Drop Concerns are growing that homeowners who can afford to pay their mortgages may walk away from their residences amid falling housing prices.
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Freddie Mac reports jump in mortgage portfolio (bizjournals.com via Yahoo! Finance) Freddie Mac's mortgage portfolio jumped at an annualized growth rate of 16 percent in November, the home finance company announced Thursday.read more...
Katrina Caught On Tape We'd like you to consider making a monetary donation to the Red Cross to help victims of hurricane Katrina.read more...
WASHINGTON-One of the toughest questions facing Congress as it tries to address the meltdown in the subprime mortgage market, which caters to borrowers with poor credit, is deciding whether Wall Street is part of the problem or part of the solution.
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