Subprime Mortgage War of Words Continues - 03/30/07 01:22 PM
Originally Posted on HomeFinancingNews.com 
In the face of mounting pressure for reform of the subprime mortgage sector, some industry professionals are pushing back, and cautioning against punishing the large majority of able borrowers.
Over the past decade subprime mortgages have allowed many borrowers with less than stellar credit to become homeowners. … (0 comments)

Sub-prime Mortgages Causing Short and Long-term Concerns - 03/29/07 10:03 AM
Originally Posted on HomeFinancingNews.comSub-prime lenders continue to struggle under mounting bad news. According to the the Mortgage Bankers Association, late mortgage payments have hit a 3½-year high, with much of the blame being given to sub-prime delinquencies.
Mortgage payment woes and weaker than expected retail sales figures have caused turmoil in … (0 comments)

Mortgage Lead Fraud: The New Form of Identity Theft - 03/29/07 09:54 AM
Have you ever filled out an online mortgage form and expected a handful of lenders to contact you, only to have dozens call you? Have you been contacted by companies claiming you filled out an online loan application, when in fact you never did? If so, you may have been the … (0 comments)

New Home Sales Rattle Market - 03/29/07 09:52 AM
Originally Posted on HomeFinancingNews.comThe Commerce Department announced their much anticipated statistics on February's new home sales yesterday. But the figures proved to be a big disappointment to many analysts, who were looking for a silver lining on the back of a recent storm of bad mortgage news.
February's new home sales … (1 comments)

 
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