Homeowner fraud exacerbates mortgage crisis (The Press-Enterprise)
Some homeowners tempted to buy a more affordable house in a declining market have committed fraud to ditch the supersized mortgage they no longer want.
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The Fool's Guide To Reclaiming Mortgage Fees (Fool.co.uk via Yahoo! UK & Ireland Finance) Your old lender may have unlawfully bumped up your exit charges when you last switched mortgage. In a series of articles we'll explain how to recover these fees plus early
Mortgage Application Volume Declines (AP via Yahoo! Finance) Mortgage application volume fell 4.3 percent during the week ending Nov. 23, according the trade group Mortgage Bankers Association's weekly application survey.read more...
McCanns admit using fund to pay mortgage (Pretoria News) London - The parents of missing British toddler Madeleine McCann used public money donated to a fund for finding their daughter to pay their mortgage, their spokesperson confirmed on Tuesday.read
Council helps troubled borrowers fix mortgage mess (Milwaukee Journal Sentinel) Each waking day for nearly a year, Dorothy Mayes didn't know whether she would have a roof over her head. While grieving over the death of her husband, Arthur, Mayes
How high will hybrid mortgage go? (San Francisco Chronicle) Q: I have a hybrid mortgage that is fixed for the first five years at 4.25 percent, and is tied to U.S. Treasury securities. The loan document notes that the
Existing Home Sales Dip, Mortgage Rates Up (AP via Yahoo! News) Sales of previously owned homes dropped 2.6 percent in July as mortgage rates crept up. But even with the decline, sales clocked in at the third-highest level on record.read