Mortgage Crisis in CR
It’s a huge problem for many flood victims having to pay a mortgage on a house that’s been ruined.
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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...
AMT is the 'Darth Vader' of taxes Here's what politicians don't say when they boast about cutting income taxes: Every trim forces more Americans to pay the dreaded alternative minimum tax instead.read more...
Mortgage applications on the rise (Detroit News) U.S. mortgage applications rose last week, reflecting a jump in refinancing and more home purchases, a private report showed today.via
BofA loses mortgage servicing exec (The Charlotte Observer) A former top Bank of America Corp. mortgage executive has joined a Jacksonville, Fla.-based loan processing company. Bob Caruso, formerly the Charlotte bank's head of
Working with a 2/28 mortgage (Bankrate.com) Dear Dr. Don, I purchased a home a year ago. I did an 80/20 financing. The mortgage I chose was a 2/28 ARM. The housing market was doing quite well
Raising cash proffers a bad idea? Group says yes (Reg Req'd) False. Misleading. Exaggerated. Disingenuous. Chesterfield County Administrator Lane B. Ramsey used those words yesterday to describe an advertising campaign by the Home Building Association of Richmond.read more...
August 14th, 2008
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