 Globe and Mail |
More fiddling as foreclosure crisis rages on
Boston Globe It doesn't take a rocket scientist – or a Nobel winner, for that matter – to figure that one out, with foreclosures set to rise right into 2010. … US Treasury in foreclosure fines Treasury sets guidance to simplify "short sales" Gov't increases pressure on mortgage industry |
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Back in February, Obama signed the federal stimulus legislation of $787 billion. It was hailed as a necessary fix for the slumping economy and through the stimulus package President Obama created great expectations among Americans. The bill was finally pushed through because there was this great sense of urgency, implying that without the stimulus package, the unemployment rate would be over 10% and the economy would get worse.
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WASHINGTON: Up-front fees a tip-off of mortgage scams
TheNewsTribune.com State attorneys general in Idaho and Washington are warning of mortgage foreclosure rescue scams that target homeowners struggling to pay their mortgages by … Kansas attorney general fights to stop mortgage, foreclosure fraud Missouri Attorney General Sues Foreclosure Consultant |
Popularity: 1% [?]
 LongIslandPress.com |
More federal pressure on mortgage companies
Los Angeles Times Associated Press Washington – With the foreclosure crisis showing no sign of relenting, the Obama administration will step up pressure on mortgage companies … US Will Push Mortgage Firms to Reduce More Loan Payments US Treasury to Push Lenders to Finish More Home Modifications Obama to push banks on mortgages |
Popularity: 1% [?]
 FreeRateUpdate.com |
Mortgage Rates Reach Record Lows
FOX Charlotte Mortgage rates dropped to an all-time low this week. Bankrate.com reports the average conforming 30-year fixed mortgage rate fell to 5.00 percent this week. … FHA Mortgage Rates: FHA 30 Year Fixed Mortgage Rate as Low as 4.5%, FHA Rates … Rates on 30-year mortgages sink, match record low; The London Stock Exchange … Mortgage Interest Rates November 28 – Rates Up Today |
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 Los Angeles Times |
Falling rents aid homeowners in mortgage trouble
Los Angeles Times Mortgage titan Fannie Mae recently announced a program that would allow homeowners who are foreclosed upon to rent back their properties at market rates. … |
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 New York Times |
Prof backs mortgage walkaways
Boston Herald Stop paying on your mortgage if you owe more than the house is worth. And most important: Don't feel guilty about it and don't think you're doing something … Foreclosure Protections for All |
Popularity: 1% [?]
People have hoped that Black Friday this year would push the nation out of the recession. Despite the sluggish economy, retailers continue to hang their optimistic hats on black Friday shoppers. It turned out that retailers have managed to entice deal-hungry shoppers to come into their stores but in the end, they are disappointed when they see that shoppers stick only to the most deeply discounted items.
Popularity: 1% [?]
 eCreditDaily.com |
The moral dimensions of ditching a mortgage
Washington Post Stop paying on your mortgage if you owe more than the house is worth. And most important: Don't feel guilty about it. Don't think you're doing something … One in Four US Mortgages 'Underwater' 1 in 4 Borrower's Owe More on Their Mortgage Loans Than Homes are Worth, Says … St. Louis homeowners in better-than-average mortgage shape |
Popularity: 1% [?]
 Times Online |
Do Banks Act In Their Own Best Interest?
Atlantic Online That's why in regard to mortgage modifications, I've often asserted that it's silly to imagine that they'll intentionally lose money on mortgages just … Judge Erases Couple's $525000 Mortgage Payment Judge wipes out couple's mortgage after bank's 'repulsive' behaviour The $525000 mortgage pardon |
Popularity: 1% [?]
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