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Subprime-lending index hit by latest mortgage-industry woes (Market Watch)  NEW YORK (MarketWatch) -- Corporate bonds of subprime-mortgage companies sold off sharply Monday, after besieged New Century Financial Corp. said that its lenders are cutting off its credit lines, while


Fannie CEO: Housing Trouble Until 2009    The chief executive of Fannie Mae told shareholders Friday that he does not expect a recovery for the ailing U.S. housing market until 2009, and that the mortgage-finance company


Ceiling's turn for special treatment  "We tear it into different random pieces, and it's applied like a wallpaper, and they overlap each other. The end result looks like a faux finish, but it's half the


Starting over financially (CNN Money)  I recently went through a divorce that ate up all of my 401(k) and left me in debt up to my eyeballs. I still own a home, although I have


Anworth Mortgage Asset Corporation Announces Dividend Tax Information For 2005 (PR Newswire via Yahoo! Finance)   Anworth Mortgage Asset Corporation , a real estate investment trust , announced today tax information regarding its dividend distributions for the year 2005.read more...


Court Affirms Tenants' Rights When Buildings Are Sold    Tenants' rights in the District take priority over other rights, including those of subsequent owners of buildings, according to a recent ruling by the D.C. Court of Appeals. read

July 27th, 2007

Home refinancing program created

“Homeownership is crucial to growing our economy throughout New York State”

A $100 million refinancing program has been created by the state and the mortgage industry for people on the verge of losing their homes because of risky, adjustable-rate mortgages. via Newsday.com



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