Posted on Saturday, 4th July 2009 by Mortgage Helper
Scotland Yard is investigating a Conservative peer who claimed tens of thousands of pounds in overnight allowances despite living just 46 miles from Westminster, it was reported.
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Posted on Thursday, 2nd July 2009 by Mortgage Helper
The housing bust has finally clobbered super-pricey Manhattan home prices. Reports released Thursday by four major New York brokers show that prices cratered during the three months that ended June 30.
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Posted on Thursday, 2nd July 2009 by Mortgage Helper
If the aftermath of the credit crunch is a financial landscape featuring fewer banks, each even bigger than before because of government-engineered mergers and opportunistic takeovers of weaker brethren, then we should all be very afraid.
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Posted on Thursday, 2nd July 2009 by Mortgage Helper
There were seven more failed banks this week on July 2, 2009 as detailed below. 2009 has now seen a total of 27 more failed banks than occurred for all of 2008. The latest 7 banking closures by the FDIC brings total banking failures for 2009 to 52.
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Posted on Thursday, 2nd July 2009 by Mortgage Helper
Fannie Mae and Freddie Mac have received the green light from their regulator to refinance underwater homeowners with loan-to value ratios as high as 125%.
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Posted on Thursday, 2nd July 2009 by Mortgage Helper
Industry groups are backing an Obama administration plan to simplify mortgage disclosures and make them more consumer friendly but first the trades want the Department of Housing and Urban Development to kill a Real Estate Settlement Procedures Act rule that is due to go into effect Jan. 1, 2010.
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Posted on Thursday, 2nd July 2009 by Mortgage Helper
The Department of Housing and Urban Development is revising its appraisal policies on Federal Housing Administration-insured loans with respect to appraisal management companies, according to an agency spokesman.
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Posted on Thursday, 2nd July 2009 by Mortgage Helper
The Title/Appraisal Vendor Management Association has sent a three-page letter to the National Association of Mortgage Brokers stating its attacks on appraisal management companies in the fight over the Home Valuation Code of Conduct are baseless.
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