Banks respond to demand for CDs Bank failures have caused nervous customers to jump to certificates of deposit, and rates are up.read more...
Seller-funded down payments called risky Practice of giving down payment money to buyers increases the chance of default and foreclosure, GAO study says.read more...
Housing Defies the Skeptics, Again 's tally of existing-home sales, released on Monday, provided no clue of a slowdown in the housing market.read more...
Why Mortgage Life Insurance is Not a Good Idea (Hornell Evening Tribune) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Fed chairman vows to curb mortgage abuses (The Charlotte Observer) Federal Reserve Chairman Ben Bernanke offered lawmakers fresh assurances Thursday that regulators are taking steps to better protect would-be homeowners from abusive mortgage practices. Bernanke appeared before the Senate Banking
New housing starts are stalling The field of dreams for Hampton Roads home builders has been reversed - ' if they don't come, you won't build.Commentread more...
Several people who were indicted in a recent mortgage fraud investigation will get a chance to persuade a different grand jury today to not indict them.
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