New Mortgage + Remodeling = Bad Deal Sixty-seven-year-old Jennetta Edwards says a real estate broker led her down a path of empty promises.via
Small Banks Face a Looming Hit Regulators are increasingly worried about a lending practice that allows real-estate developers to delay paying construction-loan interest but can mask problems at the banks that made the loans.read more...
Housing's Dark Side: Mortgage Mayhem Up (News10 Sacramento) With home sales slowing down, mortgage defaults and foreclosures are hitting record highs -- and all indications are that the dark side of the housing boom could get worse.read more...
Absurd Mortgage Practices Lead To American Nightmare (PR Web) A wave of new mortgage products is flooding the market, many promising credit-challenged homebuyers the key to the American Dream. Christian Werner, CEO of New World Mortgage - www.mortgagemaps.com -
New Chief for Mortgage Finance Agency (New York Times) WASHINGTON, April 27 (Reuters) ? The White House said on Thursday that James B. Lockhart III, the deputy commissioner of the Social Security Administration, would be nominated to lead the
Dreams undone: Unfinished homes mark subdivisions after demise of custom builder "They were using the basement as their design center. It's full of stuff: signs all over the place. The yard's a mess." Via Thomson Dialog NewsEdge) Nov. 11--C.V. Perry
In the nearly four months since Treasury Secretary Henry Paulson challenged mortgage lenders to modify distressed home loans voluntarily to ease record numbers of foreclosures, it remains difficult to gauge the program?s success.
read more…
This entry was posted
on Saturday, March 29th, 2008 at 3:16 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply