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My Personal Credit Crisis

While I can sympathize somewhat with Edmund L. Andrews and what he went through (May 17), his comment that “I took a certain pride that I outlasted two of my three mortgage lenders” actually left me angered. I am not a fan of these mortgage companies, but a big reason they failed was that borrowers [...]





Congress funds mortgage fraud crackdown

… investigate and prosecute those who engage in mortgage fraud. By Kenneth R. Harney May 31, … applications to highly organized roving networks of “foreclosure relief” scammers who bilk money out of …
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Chronicle of calamities on the road to ruin

… of the international economy: 2006: The U.S. mortgage market shows signs of trouble, with rates … trouble, with rates of loan delinquencies and foreclosures rising. April 2007: The New Century Financial …
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Beyond the Sunset

… to justify such as resurgence. Rather, rising foreclosures, plunging real estate values and rising unemployment … the same way it does Treasuries and mortgage securities now. The cost would of course …
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Capitalist, Mormon, Dad — and under indictment

… Utah County neighbors to take out second mortgages on their homes and invest the proceeds … are out their life savings or facing foreclosure. And the politicians who stymied state investigators …
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Each week, sharks feed on county’s foreclosed homes

… Each week, sharks feed on county’s foreclosed homes EVERETT — A feeding frenzy. That’s … $300,000. Instead, they actually bought a second mortgage and unwittingly acquired outstanding debts on the …
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This Way There Be Dragons

… as interest rates are rising, even on mortgages that the Federal Reserve is buying in … depressed, what are selling are homes in foreclosure, as buyers perceive that there are bargains. …
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Fed Watch: Are We Seeing A Return to Nasty External Dynamics?

… be undermined as rising Treasury yields boost mortgage rates higher. And while we have seen … in existing homes sales – of which foreclosures and distressed sales are no small part …
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Mortgages: Avoiding Foreclosure

… of up to $15,000 to cover missed mortgage payments. But vast numbers of borrowers who … Advance loans continue to be a viable foreclosure prevention solution, Ms. Bonitatibus said. But she …
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The Interface Financial Group Offers Ailing Construction Industry Assistance via Construction Factor

… Construction Industry Research Board. The number of mortgage default notices issued to California homeowners, often … issued to California homeowners, often leading to foreclosures several months later, reached record levels in …
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