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News about Mortgages:
Fannie/Freddie rescue could aid Poconos market - Pocono RecordThe federal takeover of two mortgage giants could spell relief for local homeowners — and may even improve the slumping Poconos real estate market, local experts say. On Sunday, the federal government said it would seize troubled mortgage giants ...
Poconos mortgage suit set for February - Allentown Morning CallA federal lawsuit filed six years ago alleging that more than 100 home buyers were defrauded by JP Morgan Chase Bank and a Poconos builder will finally go to trial in February. U.S. District Judge Christopher C. Conner on Friday set a Feb. 2, 2009 ...
Homeowners boosted, Obama bashed during McCain campaign stop (with ... - Pocono RecordBETHLEHEM — Sen. John McCain touted his new plan for a federal buyout of home mortgages and swiped at his rival during a campaign stop at Lehigh University's Stabler Arena on Wednesday. "The dream of owning a home should not be crushed under the ...
Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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