Types Of Bankruptcy

Bank failure costs customer great rate  If your bank fails, you may lose a top savings rate. Still, you should be grateful, Dr. Don Taylor says.read more...


Milwaukee-based mortgage insurer MGIC sets higher bar for customers (Wisconsin State Journal)  The nation's leading mortgage insurer, MGIC Investment Corp., said it plans to limit its exposure in declining housing markets by requiring higher credit scores and larger down payments. Starting March


Habitat committees off to a good start  Spring City's Habitat for Humanity Committee kicked off last month, and Dayton's organizers got underway last week as both groups prepare to build one home in each community with the


Real Estate Search Engine Awarded U.S. Patent  A U.S. patent has been granted to NeighborhoodScout for a search engine that enables home buyers to input data, such as proximity to the nearest major city, to locate a


Chat Plus   Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat. read more...


Home Construction Fell 14% In December to Record Low  While builders have been scaling back for many months, some said the end of 2007 was the bleakest period yet in the slump, forcing them to make sharp cutbacks.

August 16th, 2007

Schumer wants to lift mortgage debt caps (Newsday)

Sen. Charles Schumer (D-N.Y.) said Thursday that he would introduce a bill to temporarily lift the investment limit on Fannie Mae’s and Freddie Mac’s mortgage debt portfolio to help inject more liquidity into the mortgage market.

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