Mortgage crisis may not subside for years (North County Journal)
It may take several years before the mortgage crisis eases in places like North County, which has been especially hard hit with foreclosures.
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Tax Relief, Sans Itemizing The giant federal housing and foreclosure relief legislation heading for enactment contains a little-noticed -- but potentially far-reaching -- change in real estate tax policy. read more...
Fifth Third Seeks Criminal Probe Over Alleged Mortgage Fraud Fifth Third Bancorp has asked for a criminal investigation after allegations of a conspiracy among some bank employees, appraisers, title companies and others.Commentread more...
Wary of risk, Wall Street bankers sold shaky mortgage debt (International Herald Tribune) At the same time they were selling risky mortgage-related securities to investors, many firms were protecting themselves from losses.read more...
Get scoop before going for reverse mortgage (Boston Herald) Want a reverse mortgage for extra cash? Beware that this is a high-cost loan with a balance that grows over time. You need no income to qualify, but you typically
Home show will get your fix-it-up mojo in gear Sure it's cold outside. Sure we had snow just two weeks ago. Sure you've got time before you start remodeling your house.Commentread more...
Understanding mortgage terms (The Meridian Star) The purchaser of a new home may encounter various terms used by the real estate agent and the lending institution. Some of the terms are unique to mortgage banking, while