Mortgages and Loans help
Jo, UK London, Mortgage approval figures rebound Mortgage approvals have risen after a recent slump Mortgage approvals have risen after a recent slump, confirming fears that interest rates will rise even … via This Is London
U.S. banking regulators told mortgage lenders to toughen standards for subprime home loans in a belated effort to end abuses that led to a surge in defaults and the highest foreclosure rate in five years.
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Federal banking regulators on Friday told the companies they regulate to tighten mortgage lending standards in a belated effort to end abuses that have led to a surge in foreclosures. The directive instructed banks, thrifts and credit unions to revive standards that once seemed basic common sense, such as documenting that a borrower can afford a loan. Lenders were also told to stop making loans …
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Olga Lukianova loved the location, the look and the price of the cute bungalow she and her husband spotted while shopping for a new home—until she swung the front door open.
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There’s a marketing blitz underway aimed at the homeowner in denial—the one missing mortgage payments, dodging calls from the lender and hoping for the best.
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Gunston Manor was once a rustic community with “no trespassing, firearms in use” signs. Today, as Peter Weyland, a 31-year resident, entertains neighbors on his multilevel deck overlooking the Potomac River, he describes Gunston Manor as “the jewel of Fairfax.”
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NEW YORK —If your house is flooded during a hurricane, is the damage covered by your homeowners insurance policy? Will it cover a motor scooter stolen from the back yard? Or your son’s possessions when he moves into his college dormitory?
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When Bo Barefoot gives directions to his house in Bethesda, he stops with the turn onto his street. After that, he says, “You’ll see the banana trees.”
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Q: We bought our house about a year ago and recently discovered a number of defects that were not disclosed to us by the sellers. We went to mediation, but without success. The mediator suggested that instead of filing a lawsuit, we should go to binding arbitration. What is the difference between litigation and arbitration?
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What kind of financing is possible for home buyers and sellers worried about rising mortgage rates, Wall Street bond-market jitters and soft home prices?
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