FHA chief warns of intervention A Bush administration official on Monday warned against overly broad government intervention to stem the housing crisis, arguing that lawmakers' foreclosure prevention program would saddle taxpayers with too ...read more...
One million could see their mortgage bill soar by up to a third (Evening Standard) Up to a million homeowners are facing a mortgage timebomb as the end of cut price deals sends repayments soaring by up to a third.read more...
Dad finds out pitfalls of co-signing mortgage (Akron Beacon Journal) Q: About two years ago, I helped my daughter (then age 23) buy a one-bedroom condo by co-signing with her on her mortgage. She was fresh out of college with
Deadlock ended by introduction of new budget The Township Council ended its long deadlock last night by introducing a municipal budget that does not, as some feared, eliminate the Recreation Department.via
Mortgage Defaults In California Hit 10-Year High LOS ANGELES Mortgage defaults in California soared on an annual basis in the second quarter to the highest level in 10 years, the result of weak home sales and
Big Easy's rebuilding to change city's look Because insurance won't pay for many homes, many folks won't return. Diane Wedner and Gayle Pollard-Terry | Los Angeles Times Posted September 18, 2005 Paupers don't own homes next to
With the daily bad news about the state of the housing market, it’s easy to lose sight of some larger economic realities: Despite declining prices in many markets, homeowners still control near-record equity holdings, just under $11 trillion.
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