40-year mortgage gaining traction (Arizona Daily Star) Wells Fargo Home Mortgage, hoping to draw in first-time home buyers, started offering 40-year, fixed-rate mortgages last week.read more...
Katrina mortgage moratoriums expire (Denver Post) Katrina victims Ed and Elsa Gaskell realized only last week that their last three months' worth of mortgage payments on their damaged New Orleans home were due this week. After
NAR Pending Home Sale Index Weakens, But Still Nearly At Record Levels Since we are in a changing market, it is also important to look at price indicators that are closer to the point where the "meeting of the minds" occurs between
New Century can sell mortgages, make payments U.S. Bankruptcy Judge Kevin Carey in Wilmington, Delaware, on Thursday authorized the sale of the mortgages to RBS' Greenwich Capital Financial Products Inc. via Earth Times read more...
Looking for a villain in the economic mess? Try financial illiteracy Like many other people, I'm feeling the ripple effects of this country's economic meltdown.read more...
Police failures highlighted as thugs target contractors ASSAULTS on workers at building sites targeted by thugs and vandals are becoming a serious problem for contractors supplying low-cost housing.via
March 27 (Bloomberg)—Xceed Mortgage Corp ., the Toronto- based mortgage lender that has lost 60 percent of its market value this year, said Chief Operating Officer Michael Jones and Chief Financial Officer John Ayanoglou resigned as it struggles to find funding.
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