How can home buyers prevent mortgage flipping? (Hattiesburg American) So-called mortgage flipping schemes would have little impact on the general public, said Lee Fedric, president of Community Bank. "If there's money lost and the government guaranteed the loans, ultimately
Commissioners may choose a new contractor SEGUIN , County commissioners will consider ending negotiations with the Koehler Company for the Pct.read more...
Ex-Giuliani aide Kerik indicted New York "Time and again Kerik was asked specific questions about his financial dealings, and time and again he lied" By Daniel TrottaNEW YORK (Reuters) - Former New York police commissioner
Mortgage equity withdrawal falls (BBC News) The amount of money people have borrowed against the value of their homes has fallen again.read more...
Veterans affairs: VA home loans a good deal, often easy to get (Reg Req'd) Aside from requiring a veteran's certificate of eligibility and a VA-assigned appraisal, the application process is not much different from any other type of mortgage loan.read more...
Wachovia swallows AmNet Mortgage for $83 million (San Diego Daily Transcript via Yahoo! News) Wachovia Corp. (NYSE: WB) announced Tuesday that it will acquire San Diego-based AmNet Mortgage Inc. (Nasdaq: AMNT, News), the parent company of American Mortgage Network (AmNet), a nationwide residential
Finance company GMAC LLC, which is partly owned by General Motors Corp., is negotiating terms of a a $3.5 billion loan for its struggling mortgage subsidiary Residential Capital LLC to keep it out of bankruptcy long enough to find a buyer or break it up, Bloomberg reported today.
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