More Budget Cuts: Va. governor won't say how much With a slow economy eating deeply into state tax collections, Gov. Timothy M. Kaine warned Monday of deep but still unspecified cuts to Virginia's budget just seven weeks after it
St. James Plantation Broker Recognized as 'Most Valuable Mortgage Officer of the Year' St. James, North Carolina + Dawn Boling, mortgage broker and closing coordinator for St.via
Stocks mostly up after existing-home sale report Stocks closed mostly higher Friday, sending the Dow Jones industrials to their best week in four years after a surprise jump in home sales eased concern that frailty in the
A Pox on Our Houses; Only Trouble Takes Up Residence in Vacant Buildings Experts on crime say a neighborhood that tolerates broken windows is inviting more serious transgressions.via
Adjustable Rate Loan Resets Are Skyrocketing Mortgage Payments for Luxury Home Owners (PR Web) Luxury homeowners with adjustable rate loan resets in 2007 are facing higher mortgage payments and finding themselves unable to make the mortgage payments. Default rates are rising as homeowners struggle
Fitch Rates $817.7MM Option One Mortgage Loan Trust 2007-FXD1 (Business Wire via Yahoo! Finance) NEW YORK----Fitch rates Option One Mortgage Loan Trust 2007-FXD1, which closed on January 30, 2007, as follows: $817,685,000 classes I-A-1, II-A-1 and III-A-1 to III-A-6 'AAA'.read more...
IndyMac has become the latest mortgage lender to announce what is by now a familiar routine to battered investors: Shuttered business lines, failed attempts at capital raising and massive layoffs. A look at how it got here shows the risks of dominating a lending niche it had long argued was minimally risky: low documentation loans to residential mortgage borrowers with middling (at best) credit …
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