The Real Estate Adviser: Home buyers: Don’t let your ‘FSBO’ fizzle
Potential buyers considering a home for-sale-by-owner should take several extra precautions while negotiating a deal.
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Inflation fears up with mortgage rates (Contra Costa Times) Rates on 30-year mortgages rose this week to the highest level in 21/2 years as financial markets began to worry more about inflation. Mortgage giant Freddie Mac reported Thursday that
New mortgage rules unveiled (Erie Times-News) Prospective home buyers would get a simpler way to understand often-confusing mortgage terms under new rules issued Wednesday by the federal government.read more...
Judge Reprimanded For Mixing Court, Private Business A judge who gave a teenager a lenient sentence in the violent death of a youth at a drinking party then a month later accepted private business from the defendant's
Cincinnati Group Sues Over Homes Frustrated with the impact of vacant homes on a Cincinnati neighborhood, a nonprofit group has sued a unit of Deutsche Bank AG and other financial institutions, alleging that they have
NovaStar to sell mortgage servicing rights, make ?substantial' job cuts (The Kansas City Star) Troubled subprime lender NovaStar Financial Inc. said this afternoon that it has agreed to sell its mortgage servicing rights to Saxon Mortgage Services for $175 million in cash.read more...
Mortgage group lighter on hardship (Daily Telegraph) THE Mortgage and Finance Association of Australia (MFAA) has introduced measures to encourage non-bank lenders, mortgage managers and brokers to assist borrowers in financial difficulty.read more...