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.
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Fewer Loans, But Still More Fraud You might assume that with home purchases and new mortgage volume off by 30 percent or more in many markets in the past year, loan fraud would be down as
Suit has popular mortgage Web site under scrutiny (The Arizona Republic) A lawsuit against one of the Web's premier sites to shop for a mortgage underlines the difficulty consumers can have in locating reliable financial information online.read more...
How Wizardry Amplified The Credit Crisis A collateralized debt obligation called Norma illustrates how investors and Wall Street, in their efforts to keep a lucrative market going, took a good idea too far. read
American Home Mortgage profit rises (Long Island Business News) MELVILLE ? Mortgage real estate investment trust American Home Mortgage Investment Corp. said Wednesday its second-quarter profit spiked 11 percent on solid growth in its loan portfolio.read more...
ROBERT BRUSS: Mortgage short sale subject to taxes (Detroit Free Press) Dear Bob: Because of my husband's job location change, we had to sell our house in Michigan. His employer offered no relocation benefits. After listing our home on the market
Confused by all the Mortgage Options? Here's Help (Derby Daily Reporter) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,