Mortgage Bailouts: Who Should Be Helped, and How? A coming wave of foreclosures brings an urgency to figuring out which borrowers can and should be assisted, and what steps ought to be taken to help them. Plus share
KC area law firms find ways to weather the subprime mortgage storm (The Kansas City Star) The subprime mortgage debacle and resulting credit crunch have slammed the U.S. economy, and the legal world is gearing up to deal with the fallout.read more...
Bankrate: Mortgage Rates Rise for Third Straight Week (PR Newswire via Yahoo! Finance) Worries about inflation and interest rates pushed fixed mortgage rates higher for the third week in a row. The average 30-year fixed rate mortgage increased to 6.56 percent, according
Changed appraisal wipes out equity If your home has gained in value, the old appraisal won't matter, says Dr. Don.read more...
Crisis Center Offers Aid to Homeowners With a surge in the number of foreclosed properties in Maryland, particularly Prince George's County, the local government and a federally approved housing counseling agency have created a crisis
Economy boosted by government building projects The slump in home building is being offset by record spending on construction projects by federal, state and local governments.read more...
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