Fannie, Freddie shun N.Y. subprime loans
Housing advocates say mortgage financers Fannie Mae and Freddie Mac are overreacting to a New York law the companies say creates new legal liabilities for investors who buy subprime loans.
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Government Web Sites, Home to Many Bargains Whether you're a first-time home buyer, an investor, vacation-property seeker, historic preservation buff -- or even looking for a boat to live on -- you are not shopping the
Foreign cash could provide much needed relief for US housing market thanks to weak dollar The weakening dollar has caused many problems for consumers, but it may also be providing the fuel for one unintended _ and very welcome _ benefit: a rally in
Deducting mortgage interest on an RV (Bankrate.com via Yahoo! Finance) Even moveable homes, like RVs and boats, can take the mortgage interest tax deduction if they qualify, says CPA George Saenz.read more...
Mortgage Lenders: Who's Most At Risk (BusinessWeek) As delinquency rates rise, red flags are flying over some aggressive finance outfits read more...
Fix for mortgage paperwork draws fire (The Charlotte Observer) A long effort to simplify the mortgage closing process drew criticism Tuesday from bankers, brokers and consumer advocates, amid claims that the overhaul might further confuse overwhelmed homebuyers. The hearing
Mortgage firm threatens area church with eviction (Williamsport Sun Gazette) Officials at a Montoursville church are fighting back against a mortgage company that seems determined to evict them from their building. Gary Smith, who owns Smith?s Jewelry and is pastor
August 26th, 2008
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