Bankruptcy, investigations loom for mortgage lender New Century (USA Today) New Century Financial said Monday all of its lenders have cut funding or announced their intent to halt financing after the subprime mortgage lender failed to make payments, pushing the
Are You in the Right Mortgage? (Southwest Daily News) (ARA) - Most people who buy a home put their mortgage in a drawer -- they close on the loan and make their payments every month and don't think about
The Way to Cope With Cracks Is to Cut Them Out read more...
A Crusade For Competition The Department of Justice has two blunt warnings for the American home real estate establishment: via
Home-building slump cuts into sawmills' profits Dozens of sawmills around the country are laying off workers, shutting down temporarily or trimming hours, as a steep drop in home building hits demand and prices.Commentread more...
The beginnings of a meltdown: Traders saw a cash cow in mortgage derivates (Seattle Post-Intelligencer) This is the first in a five-part series about the subprime mortgage crisis.read more...
Federal law enforcement agents have charged Magile Cruz, who has numerous aliases, in a $24 million mortgage fraud scheme involving 79 properties in Miami-Dade and Broward counties.
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