Scapegoating Stated-Income Loans A stated-income loan qualifies a borrower by using the income the borrower states, as opposed to the income the borrower can document. With a stated-income loan, the lender agrees
Chat Plus Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat. read more...
Split the mortgage, not the marriage (St. Petersburg Times) The question that arrived in my electronic mailbox was provocative: "My husband and I purchased a new home. How do we equally split our mortgage payment based on our yearly
Katrina Index measures rebuilding efforts in storm-hit region (Reg Req'd) Real estate prices, mortgage originations tracked by policy institute Monday, December 12, 2005 Inman News The Brookings Institute , a nonprofit public policy group, this month launched the " Katrina
Coastal Commission agenda for next Thursday At the next meeting of the California Coastal Commission, public hearings will be held on three local matters.via
J.P. Morgan cautions on proprietary-trading results J.P. Morgan President Jamie Dimon said Wednesday that the bank's trading profit for the second quarter would be its worst in recent memory, and his cautious tone sapped gains from
The squeeze in the mortgage market causes sales of new homes to fall by a fifth at housebuilder Persimmon.
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