Avoid temptation to tap retirement savings NEW YORK - People hard up for cash - whether they've been set back by a job loss or a disaster like Hurricane Katrina - may be tempted to tap
Capital One Reports Loss From Closing Mortgage Unit (Washington Post) Capital One Financial of McLean posted its first quarterly loss ever, from the expense of shutting down its mortgage lender, and warned of additional challenges in the credit card and
Fannie Mae splits with troubled lender Fannie Mae will no longer allow New Century Financial Corp. to sell mortgage loans to the U.S. government-sponsored company, alleging the troubled lender has breached the terms of its contracts,
Commercial Mortgage Bonds Look For Another Strong Year (Nasdaq) NEW YORK -(Dow Jones)- Underwriting standards are deteriorating and the economy is softening, but that's not going to stop bonds backed by commercial mortgage loans from posting another strong performance
Mortgage Company Lending Tree To Lay Off 400 Employees (NBC 4 Los Angeles) The Internet mortgage company Lending Tree is laying off more than 400 employees.read more...
Repossession, The State of The Housing Market, You May Want To Sell Your Home Fast Recently the Citizens Advice accused many lenders of giving mortgages knowing that the borrower could not possibly afford them and reported approximately sixty thousand householders seeking advice on mortgage
Easy money and low inflation have combined to undermine the value of buying a house with a fixed-rate mortgage, a conclusion that may surprise home buyers who rapidly have been bidding up house prices in recent …
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