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Your Money Matters: Dealing with Rising Mortgage Interest Rates (Bastrop Daily Enterprise)  (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans


BofA to close former MBNA mortgage centers (The Charlotte Observer)  Bank of America Corp. told employees last week that it will close the mortgage centers of the former MBNA Corp., shifting their work to its own centers, a spokeswoman said


Mortgage industry focus of feds' probe (Seattle Times)  Federal agencies are intensifying a criminal investigation of the mortgage industry and focusing on whether some lenders turned a blind...read more...


Rethinking Signing Bonuses  Employers can minimize the downside of bonuses--such as job hopping and higher labor costs--by taking a broader approach to overall retention.read more...


Contractor complaints mounting in Punta Gorda (Reg Req'd)  Patience appeared to be in as short supply as roofing tiles in Punta Gorda Monday.via


How homeowners can escape a mortgage mess (The Christian Science Monitor)  What to do if payments on your adjustable-rate mortgage are about to go up.

March 13th, 2008

HUD unveils easier to understand mortgage disclosure form (Atlanta Journal-Constitution)

Prospective home buyers would get easier-to-understand information on mortgage terms and save an average $700 in closing costs under a proposal to be unveiled Friday by President Bush. The proposed overhaul to a 1974 law requiring lenders to give what’s called a “good faith estimate” is aimed at making it simpler for consumers to comparison shop when they buy a house or refinance a mortgage. ...

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