Types Of Bankruptcy

Fannie Mae, Freddie Mac eyed in NY mortgage probe (Reuters via Yahoo! News)   New York Attorney General Andrew Cuomo plans to announce a "significant new development" on Wednesday in his probe into the mortgage industry involving Fannie Mae and Freddie Mac ,


Santorum defends use of exclusive mortgage lender, donor (phillyburbs.com)  LEESBURG, Va. - When Sen. Rick Santorum refinanced the loan on his 5,722-square-foot home in this distant Washington suburb, the mortgage came from a private bank that caters to wealthy


Borrowers Abandon Mortgages as Prices Drop  Concerns are growing that homeowners who can afford to pay their mortgages may walk away from their residences amid falling housing prices. read more...


Newsweek: Should mortgage counseling be required? (MSNBC)  Mortgage loan counseling can be helpful. Should it be mandatory?read more...


Ahead of the Bell:Mortgage Applications (AP via Yahoo! Finance)   Investors trying to gauge the impact of the housing market's slump on mortgage applications will watch Wednesday for industry data on loan volumes.read more...


Sen. Schumer urges Big 4 on mortgage accounting (Reuters via Yahoo! News)   U.S. Senator Charles Schumer has asked the big accounting firms what steps they are taking to inform investors holding securitized mortgage assets that they can modify home loans and

April 26th, 2008

Plan to tell your home buyer what those utilities cost

“Our utility bills are basically the second biggest expense of owning a home. We have our mortgage, then after the mortgage, it’s our utility bills”

If you don’t already, start hanging onto those monthly utility bills. You may need them to sell your house. via WTOP



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