Types Of Bankruptcy

30-year mortgage rates continue to fall  WASHINGTON - Rates on 30-year mortgages fell for a sixth straight week, dropping to the lowest level in three months, according to a weekly survey released Thursday.read more...


Mortgage Rates Retreat as Housing Market Slows (NPR)  Mortgage rates are on their way back down again, just as the housing market seems to be cooling in many markets around the country. Figures out this week from Freddie


Thornburg Mortgage unit defaults on notes payment (AP via Yahoo! Finance)   Mortgage lender and real estate investment trust Thornburg Mortgage Inc. said Friday that a unit has defaulted on $300 million of short-term notes due under a commercial paper program.read


Foreclosures, Late Payments Set Record In 1Q  Home foreclosures and late payments set records over the first three months of the year and are expected to keep rising, stark signs of the housing crisis' mounting damage to


PHH Mortgage expands borrowing capacity (Philly.com)  PHH Mortgage Corp., a subsidiary of PHH Corp. in Mount Laurel, expanded a borrowing facility with Greenwich Capital Financial Products Inc. to $1.5 billion from $1 billion and extended the


Foreclosure Rates Keep Skyrocketing  LOS ANGELES | Nearly 60 percent more U.S. homes faced foreclosure in February than in the same month last year, with Nevada, California and Florida showing the highest foreclosure rates,

March 28th, 2008

Fairfax County

Looked at in the past as an economic fortress, Fairfax County’s housing market continued to erode in 2007.



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