Types Of Bankruptcy

Borrower wants out of piggyback loan  You might want to switch from HELOC to home equity loan, says Dr. Don.read more...


Twin Cities housing sales down in August  "Every industry has to pause for like a moment, take a deep breath, then start moving forward again." After small gains during late spring and early summer, Bloomington-Normal home


President promotes tax rebates, mortgage action (USA Today)  President Bush used his last State of the Union address Monday to promote tax cuts, mortgage help and spending limits as the struggling economy takes center stage in the campaign


State takes first step in settling vets' home lawsuits  The Public Works Board voted Tuesday to approve a settlement with the architect who designed the Southern Nevada Veterans Home.read more...


Colton rejects park bids  COLTON - Contractors have struck out yet again with plans to build the Big League Dreams sports park.via


Lost Property  TWO big threats to house prices emerged yesterday sending shockwaves through out the property market.via

April 11th, 2008

Walking Out of a Mortgage And Into Years of Hurt (Washington Post)

The country’s two largest sources of mortgage money have a blunt warning for anyone thinking about joining the growing “walkaway” trend, in which homeowners stop making payments and months later send the house keys back to their lender: You will feel the pain.

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