Everybody I have talked to finds the elaborate vocabulary of mortgages distressing and complex. There is the Pay Option, the Pick-a-Payment, the Cash Flow ARM, and then there is the Option ARM.
The beauty of these ...
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, neg am, Option ARM April 18th, 2008
Sallie Mae loses $104M in 1Q, misses Wall Street estimates, sets aside $137M for loan losses
WASHINGTON (AP) -- Sallie Mae lost $104 million in the first quarter and fell short of Wall Street's expectations amid ...
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WASHINGTON (Thomson Financial) - The federal regulator of mortgage giants Fannie Mae and Freddie Mac said while the two companies have made strides in getting their financial reporting in order, they still need to be ...
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WASHINGTON -
A top House lawmaker is stepping up pressure on the mortgage industry to modify troubled home loans, holding out the threat of tighter regulations in future legislation.
Mortgage industry executives, meanwhile, are urging lawmakers to ...
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Home-loan data to be released Wednesday will show whether applications rose for the second straight week, as borrowers took advantage of favorable interest rates to refinance their home loans.
The Mortgage Bankers Association is scheduled to ...
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A recent Wachovia survey reported that more than half of female respondents feel worried when they think about being prepared for retirement. Here are five things you can do to ensure that your retirement years ...
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By J.W. ELPHINSTONE, Associated Press
Frustrated as her house languished on the market for three straight summers, J.J. Rodgers is trying a new sales tactic: giving the two-story home away in an essay contest.
Already, she's received ...
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The legislation would allow judges to stop the clock on foreclosures for three months.
By Jessica Fender
The Denver Post
An extra 90 days would go a long way toward helping bookkeeper Silvia Miranda keep her Thornton home.
After ...
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SAN FRANCISCO (MarketWatch) -- Wachovia Corp could announce as soon as Monday that it is getting a capital infusion of as much as $ billion dollars from outside investors, according to a media report. terms of ...
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By Nick Carey
EASTPOINTE, Michigan (Reuters) - Among the byproducts of the U.S. housing crisis is a surge in scams that cheat people out of their money, their homes, or both, under the guise of offering ...
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