The Maryland Senate has unanimously approved mortgage lending bills aimed at addressing the state's rising foreclosure rate.
Senators voted without debate to approve three bills. The measures include setting up a new crime of mortgage fraud ...
More... (Mortgage Education, Mortgage News)
Add a Comment 
Mortgage News March 20th, 2008
Raise your hand if you do not quite understand this whole financial crisis.
It has been going on for seven months now, and many people probably feel as if they should understand it. But they do ...
More... (Mortgage Education, Mortgage News)
Re “In Sweeping Move, Fed Backs Buyout and Wall St. Loans” (front page, March 17):
Finally, we can see the essence of George W. Bush’s compassionate conservatism in his administration’s Wall Street rescue. Will Washington soon ...
More... (Mortgage Education, Mortgage News)
Tougher standards may result in big down payment
Would-be homeowners with middling credit scores are finding mortgages difficult to come by as wary lenders clamp down on credit.
Credit score guidelines for conforming loans - loans eligible ...
More... (Mortgage Education, Mortgage News)
Non-prime home lenders hit by trouble securing financing; new opportunities for big banks
The effects of the U.S. subprime crisis are showing up on the fringe of the Canadian mortgage business, even though mainstream lending and ...
More... (Foreclosure News, Education, and Updates, Mortgage Education, Mortgage News, Real Estate News)
NEW YORK (MarketWatch) -- Welcome to our daily roundup of subprime- and credit-crunch-related news from MarketWatch.
Each weekday morning, Subprime Today will provide a synopsis of our own coverage as well as stories from other news ...
More... (Mortgage Education, Mortgage News)
A new agreement between the NY Attorney General and Fannie and Freddie should promote independence and accuracy of appraisals. But it's going to cost buyers.
NEW YORK (CNNMoney.com) -- It's going to cost some borrowers even ...
More... (Mortgage Education, Mortgage News)
Federal Reserve Report Shows Homeowner Equity Dipping Below 50 Percent, the Lowest on Record
NEW YORK (AP) -- Americans' percentage of equity in their homes fell below 50 percent for the first time on record since ...
More... (Mortgage Education, Mortgage News)
Reverse mortgages are complex loans typically available only to homeowners older than 61. They permit owners to borrow against their houses, but they do not require loan repayment until the borrower moves out of the ...
More... (Mortgage Education, Mortgage News)
Fed Chairman Ben Bernanke explains credit spreads to Congress
A lot of readers have been wondering why mortgage rates are jumping — even as the Federal Reserve is busy cutting interest rates. This week, Fed Chairman ...
More... (Mortgage Education, Mortgage Interest Rates, Mortgage News)
