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Second Mortgage - Updated News
Looser rules for federal help (New London Day)
President Bush predicted last August that a new plan introduced by the administration to assist borrowers trying to cope with adjustable-rate mortgages would help tens

Real Estate Live (Washington Post)
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty.

Elderly KC man victim of nearly three-year-long fraud, authorities say (The Kansas City Star)
A Kansas City man allegedly swindled an elderly man out thousands of dollars before a relative learned what was going on and notified authorities.

Mortgage lender accused of contempt in claims settlement (The Kansas City Star)
A mortgage lender that settled a lawsuit accusing it of charging illegal fees has been threatened with contempt after it rejected the vast majority of claims under the settlement.

Holliston family gets a surprise from Regis and Kelly (Holliston Tab)
For seven years, Janine Pandolfino hoisted her daughter's nearly 100-pound wheelchair into the family minivan and tried to settle little Gianna into a car seat she was fast outgrowing.

Economic Stimulus Package Generates Mixed Response from Industry (Multi-Housing News)
Washington D.C.-- Kieran P. Quinn, CMB, chairman of the Mortgage Bankers Association (MBA) praised the Bush administration?s new stimulus package, announced this week, that includes housing provisions designed to help borrowers and stabilize the housing and mortgage markets.

Peter G. Miller: Could two loans be a problem if the property you want to sell doesn't? (San Antonio Express-News/KENS 5)
Q: We have the option to a buy a smaller house on a larger piece of property. We also could afford an interest-only loan on our current property and a mortgage payment on the new property.

Sellers offer to subsidize buyers? financing (Lawrence Journal-World)
Tighter lending requirements and sluggish home sales have prompted many sellers to offer part of the financing needed to complete a transaction.


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