Mortgage, Home Loan & Refinance Information

Struggling for a way out of a home worth less than the ... - Raleigh News & Observer
DETROIT -- Sondra Malone, 35, bought a house in Eastpointe, Mich., in 2005 with an adjustable-rate mortgage. The $1,200-a-month payment on the house, along with high heating bills, an expensive SUV payment and other family expenses, quickly buried ...
Posted: Thu, 11 Mar 2010 13:08:00 GMT

Owners walk from homes, values erode - Detroit Free Press
... walk away often do so after failing to negotiate a loan modification ... for loan modifications that don't materialize. In December, the Obama administration -- displeased with the speed at which banks are rewriting at-risk home loans -- said ...
Posted: Sun, 07 Mar 2010 10:21:00 GMT

Freddie Mac Announces Home Prices Fell 0.4 Percent in 2009 - HULIQ.com
Freddie Mac announced that the Conventional Mortgage Home Price Index (CMHPI) Purchase-Only Series registered a 0.4 percent decline from the fourth quarter of 2008 to the fourth quarter of 2009, In 2008 the drop in home prices was 9.5 percent. Frank ...
Posted: Mon, 01 Mar 2010 23:57:00 GMT

Q&A: Title company agent finds rewards in job - Colorado Springs Gazette
Sara Martin doesn’t buy or sell real estate, but she’s had a hand in thousands of deals over more than 30 years. As an account representative for Land Title Guarantee Co. in Colorado Springs, Martin works with buyers and sellers, real estate ...
Posted: Sat, 06 Mar 2010 20:02:00 GMT