Mortgage Meltdown, More Pain To Come

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jeffer90576 View Your Profile Edit Your Profile Home Blogs/News Around The Web Forums Video Wiki TODAY'S HEADLINES Mortgage Meltdown, More Pain To Come (Community Commentary) MBS LUNCH: Recovered and Range Bound. Some Trivia Too (MBS Commentary) Mortgage Rates Look for Direction and the Week Ahead (Mortgage Rate Watch) The Week Ahead: Holiday Shortened Calendar (Top News) LATEST VIDEO James Lockhart: Fixing the Mortgage Markets Wilbur Ross on Financial Regulation President Obama's financial regulatory reform plan has the possibility of making sweeping changes to an industry where risk is king. Wilbur Ross, chairman Success On Housing Business Analysis and discussion with the Co-Founder of Omni New York Mo Vaughn. He talks about the affordable housing and real estate development. (Venture) AROUND THE WEB 175 California Hotels In Default; Sheraton Keahou Bay Resort in Hawaii Defaults; More Defaults Coming Bank of New York Mellon Faces More Write-Downs Is Treasury's TARP Debt Already Monetized? Part II Primary Dealer 10yr Treasury Note Outlook Agency MBS (Mortgages)? Better Read This! Top 1000 world banks 2009 POPULAR FORUM DISCUSSIONS [Poll] HR 3044: To Impose 18 Month Moratorium on HVCC Here's my scenario: 190,000 selling price, 20% down, 790 FICO, in Michigan. My broker told me I can lock at 5.5% for 30 days with no points. However We are buying a foreclosed home. Contract was for a 35 day escrow and if longer, we'd be charged a per diem penalty of $100 a day until close by the We put an offer in on a foreclosed property on Sunday, apparently one of two they received (the other was from a cash buyer, for less money). Monday we WIKI QUESTIONS AND ANSWERS Recent Questions What is HVCC and what are the pros and cons? What are the warranty laws on a home in the state of California? Do warranties transfer to new owner? Our home has 4 defective windows that have a 10 year Hi All, I'm a first time buyer here. I had locked in at 5.875 and no points/originiation fees in early june and that was th best rate at the time. Why are payments on the payment schedule of the Truth in Lending higher than the P& I payment on page 1? Hi- Love this site, by the way... I am so glad I stumbled across it a few weeks ago. There is no better place to keep a finger on the pulse of mortgages Recent Answers There is a property that has gone into foreclosure. I have a buyer that would like to purchase this property but I cannot find a contact person with the How do I purchase a foreclosed home in my neighborhood? How much does it cost to transfer ownership of a house? Mortgage News Daily

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