Some now eligible to deduct mortgage insurance

For the first time, many low- and moderate-income families who purchased homes using private or government mortgage insurance will be able to deduct those premiums when they file their 2007 federal tax returns next month, ... More... (Mortgage News)
Add a Comment , , March 27th, 2008

UK Mortgage & Real Estate: Freeze on mortgage lending to hit house prices

Freeze on mortgage lending to hit house prices Lenders are cutting back on loan deals which could topple the property market this year NATIONWIDE, Britain’s biggest building society, has warned that house prices could drop 5% this ... More... (Mortgage News, Real Estate News)
Add a Comment , , March 23rd, 2008

UK: Mortgage default fears feed the rise of opportunist sale-and-leaseback firms

FIRST THE Treasury, and then a powerful trade body, declared "the era of cheap mortgages is over" last week as a swathe of evidence exposed the extent of the looming crisis for UK homeowners. With mortgage ... More... (Mortgage News)
Add a Comment , , March 23rd, 2008

Video: Desperate Homeowners Burn Their Homes!

Watch this video: Facing foreclosure, some homeowners set fire to their own homes. Read Full Article More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , , March 15th, 2008

Mortgage Defaults Reach a New High

WASHINGTON — Defaults on home mortgages touched another all-time high at the end of the last year as foreclosures surged on adjustable-rate mortgages, an industry group reported on Thursday. The latest data is expected to put ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , , March 6th, 2008

U.S. insured mortgage defaults up 31 pct to record

NEW YORK, Feb 29 (Reuters) - Defaults on privately insured U.S. mortgages rose 31.3 percent in January to the highest level on record, as more homeowners failed to keep up with their loan payments. The Mortgage ... More... (Mortgage News)
Add a Comment , , March 1st, 2008