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Mortgage limit raised to $417,000 (Reuters via Yahoo! News)   In a move that will make more expensive homes more affordable for buyers, U.S. mortgage finance regulators on Tuesday raised the limit for loans that can be bought by


Unpaid Credit Cards Bedevil Americans   "The desires of consumers to want, want, want, spend, spend, spend _ it's the fabric of our nation" Americans are falling behind on their credit card payments at an


Mortgage of the Week (Mortgage Introducer)  The Bank of Scotland is offering a fixed rate deal until 28 February 2009, at a rate of 5.19%, reverting to the standard variable rate for the remaining term of


Moving Out Moving Out  A new study concludes the cheaper cost of housing in the outer suburbs is offset by the higher cost of commuting.Commentread more...


Study shows bias in subprime mortgages  Minorities get more high-interest loans even when credit scores are similar.read more...


Cuomo Widens Mortgage Probe, Taps Fannie, Freddie (Update1) (Bloomberg.com)  Nov. 7 (Bloomberg) -- New York Attorney General Andrew Cuomo broadened his nine-month investigation of the mortgage industry, issuing subpoenas to Fannie Mae and Freddie Mac seeking information on loans

June 12th, 2007

U.S. Mortgage Foreclosure Filings Rise 90% in May (Update4) (Bloomberg.com)

June 12 (Bloomberg)—U.S. foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, RealtyTrac Inc. said.

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