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, ...
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Late payments, Mortgage Defaults, Mortgage Insurance March 27th, 2008
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 ...
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Mortgage Defaults, Mortgage News, uk March 23rd, 2008
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 ...
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Mortgage Defaults, Mortgage News, uk March 23rd, 2008
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 ...
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adjustable rate mortgages, ARM's, foreclosures, Mortgage Defaults March 6th, 2008
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 ...
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Late payments, Mortgage Defaults, Mortgage Insurance March 1st, 2008