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mortgage rules prove too strict for some retireesit’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >>mortgage comparison-shopping: how to read good faith estimatetaking out a mortgage loan requires careful consideration of all the costs associated with a purchase or refinance transaction. for...44% of cook county homes with a mortgage are underwateralmost 667,000 homes with a mortgage in the seven-county chicago area were underwater on their mortgages in march -- and 13 percent of those homeowners were also delinquent on their mortgage payments by three months or more.freddie mac announces prepayments in certain mortgage participation certificatesmclean, va., may 22, 2012 /prnewswire/ -- freddie mac (otc:fmcc) announced today that certain of its mortgage participation certificates (pcs) will shortly experience prepayments in a total amount of approximately ... |
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