Interest only loans grow in popularity
The signs are posted in yards all over town, and if you’re in the market for a new home, you won’t have trouble finding one.
via
Fitch Rates SAMI II $312.3 MM Luminent Mortgage Trust 2006-3 Subgroup II (Business Wire via Yahoo! Finance) NEW YORK----May 1, 2006--Luminent Mortgage pass-through certificates, Series 2006-3 Subgroup II are rated by Fitch as follows: $290,466,050 classes II-1A-1 through II-1A-2, II-2A-1 through II-2A-2, II-3A-1 through II-3A-2, II-1X-1,
'Rescuers' often steal houses (Reg Req'd) Consumer advocates are lobbying for laws to protect homeowners from a particular species of real-estate vulture, one that offers to help struggling homeowners avoid foreclosure only to steal their houses
Some lenders cut riskier mortgages due to Wall Street pressure NEW YORK - Some mortgage lenders are feeling the heat from Wall Street to tighten their lending standards and cut their exposure to riskier loans.read more...
Top 5 strategies for a lifetime of savings If you want to be serious about building up your savings you should start with a solid foundation.read more...
Rent vs buy calculations There's an interesting debate going on in the comments section of yesterday's housing post about the relative costs of buying and renting a house.Commentread more...
CRA Plan Uncertain Because of Funding LAKE ALFRED | While a Community Redevelopment Agency would do wonders for the dilapidated downtown district, because of the uncertainty of property tax revenues City Manager Jan Shockley doesn't see