Mortgage bankers and brokers trade barbs (Sharewatch)
The head of the mortgage banking industry’s trade group claimed brokers profited from a home loan boom but didn’t do enough to examine whether borrowers could repay.
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Economic Stimulus Act Includes Business Incentives The Economic Stimulus Act of 2008 was passed by Congress on Feb. 8 and subsequently signed by President Bush. more» read more...
Plan to Displace 12 Families read more...
Home loan apps plummet 14% Bob's right on about the pros and cons of flipping houses. But he might want to include something about buying property with your IRA.Commentread more...
Wholesale Prices Up 1.3 Percent In February Inflation at the wholesale level surged in February, pushed higher by a big jump in energy prices and the largest increase in food costs in more than three years.Wholesale prices
Two residents accused of mortgage fraud (St. Charles Journal) Attorney General Jay Nixon has filed lawsuits against two St. Charles County residents in a statewide operation targeting alleged mortgage fraud.read more...
Second Mortgage ยท A mortgage with a lien position subordinate to the first mortgage. That means if the borrower defaults and the house is foreclosed upon, the second-lien holder will be paid