Struggling homeowners could get new government-backed loans

The Associated Press WASHINGTON (AP) — Homeowners staggering under mounting mortgage debt and facing foreclosure could get cheaper, government-backed loans under Democrats' housing rescue plan. But first, lenders would have to agree to wipe out part of ... More... (Mortgage News)
Add a Comment , April 22nd, 2008

Homeowners go extreme in bid to unload homes

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 ... More... (Foreclosure News, Education, and Updates, Mortgage News)
Add a Comment April 14th, 2008

Wave of foreclosures hits owners who bought multiple properties

Robert and Yvonne Cromer began investing in real estate in 2000, when they tapped the equity in their College Area home to buy a nearby rental property. Over the next few years, the San Diego County ... More... (Mortgage News, Real Estate News)
Add a Comment , , , March 23rd, 2008

Mortgages May Find Help From Uncle Sam

The Bush administration has abandoned its doctrinaire insistence on market-led solutions to the unfolding mortgage crisis, and President George W. Bush has expressed support for recent Federal Reserve measures to stabilize capital markets. Yet the administration's ... More... (Foreclosure News, Education, and Updates, Mortgage News)
Add a Comment , March 19th, 2008

Homeowners face mortgage struggle

More than a third of a million homeowners who took out 'safe' mortgage deals five years ago are now struggling to face a bill of £1.02 billion. About 340,000 five-year fixed rate mortgages were taken out ... More... (Mortgage News)
Add a Comment , March 18th, 2008