Types Of Bankruptcy

Q: What are the parts of a mortgage payment? (Louisville Courier-Journal)  A: The monthly payment includes at least the interest and principal. The payment will also likely include payments to an escrow account that the lender maintains for property taxes, homeowners


Regulators take over troubled U.S. mortgage lender (CBC)  Bank regulators seized California-based mortgage lender IndyMac Bancorp Inc. on Friday afternoon after panicky depositors began withdrawing their money.read more...


Tax reform proposal eliminates deduction of property taxes and limits size of interest on mortgage deducted (Newsday.com)  WASHINGTON -- Owning a home would lose a lot of its tax advantages if a presidential tax reform panel proposal ever becomes law. Homeowners would no longer be allowed to


Mortgage rates rise and lenders get strict (Bankrate.com)  Every time you fill the gas tank, you get a lesson in why mortgage rates are rising. Mortgage rates went up this week because prices for fuel and food keep


Plano:The Wedding Architect  With the assistance of Frisco's Ricardo Tomas, couples planning to tie the knot can be certain that their wedding day will be everything they imagined.read more...


National mortgage company relocating to Boca Raton (Boca Raton News)  Boca Raton is getting a new mortgage banking company. And it?s cause for notice by the Palm Beach County Business Development Board. In fact, the BDB, at a meeting last

March 18th, 2008

Proposals on Servicers Are Only a First Step

In my last two articles, I examined the Federal Reserve Board’s proposals for tightening mortgage underwriting requirements and for limiting mortgage broker charges to borrowers. These are long-standing regulatory concerns.




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