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Our View: Don't tax homeowners'canceled debt - Merced Sun-StarOur View: Don't tax homeowners'canceled debtMerced Sun-StarArnold Schwarze-negger and legislative Democrats are in another one of their political spats, and this one could cost Californians caught up in the mortgage ...and more »
Some See a Real Estate Bubble Forming in Canada - New York TimesNew York TimesSome See a Real Estate Bubble Forming in CanadaNew York TimesThey also maintained comparatively tight controls on mortgage lending to consumers. When zero percent down payments on mortgages were widely available in ...and more »
Mortgage modification businesses ordered to cease and desist - Marco EagleABC NewsMortgage modification businesses ordered to cease and desistMarco EagleRecords provided by the Bonita company to investigators, cited in the 36-page order, indicate that the company was getting paid in double installments of ...Mortgage remodification businesses ordered to cease and desistNaples Daily NewsObama Overstates Loan Modifications, Republicans SayBusinessWeekall 230 news articles »
Greenspan & Bernanke still don't get it - CNNMoney.comDaily MailGreenspan & Bernanke still don't get itCNNMoney.comThe blame has to be shared by greedy banks and mortgage lenders, short-sighted investors who were willing to turn a blind eye to risk and keep buying ...Greenspan Concedes That the Fed Failed to Gauge the BubbleNew York TimesGreenspan Defends Low-Rate PolicyWall Street JournalGreenspan says, je regrette quelque choseFT Alphaville (blog)Economist -CounterPunch -Wall Street Pit (blog)all 123 news articles »
Financing a Fixer-Upper - New York TimesNew York TimesFinancing a Fixer-UpperNew York TimesMount Vernon, one of the county's poorer cities, was hard hit by the subprime mortgage crisis and has plenty of such homes. It is where Maria Andrews-David ...and more »
Borrower makes huge home mortgage payment - Bankrate.comBankrate.comBorrower makes huge home mortgage paymentBankrate.comTo ask a question of Dr. Don, go to the "Ask the Experts" page, and select one of these topics: "Financing a home," "Saving & Investing" or "Money."and more »
Consumer regulations need better watchdog than US Senate bill provides - Providence JournalProvidence JournalConsumer regulations need better watchdog than US Senate bill providesProvidence JournalIt's been two years since the subprime mortgage crisis rocked the housing market, dragging down property values. Eighteen months have passed since the ...and more »
On Long Island, Legislating Fairness in Co-ops - New York TimesOn Long Island, Legislating Fairness in Co-opsNew York TimesShe added, “If a bank declines to give you a mortgage, they have to tell you why. But this segment of the real estate market has been able to avoid those ...and more »
Michael Lewis's The Big Short: What Does It Mean to Bet (Right) on Armageddon? - Huffington Post (blog)Globe and MailMichael Lewis's The Big Short: What Does It Mean to Bet (Right) on Armageddon?Huffington Post (blog)... starting sometime around 2005, a 42-page, meticulously documented presentation about everything that was wrong with the subprime mortgage market. ...Book It: The Big Short: Michael Lewis Goes Inside the Doomsday MachineBostonistall 33 news articles »
Thousands expected in DC for anti-war protest on 7th anniversary of US ... - Gaea Times (blog)Gaea Times (blog)Thousands expected in DC for anti-war protest on 7th anniversary of US ...Gaea Times (blog)Stops on the route include military contractor Halliburton, the Mortgage Bankers Association and The Washington Post offices. The protest is expected to ...and more »

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Today's Mortgage Terms starting with S
Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.
View all Terms |