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August 30, 2008

Refinance Home Mortgage - New round of losses hits market - The Clarion-Ledger

Filed under: Refinance Home Loans — Administrator @ 12:19 pm

New round of losses hits market - The Clarion-Ledger
In the mortgage industry, they are called “liar loans” - mortgages approved without requiring proof of the borrower’s income or assets. The worst of them earn the nickname “ninja loans,” short for “no income, no job, and (no) assets.” The nation’s

UPDATE 1-Australia’s CBA to buy 33% stake in Aussie Home Loans - CNBC
SYDNEY, Aug 29 (Reuters) - Commonwealth Bank of Australia Ltd (CBA) , the country No. 2 lender, agreed to buy a 33 percent stake in mortgage broker Aussie Home Loans, as Australian banks swoop on opportunities created by the global credit

Private Sector Commentary: Foreclosures distort housing data - Pittsburgh Post-Gazette
As if the housing market wasn’t scary enough, the record-setting surge in foreclosures could be distorting some of the closely watched housing data used to gauge the market’s health. The foreclosure glut is making listings of homes for sale a less

Fighting Foreclosure - CNN Money
Obama wants the government to step in to help homeowners facing foreclosure. McCain gradually broadened his position to support government intervention, legislation for which Congress passed in July, but had wanted stricter requirements for borrowers

Let’s Chat Today - Washington Post
Join me today at noon for a live online discussion about mortgages. The current housing market has sidelined many would-be buyers, who are worried they’ll buy before the market hits bottom. Meanwhile, mortgages rates are rising and qualifying for a

Refinance Home Loans News and Refinance Home Loans Information.