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Consumers feel fallout from Fannie, Freddie - MSN MoneyCentral(AP) - Jeff Jaye, a mortgage broker in Northern California, used to rely on homeowners looking to refinance their loans for more than two-thirds of his business. Today, he rarely bothers with those applications because he knows most homeowners can't ...
As U.S. Economic Problems Loom, House, Senate Sweat the Small Stuff - Wall Street JournalWASHINGTON -- The 110th Congress, whose term officially ends in January, hasn't passed any spending bills or attacked high gasoline prices. But it has used its powers to celebrate watermelons and to decree the origins of the word "baseball." Barring ...
Refer to a friend - PR InsidePostproperties.com - Post Properties, Inc. (NYSE: PPS) announced today the sale of its Post Oglethorpe(R) apartment community located in Atlanta, GA for a gross sales price of approximately $38.5 million. Post Oglethorpe(R) is a garden-style ...
Search News: - Businesswire.comPost Properties Sells Post Oglethorpe ® in Atlanta for $38.5 Million; Refinances Mortgage Debt Securing Properties Held in Joint Ventures; Moody ’ s and S&P Affirm Ratings and Change Outlook ATLANTA--( BUSINESS WIRE )--Post Properties, Inc. (NYSE ...
'Liar loans' threaten to prolong mortgage crisis - International Herald TribuneWASHINGTON : In the mortgage industry, they are called "liar loans" — mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job, and (no) assets ...
Dodd Deal: Extra Perks On Mortgages - Hartford CourantNo wonder Sen. Christopher Dodd won't release documents related to the $800,000 in cut-rate mortgages he got in 2003 from Countrywide Financial , once the nation's largest mortgage lender. The primary cause of the collapse of the mortgage industry is ...
For Obama And McCain, Wall Street Awaits - ForbesThough it's not the biggest item on the agendas of either campaign right now, the next U.S. President will face the challenge of sweeping finance market reform from the moment he enters office; the credit crisis is worsening, not improving, and each ...
Post Oglethorpe sold to Mid-America Apartments - Atlanta Business ChroniclePost Properties Inc. reported Tuesday evening it sold the Post Oglethorpe apartment community in the Brookhaven neighborhood of Atlanta for about $38.5 million. Atlanta-based Post Properties (NYSE: PPS) did not disclose the buyer. However, according ...
Foreclosure filing numbers still scary on national level - NW Florida Daily NewsWASHINGTON - The number of homeowners stung by the dramatic decline in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared with the same month a year ago. Nationwide, more than 272,000 homes received ...
'Liar loans' threatening to prolong mortgage crisis - MercurySalvatore Fucile, 82 and his wife, Clara, pose in their Springfield home. The couple wound up in an Option ARM from IndyMac after consolidating two mortgages. ,WASHINGTON — In the mortgage industry, they are called "liar loans" — mortgages ...

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Today's Mortgage Terms starting with G
Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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