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News about Mortgages:
Metro-Area Foreclosure Sales Tripled in First 10 Months of 2008 - BloombergJan. 6 (Bloomberg) -- Foreclosure sales in the 25 largest U.S. metropolitan areas almost tripled in the first 10 months of last year as rising unemployment and falling home values made it tougher for homeowners to sell or refinance their mortgages ...
Loan modifiers accused of bilking homeowners - Atlanta Journal ConstitutionWashington —- A growing industry has emerged to take advantage of the unprecedented wave of foreclosures, charging distressed homeowners for help negotiating better loan terms —- a service provided for free or for a nominal fee by many nonprofits ...
Today's Mortgage Terms starting with W
Walk Through: A final inspection of a home to look for problems that may need to be addressed before closing.
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