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Mortgage company execs defend high salaries (The Buffalo News)  WASHINGTON ? Three corporate executives called in for a shaming by Democratic lawmakers Friday defended raking in hundreds of millions of dollars despite contributing to the subprime mortgage crisis that


Wary Buyers, Lending Standards Depress Housing Market  Pending-home sales -- transactions in which contracts have been signed but which haven't closed -- declined 3.5% in May. read more...


Confused by all the Mortgage Options? Here's Help (Derby Daily Reporter)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Curb Appeal Takes Starring Role in Competitive Market  "In today's competitive market, buyers want upgrades, like windows and doors, that create visual appeal" Curb appeal is taking on a bigger role in today's housing market. With the


Mortgage Defaults In California Hit 10-Year High   LOS ANGELES Mortgage defaults in California soared on an annual basis in the second quarter to the highest level in 10 years, the result of weak home sales and


Citigroup chief resigns amid subprime mortgage crisis - Summary (EARTHtimes.org)  New York - The chief executive of Citigroup, the largest US financial firm, resigned Sunday amid fallout from the subprime mortgage crisis. Prince is to be replaced by Sir Win

July 30th, 2007

Getting a mortgage still feasible

True, mortgage foreclosures are rising and many home buyers with subprime loans are in trouble. via Chicago Tribune



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