Flooded homeowner blames error on federal maps A family devastated by the Mother's Day flood that inundated their home along the Mousam River says errors in federal maps prompted them to forgo the purchase of flood insurance,
Alt-A mortgage losses accelerate, threatening MBS, study says (Market Watch) SAN FRANCISCO (MarketWatch) - Losses on so-called Alt-A home loans are accelerating and could hit the value of lower-rated portions of some mortgage-backed securities, according to a study released on
Answering recent reader questions My mailbag is full of things "inquiring minds want to know." Here are a few recent cases where I think more minds could benefit from inquiring: I've checked my credit
Getting a Mortgage with Bad Credit (Wellsville Daily Reporter) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the
Mortgages: Mortgage rates leap in wake of bailout proposal (Market Watch) Mortgage rates changed course and rose this week after several consecutive weeks of decline, according to Freddie Mac?s weekly survey.
Gladiators Giving Away Free Rent or Mortgage Payment (OurSports Central) The Gwinnett Gladiators announced today that fans can still enter to win a chance to have their rent or mortgage paid for one month by Your Best Rate Financial during
Much of the fallout has been coming from the mess around sub-prime mortgages. For those of you who have been busy doing other things recently, this is the home mortgage that is given to the least-credit worthy individuals.
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