Types Of Bankruptcy

Building activity slips 0.2 pct. in Nov.  Construction activity showed further weakness as spending on homes dropped for a record eighth consecutive month.Commentread more...


Ultra-competitive home mortgage book reveals just about everything (South Coast Today)  "Tips and Traps When Mortgage Hunting, Third Edition," by Robert Irwin (McGraw-Hill, New York), 2005, 233 pages; $16.95; Available in stock or by special order at local bookstores, public libraries,


Fannie, Freddie Plan Is Under Siege  House Republicans tried to slow down a White House plan for Fannie and Freddie, as Democrats sought to combine it with another program. The CBO is expected to estimate the


US house sales jump as prices dip  A market slowdown has prompted some sellers to cut their prices US existing home sales rose at their fastest rate since March 2004 last month, despite fears of a slowdown


Will mortgage banks get too aggressive? (Northwest Indiana Times Business)  ORLANDO, Fla. | Low interest rates have ensured that mortgage bankers had to do relatively little to attract new business in recent years. But this likely will change as borrowing


Nationwide profits rise as lending jumps  "This is a transaction that's about commitment to mutuality. It's giving us greater scale and reach and more ability to compete with the banks" Nationwide , the country's largest

July 27th, 2007

Federal Regulators Issue New Mortgage Guidelines

WASHINGTON - It won’t mean the end to no-income verification or high-risk mortgages for subprime homebuyers, but new guidance from federal financial regulators will almost certainly cut their availability sharply.



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