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IMPORTANT: Bing News RSS feed has moved!Like many others, you've discovered that the recession has affected not only home sales, but also the price of rentals. And, for many renters, the cost of renting is greater than the cost of buying. And again, like many others, your credit ... Read moreBad credit mortgage alternativesA new study finds that people with bad credit scores are more impatient – more likely to choose immediate rewards rather than wait for a larger reward later. In it, two economists attempts to understand the origin of the housing mortgage default crisis. Read moreImpatience Linked with Poor Credit ScoreSome businesses are charging individuals with bad credit substantial fees to get added as an authorized ... 2007 to combat what it views as a little-know but possibly high-impact mortgage loan loophole. Fair Isaac plans to announce shortly that future ... Read more'Piggybacking' your way out of bad creditOwners of everything from strip malls to Manhattan skyscrapers may find it harder to refinance after Europe's fiscal crisis sent relative yields on commercial-mortgage securities to the highest level since February 2010, roiled credit markets ... Read moreBubble-Era Mortgage Wave Maturing Imperils CMBS: Credit MarketsIt's an impressive act of lobby ventriloquism: banks, estate agents and housebuilders all declaring that tighter rules for mortgage lenders are bad news for first-time ... Total levels of mortgage credit tripled, deposit barriers disappeared, buy-to ... Read moreThe FSA's mortgage proposals are good for first-time buyersFederal Defender Carlos Williams told jurors that his client was a victim of a business gone bad, not sinister motives ... allege that Gulledge kept the second mortgages secret from First Educators Credit Union in Birmingham, which loaned ... Read moreMortgage fraud trial opens with claims of undisclosed second mortgagesAs for Fannie Mae, the SEC says the company had “approximately $43 billion” in mortgage loans to people with bad credit, but it failed to disclose most of those to investors. Instead, the lawsuit says, Fannie May said it had $4.8 billion in ... Read moreSEC Sues Six Former Freddie, Fannie Executives Over 'Ill-Gotten Gains'“Let's say that something bad happens in Europe,” said Norris ... tumbled after the bank reached a settlement with MBIA Inc. over credit-default swaps on commercial-mortgage bonds. Vivendi SA increased the interest margin on a planned ... Read moreMortgage Bonds Rally as Fed Backstop Seen in QE3: Credit MarketsRead moreFor additional information, please see:
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