For Sale By Owner Realtors will argue that only a professional can get you a good price and guide you through the intricacies of closing.read more...
Ballooning payments mean dangers lurk for interest-only loans OAKLAND, Calif. - Rachael Herron's new condo will assure her financial salvation, unless it provokes her ruin.via
HUD opens new dialogue on mortgage reform The U.S. Housing and Urban Development Department is relaunching its effort to reform outdated rules under which mortgages are issued and home transactions are closed.via
Mortgage Applications Rise for First Time in 3 Weeks (Fox News) Mortgage applications rose last week for the first time in three weeks.read more...
Alt-A mortgage lenders feeling market's pinch (The News Journal) NEW YORK -- Turmoil in the mortgage market is ensnaring more companies who lend to people with decent credit.read more...
Mortgage Bankers Form Industry Think Tank to Plan for Future The Mortgage Bankers Association , a Washington D.C.-based industry trade group, said Monday it will form a think tank of industry professionals to study the future of the mortgage lending
“Conditions will be very difficult for banks in 2008”
Sovereign Bancorp Inc. said Monday that it expects to take $1.6 billion in charges for the fourth quarter, as customers defaulted on loans and its investment in a New York thrift yielded lower-than-expected … via Times Leader
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