The Wall Street Journal reports that federal bank regulators issued new guidelines for subprime mortgages on June 29. While some are concerned that these new guidelines could make it harder for many borrowers to …
Posted in Credit rating, Mortgages, Regulations June 30th, 2007 by Jack | Comments Off
The Wall Street Journal reports that the percentage of homes in foreclosure rose to 1.28%, up from .98% a year earlier. The situation is worst among sub prime mortgage loans, of course. …
Posted in Bankruptcy, Mortgages June 15th, 2007 by Jack | Comments Off
