Mortgage/Finance News

Loan requirements become even stricter today

    More bad news in today’s paper for the Real Estate and Mortgage industry. The Sun-Sentinel has an article in today’s paper saying that Mortgage insurers have already flagged nearly a quarter of the nation’s ZIP codes where they refuse to insure some home loans. These types of loans that are being flagged and black […]


Mortgage Meltdown

Sunday, December 9, 2007 (SF Chronicle)
MORTGAGE MELTDOWN/Interest rate ‘freeze’ - the real story is fraud/Bankers pay lip service to families while scurrying to avert suits, prison
Sean Olender
New proposals to ease our great mortgage meltdown keep rolling in. First the Treasury Department urged the creation of a new fund that would buy risky mortgage bonds as […]