Garages go from 'man cave' to family living space "When I walk into my garage it's more like walking into a workshop" A two-toned gray floor complete with border. Beige cabinets with yellow handles. via Daily Record read
U.S. cracking down on growing mortgage fraud (Milwaukee Journal Sentinel) Kansas City, Mo. - Mortgage fraud is being called the country's fastest-growing white-collar crime. It costs...read more...
Annaly Slashes Dividend Updated from 10:34 a.m. Mortgage REITs got hammered Friday as investors fled from a pair of big dividend cuts.read more...
House votes to expand mortgage coverage (CNN Money) Bill would allow the Housing Administration to back refinanced loans for borrowers whose mortgage rates have increased sharply from low 'teaser' rates.read more...
East Coast real estate sales not all gloomy (Reg Req'd) North Carolina defies regional trend Despite another month of double-digit drops in home sales across Florida and Massachusetts, the North Carolina market maintained growth, albeit at a slower pace, according
Severity of mortgage-foreclosure crisis depends on type of loan, where you live (Seattle Times) Just how bad is the foreclosure situation? If you caught summaries of the latest delinquency and foreclosure numbers released by the Mortgage...read more...
WASHINGTON Like a spreading infection, restrictions on credit are moving into new and more specialized niches of the mortgage market. The latest to feel the pinch: Cash-out refinancings. Loans with anything less than full documentation of borrower income, credit and assets. more»
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