Mortgage default notices are rising (The Sacramento Bee) More people across the state and capital region are on a track to lose their homes after missing at least two consecutive mortgage payments during April, May and June than
Fees Paid Late Result In Penalty Payment read more...
Developers Plead Guilty In MN Mortgage Fraud Case (WCCO Minneapolis/St. Paul) A longtime home builder, his wife and son-in-law have pleaded guilty for their roles in a mortgage fraud scheme that bilked lenders and others out of an estimated $50 million
Rise in Renters Erasing Gains for Ownership Driven largely by the surge in foreclosures and an unsettled housing market, Americans are renting apartments and houses at the highest level since President Bush started a campaign to expand
Q: I don't see how I can keep up with my mortgage payments. What should I do? (Louisville Courier-Journal) A: The Mortgage Bankers Association says lenders don't come out ahead on foreclosures.read more...
GMAC spent $410,000 lobbying on mortgage rules (AP via Yahoo! Finance) Automotive and mortgage lender GMAC LLC spent $410,000 in the first quarter lobbying on several bills related to mortgage lending and other issues, according to a disclosure report.read more...
TOKYO : Japan’s central bank left its benchmark interest rate unchanged at 0.5 percent Thursday after a two-day policy meeting held amid persistent concerns that a U.S. economic slowdown could hinder Japan’s … via International Herald Tribune
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