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Judge Authorizes Probe Of Countrywide's Practices  Bankruptcy investigators will look for evidence that the big mortgage lender has systematically abused borrowers. read more...


Great Wolf secures $97M mortgage on resort property (bizjournals.com via Yahoo! Finance)   Great Wolf Resorts Inc. has closed on a $97 million mortgage loan secured by the company's Great Wolf Lodge resort in the Pocono Mountains, Pa.read more...


Homes on multi-family lots debated  By LEROY STANDISH Staff Writer APPLE VALLEY Single-family homes should not be built on multi-family zoned land, or should they? When the Town Planning Commission was asked that question Wednesday


Real Estate People  read more...


30-year mortgage rates are unchanged (Detroit Free Press)  WASHINGTON -- Rates on 30-year mortgages were unchanged in the first week of the new year after posting three consecutive increases to close out 2006. Mortgage giant Freddie Mac reported


New interest-only mortgage loans can be quite risky (5/14/2005) (Seattle Post-Intelligencer)  When my mailbox first started to fill with questions about interest-only mortgages a few years ago, I smiled; I knew a flash in the pan when I saw one. Interest-only

August 12th, 2007

Mortgage reset (Bankrate.com)

If your mortgage resets, you can refinance or sell. Even people who can’t afford the new payment have options. Can’t afford reset payment? Options exist

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