Senate Finally Acts to Help Borrowers
Reversing months of inaction in a single day, the Senate recently passed two major bills that could help thousands of homeowners struggling with unaffordable mortgages or heading for foreclosure.
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Carney warns about loosening mortgage standards (CTV.ca) Bank of Canada governor Mark Carney is concerned about the loosening standards in the Canadian mortgage system, particularly the growing popularity of mortgages amortized over a 40-year period.read more...
B.C. couple juggle daughter's future with their own In British Columbia, a couple we'll call Larry, who is a provincial employee, and Sue, who works for the federal government, want to know if they are making the right
BofA to close former MBNA mortgage centers (The Charlotte Observer) Bank of America Corp. told employees last week that it will close the mortgage centers of the former MBNA Corp., shifting their work to its own centers, a spokeswoman said
Black and white color combination timeless It's every color, and no color at all. It can be high-contrast and high style all by itself, or it can form a neutral backdrop.read more...
Key figures in mortgage fraud conspiracy plead guilty (Minneapolis-St. Paul Star Tribune) The principal players behind a giant mortgage fraud conspiracy that beset several southern Twin Cities suburbs and cast a pall over the area's housing market pleaded guilty to felony charges
Why we pay fees: a short history Remember when fees were only for big mistakes? My, how life has changed.read more...