Feds cut down-payment assistance programs
Prospective homebuyers with marginal credit will have to act quickly if they want to buy houses without making down payments.
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Wells cuts 70 East Bay mortgage jobs (San Francisco Business Times) Wells Fargo & Co. is cutting 70 jobs in its Concord subprime mortgage office.read more...
Reverse mortgage scheme for senior citizens takes shape (Indian Express Finance via Yahoo! India News) Launching an exclusive product for the senior citizens, banks here are promoting the reverse mortgage loan scheme for their benefit. While the Punjab National Bank (PNB) introduced this scheme in
Higher mortgage payments can be best (The News & Observer) Q: I keep seeing this ad stating that paying off my mortgage is a mistake. I've always been told that if I pay extra principal I will save a lot
A Night in Moscow: It'll Cost You Construction of new hotels in Moscow has lagged behind the deconstruction of hulking Soviet-era hotels, creating a chronic shortage of rooms. Meanwhile, foreign businessmen continue to flock to the city
Haitian strongman convicted of mortgage fraud in U.S. (CNN.com) A man once convicted of heading up a ruthless Haitian death squad that is blamed for raping and killing political rivals has been convicted of carrying out a mortgage fraud
Proposals for property investment revealed following U-turn on Sipps homes PROPOSALS for Real Estate Investment Trusts have been unveiled by the government.read more...