American Home Mortgage Files Chapter 11 (ABC News)
The company is the latest causality of the nation’s mortgage woes.
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Panel advances mortgage grace period measure (Asbury Park Press) A legislative committee Thursday advanced a measure that would open up a three-year window for homeowners facing punishing hikes in their mortgage payments, or foreclosure notices, to work out a
Mortgage lender plans to up ante (Stuff) PropertyFinance Group has unveiled plans to more than double its assets in the next two years as it expands its mortgage lending business.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Sleepy Eye Herald Dispatch) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Put a Lid on Rising Mortgage Payments (Derby Daily Reporter) (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...
Four people plead guilty in mortgage fraud conspiracy (Denver Post) Four people accused of participating in a mortgage fraud conspiracy that stole millions of dollars and left a gated community in Arapahoe County ravaged by foreclosures pleaded guilty in federal
Mortgage Lending: Reforms clear Md. Senate The Maryland Senate has unanimously approved mortgage lending bills aimed at addressing the state's rising foreclosure rate. via Daily Times read more...