Refinance Home Loans - FBI starts Nevada mortgage-fraud task force
FBI starts Nevada mortgage-fraud task force
Reuters - WASHINGTON (Reuters) - The FBI has started a mortgage-fraud task The end result is that home buyers purchase properties in communities that are greatly over valued, and they are then unable to sell or refinance the property, eventually leading to
Daily Briefing
Atlanta Journal Constitution - Mortgage terms proposal unveiled Washington - Prospective home buyers would get easier-to-understand information on mortgage terms and save on it simpler for consumers to make comparisons when they shop to buy a house or refinance a mortgage.
Uncle Sam Nears a Massive Banking, Housing Bailout
US News and World Report - bailout to stop the increasing rate of foreclosures and the continuing drop in home FHA provides up to $300 billion in new guarantees to help refinance at-risk borrowers into viable mortgages. The terms of the first mortgage are set at a level
Bush to meet with U.S. financial policymakers
Washington Post - The broker was hard hit by its heavy exposure to the faltering U.S. mortgage market. could play a larger role in helping to stem the rising tide of home foreclosures and allow state housing agencies to issue tax-free bonds to help homeowners refinance
HUD unveils new mortgage-term disclosure form
Missoulian - HUD’s proposed revision to the 34-year-old Real Estate Settlement Procedures Act would mandate a federal disclosure form to be given to consumers who refinance a mortgage or borrow to buy a home.