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subprime mortgage crisis (RSS)
Effective February 1, 2010 the Department of Housing and Urban Development (HUD) will relax FHA rules that prohibit insuring mortgages on homes that are owned by the seller for less than 90 days – a move that could help expedite the rehabilitation
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There's no question about it: nationwide foreclosures are up, particularly in Nevada, California, Arizona, Michigan, Florida and Colorado. Although we can be grateful that the Lone Star State is not currently near the top of this list, there are Texans
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If you're already a homeowner, chances are you're familiar with the components of your monthly payment to your lender. If you have yet to make the leap into homeownership, you may not understand what this monthly payment includes. Breaking down
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Could you pay cash for a home? Not many people can. Thankfully, we have mortgages at our disposal to make such a hefty purchase. But we’re all painfully aware of problems in the mortgage industry these days. What does this mean for your planned
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There are some misconceptions out there—beliefs about the real estate business that could affect your decisions when buying or selling a home. I’d like to clear up some of the most widely held misconceptions about how real estate really works.
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T he current upheaval in the market has given rise to significant opportunities to help you make informed decisions. It is up to you to become an educated seller or buyer. For Sellers, the following points are key: Home values will stay stagnant or potentially
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By Bradley Keoun May 22 (Bloomberg) -- Fremont General Corp., whose loans to risky borrowers helped trigger the subprime mortgage crisis, will sell its commercial real-estate unit for $1.9 billion and bring in new managers led by billionaire banker Gerald
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