Illinois Tries New Tack Against Predatory Loans The state will require counseling for some people mulling mortgages with nontraditional terms. The state's experience shows how difficult it is to create even modest safeguards in the home-buying process.
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Southwest Daily News) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Texas broker found guilty in real estate loan fraud (Reg Req'd) Faces 30 years in $15 million scam A A federal jury in Austin on Friday found a real estate broker guilty of fraud related to a real estate flip-for-profit scheme
Bond Sales May Promote Long-Term Mortgages NEW YORK - The Treasury Department's resumption of 30-year bond sales could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even
Put a Lid on Rising Mortgage Payments (Carmi Times) (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...
Surviving a Financial Crisis J ay and Mary had been married five years. When they had their first child, Mary quit her job to be a stay-at-home mom.read more...
With top Wall Street banks losing billions of dollars in investments tied to home loans, executives losing their jobs and concerns about wider economic fallout mounting, the Bush administration is pressuring the mortgage industry to offer a sweeping approach to fix, or at least mitigate, the problem.
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