On the spot Robyn Michaels is in a tough spot. She's looking for work, spends more than she takes in and is coming up on retirement.read more...
the Housing Slump's Effect Once upon a time, buying a house was just that: You checked out a couple of open houses, filled out piles of paperwork, waited till escrow closed, then moved all
Program offers grants to those behind on mortgage payments (The Arizona Republic) A new program offers grants of up to $5,000 to help people bring their mortgage current.read more...
A Fixed-Rate Solution To Mortgage Uncertainty Andy Hallmark and his wife faced the same financial squeeze now bringing pain to thousands of homeowners around the country: The monthly payment on their floating-rate home equity credit
S&P Seeks Further Mortgage Details (AP via Yahoo! Finance) Credit rating agency Standard & Poor's said Tuesday it is requesting comments from mortgage and investment market participants on its proposal to have issuers provide more detailed information on
Scores of mortgage borrowers left in lurch (Boston Globe) Potentially hundreds of Massachusetts home buyers and other mortgage borrowers are being left in the lurch after Mortgage Lenders Network USA Inc. of Connecticut reneged on funding loans it promised
“But we also know that when people stop and look at this, people might say, ‘Could this house of cards be shaky, more than even we thought it was?’”
A jubilant Wall Street barreled higher Wednesday after the Federal Reserve cut its benchmark interest rate by a larger-than-expected half a percentage point. via Casper Star-Tribune
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