The mortgage default crisis has an ominous new face. It’s your neighbor with a traditional fixed-rate loan. No longer is the real estate bust simply the result of exotic, subprime loans that doubled payments and blew up in homeowners’ faces. As the …
Mortgage provider RAMS Home Loans says it will offer the fixed rate component of a new home loan product at half a percentage point below the variable rate. The Westpac-owned RAMS is making the offer just three weeks after raising the interest rates …
Reporting from Washington — Would you, under any circumstances, default on your home mortgage, even if you could afford to make the monthly payments? That’s a trickier question than you might assume, according to new research from the University of …
The mortgage default crisis has an ominous new face. It’s your neighbor with a traditional fixed-rate loan. No longer is the real estate bust simply the result of exotic, subprime loans that doubled payments and blew up in homeowners’ faces. As the …
Mortgage provider RAMS Home Loans says it will offer the fixed rate component of a new home loan product at half a percentage point below the variable rate. The Westpac-owned RAMS is making the offer just three weeks after raising the interest rates …
WMBD/WYZZ-TV–PEORIA–Local lawmakers are helping homeowners prevent foreclosure by lowering mortgage payments. Representative Jehan Gordon and Senator Dave Koehler held a press conference at the neighborhood house this morning to share information …
More than 260,000 people were at least three months behind with their mortgage payments in May, according to the Council of Mortgage Lenders. It has warned that the total number behind with payments could rise to more than 400,000 by the end of the …
The mortgage default crisis has an ominous new face. It’s your neighbor with a traditional fixed-rate loan. No longer is the real estate bust simply the result of exotic, subprime loans that doubled payments and blew up in homeowners’ faces. As the …
You can’t expect a bank that is dumb enough to sue itself to know why it is suing itself. Yet I could not resist asking Wells Fargo Bank NA why it filed a civil complaint against itself in a mortgage foreclosure case in Hillsborough County, Fla. “Due …
ALL I want is a new mortgage. That’s not strictly true. There are many things I want: eternal health, bigger abs, a lifetime supply of giggles. But right now I’d settle for a new mortgage. A man my wife knows is behind a desk fiddling with his base …
