Prepay mortgage or invest? (Bankrate.com) I am purchasing a $230,000 home -- putting down $50,000 and borrowing the rest with a 30-year fixed-rate mortgage at 5.75 percent. I will have an additional $400 per month
17 penalized in 'mortgage flipping' (Chicago Tribune) Seventeen businesses and individuals will face disciplinary action for their involvement in a mortgage fraud ring that targeted five South Side properties and used one mortgage company, state officials announced
House Committee Approves New Regulator for Secondary Mortgage Markets The House Financial Services Committee this week strengthened the regulation of the nation's secondary mortgage markets, passing the Federal Housing Finance Reform Act of 2005 by a vote of 65-5.
Finding Bargains (and Headaches) at Foreclosure Sales IF rising interest rates cause more people to default on their adjustable-rate mortgages, investors could face a potential boon.read more...
Landlord to pay $1.5 million in mortgage fraud (WCAX 3) BUFFALO, N.Y. A landlord who defaulted on 104 mortgage loans for rental properties he owned, resulting in the eviction of dozens of families, pleaded guilty today to grand larceny and
Confused by all the Mortgage Options? Here's Help (Evening Times) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
The MasterCard people say they’ve discovered a massive security breach affecting 40 million holders of all types of credit cards.
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