As IRS Income Verification Gets Tighter, Other Issues Emerge Starting Monday, it's going to get much riskier to fib about your income when you apply for a home mortgage. read more...
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Bankrate: Mortgage Rates Dawdle Despite Jobs Report (Builder Online) NEW YORK, Jan. 11 /PRNewswire-FirstCall/ -- Mortgage rates were flat this week even as concerns about inflation began to percolate.read more...
Obama, Durbin propose federal mortgage reforms (Chicago Tribune) Sen. Barack Obama (D-Ill.) proposed a sweeping set of federal reforms Tuesday to combat mortgage fraud, ratcheting up enforcement and creating a national database of brokers who have been disciplined.
Military-housing contractors find new uses for old materials Army Hawaii Family Housing has found an innovative and environmentally friendly way to deal with material shortages for its $2.3 billion in home construction on Oahu's military bases.read more...
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“The Federal Reserve’s latest actions appear to shift large risks to taxpayers, who may find themselves on the hook for billions in worthless securities.”
Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee about the latest measures to heal the U.S. economy, on Capitol Hill in Washington in this file photo from Wednesday, ... via The Florida Times-Union
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