Mortgages News
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Bank of America has announced it is in the midst of unrolling a new program called "Mortgage to Lease." This plan is to be offered to selected mortgage customers facing foreclosure.
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Toronto -
The General Manager of The Croatian Credit Union, located on Dundas Street West in Ontario allegedly helped suspects obtain fraudulent mortgages on undeveloped parcels of rural Ontario land.
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The federal government should self-refinance the original mortgages directly with homeowners at 4% fixed for 20 or 30 years, ultimately turning these mortgages into GNMAs.
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The mortgage crises has really affected everyone, not just the middle and lower class. Even the wealthy are having problems now when it comes to refinancing their homes.
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Julian Tzolov, a former Credit Suisse Group AG broker, who faces charges of security fraud and bail jumping for illegally selling subprime mortgages, has been arrested in Spain following an international manhunt.
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One year’s free mortgage and up to 40% discounts on house purchases are to be offered to divorced and separated couples in Spain as part of a new initiative lead by the Spanish real estate group, Ternum.
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Obama announced that between $50 billion and $100 billion will be spent on making mortgage payments affordable, as part of the giant gamble he and Congress are making, under the title of “stimulus.”
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Just when you thought the level of disgusting behavior and stupidity couldn’t get worse, comes a new scam taking money off people being foreclosed. Lenders are creating more opportunities for ripoffs as they foreclose mindlessly on anything and anyone.
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Texas Republican Representative and former GOP Presidential hopeful Ron Paul had weighed in on the idea of the bail out. Paul had plenty of interesting things to say on the matter.
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There are so many mortgage defaults on top of foreclosures that banks are being overwhelmed. Two per cent of mortgages have been foreclosed, and 3.6 per cent are in arrears of more than 90 days. Banks are now “starting to look the other way."
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Mortgages Headlines
The state of the UK mortgage market in the coming year is "difficult to call", according to the Council of Mortgage Lenders.
UK mortgage lending picked up in February, according to the latest figures from the Council of Mortgage Lenders.
The mortgage decision facing at least a million households
Who is locked into a mortgage and how can they escape?
The UK's biggest mortgage lender, the Halifax, is raising its standard variable mortgage rate from 1 May, to 3.99% from 3.5%.
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Mortgages Blogs
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April 22, 2012 Three years after being bailed out by the International Monetary Fund Iceland decides to put its...
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Many fans remember her as Randy Dean, the baby butch from The Incredibly True Adventures of Two Girls in Love, or, more...
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As 2011 came to a close and in the first months of 2012, the European Central Bank (ECB) initiated a massive injection...
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It is hard to amuse a world reading with the innovative wording might be used to presenting the recent personal New...
Dec 20, 2011 by mkwrk2 - 2 comments |
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One depressing aspect of following the exploits of the American political class is that you rarely get to experience...
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