Rising mortgage delinquencies could especially hurt low-income families (Boston Herald) WASHINGTON- Mortgage delinquency and foreclosure rates are on the rise, and the impact could be greatest on low-income families that took out higher-interest loans for risky borrowers, some experts said...read
Government Intensifies Mortgage Investigation (NYTimes.com via Yahoo! Finance) The F.B.I. and the I.R.S. are said to be investigating whether some mortgage lenders turned a blind eye when prospective borrowers used inflated income figures.read more...
Police report mortgage fraud 'epidemic' (UPI) Police in Florida say the state is experiencing an epidemic of mortgage fraud stemming from South Florida's real estate boom.read more...
Mortgage lending up again, but some hope for young buyers as home prices stand still (Evening Standard) Mortgage lending is on the increase once again says the Bank of England, while house prices almost stood still during July.read more...
Affording Gaithersburg Housing Washington Post Staff Writer Wednesday, October 25, 2006; Page B01 For Edgardo Garcia, an immigrant from El Salvador, an affordable housing proposal under consideration by Gaithersburg officials could give him
Adjustable-rate mortgage (ARM) indexes explained (Bankrate.com) Almost one-third of mortgage applicants nowadays are getting adjustable-rate mortgages, or ARMs. The hardest-to-understand element of an ARM is the index.read more...
The Average Price Of A New 4-Bedroom Home In The Lehigh Valley Is Now By Tom Coombe and Ron Devlin Of The Morning Call People buying new four-bedroom homes in the Lehigh Valley paid an average of $416,000 last …
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