Saturday, August 21, 2010

NYTimes.com: New Online Help From Fannie Mae
For more: http://nyti.ms/cy08le
SINCE foreclosures started to rise sharply in 2007, struggling borrowers have been offered a lot of help online. Some is well-meaning, but some is simply a scam in the form of expensive “debt relief” services that may be offered free elsewhere.
NYT: U.S. Mortgage Relief Effort Is Falling Short of Its Goal
For more: http://s.nyt.com/u/9HLg
The Obama administration’s mortgage relief program, originally intended to shield three million households from foreclosure, now looks as if it will permanently help as few as one-sixth of that number.

Friday, August 20, 2010

NYT: Banks Stuck With Bill for Bad Loans
For more: http://s.nyt.com/u/9KcM

Wednesday, August 18, 2010

NYT: Mortgage Role for U.S. Is Affirmed
For more: http://s.nyt.com/u/95kX

Sunday, August 15, 2010

NYTimes.com: More Borrowers Opt for 'Cash-In' Refinancing

The New York Times E-mail This
REAL ESTATE   | August 14, 2010
MORTGAGES:  More Borrowers Opt for 'Cash-In' Refinancing
BY BOB TEDESCHI
Instead of cashing out to buy vacations or new cars, borrowers are putting extra money into a refinancing, to lower their principal balance.