Latest Posts
HUD Approves Borrower Paid Counseling For Reverse Mortgages
May 12, 2008Last week the U.S. Department of Housing and Urban Development published Mortgagee Letter 2008-12 to permit counseling agencies to charge seniors a fee for counseling services. HUD said the counseling fee should be reasonable and customary for the service provided and not exceed $125. The payment of the fee can be paid using one of […]
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IndyMac Posts $184.2 Million Loss; Doesn’t See Profitability Until 2009
May 12, 2008 -
PMI Posts $274 Million Loss; Borrower Defaults Rising Quickly
May 12, 2008 -
Housing Woes Remain Long-Term Problem, Says Goldman Sachs Economist
May 12, 2008 -
Clayton Posts $6.6 Million Loss
May 12, 2008 -
MBIA Posts $2.4 Billion Loss; Shares Rise Anyway
May 12, 2008 -
HSBC Sets Aside $3.2 Billion for Bad Loans
May 12, 2008 -
E*Trade Exits Retail Mortgage Origination
May 12, 2008 -
The political risk of a housing bailout
May 12, 2008 -
RBS Subprime Exposure Subject of SEC Investigation
May 12, 2008 -
On the myth of walking away
May 12, 2008 -
PMI Gets Aggressive on Loan Modifications
May 12, 2008
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