U.S. Representative says GSE amendment would make loan cap $500,000 Last Update: 2:01 PM ET Sep 11, 2007 Print E-mail Subscribe to RSS Disable Live Quotes (Updates to add details) By Damian Paletta Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--U.S. House Financial Services Committee Chairman Barney Frank said Tuesday an … [Read more...]
The substitute to Subprime?
September 14, 2007 By Leave a Comment
FHA saddles up to help delinquent borrowers As millions of homeowners lie bleeding in the Subprime Corral, the feds ride in on an old mare to rescue a few borrowers suffering from scratches.The bailout plan, called FHASecure, is designed to prevent foreclosures among homeowners who fell behind because the rates went up on their adjustable-rate … [Read more...]