If you’ve been hoping that Treasury Secretary Henry Paulson is going to start paying your mortgage out of the kindness of his heart, think again:
Treasury Secretary Henry Paulson said Thursday that many proposals being put forward to deal with the housing slump would do more harm than good.
While he still believes that the housing problem […]
Not really a surprise for anyone that’s been paying even half-attention, but the third quarter numbers for foreclosures in the US don’t exactly paint a pretty picture:
The Mortgage Bankers Association in its quarterly snapshot of the mortgage market released Thursday said that the percentage of all mortgages nationwide that started the foreclosure process jumped to […]
It looks like the writing is on the wall, as far as the knee-jerk mortgage rate freeze plan becoming a reality. Some highlights include:
Another person familiar with the matter said the rate-freeze plan would apply to borrowers with loans made at the start of 2005 through July 30 of this year with rates that are […]
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