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mortgage rules prove too strict for some retirees

it’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 >>

emc mortgage sued by securitization trust in new york

the trust financed the purchase of residential mortgages by issuing certificates that were to be repaid with interest from revenue generated from the loans, according to the court document.

mortgage settlement could go in state's budget hole

california attorney general kamala harris is not happy about gov. jerry brown's plan to use $411 million in revenue coming to the state as part of the national mortgage settlement to help shrink the general fund deficit.... presented by: avoid the hassle of sheet labels.    say goodbye to sheet label hassles. the dymo® labelwriter® 450 turbo creates labels with customizable, individual ...

mortgage companies urged to introduce ach to their clients

mortgage companies must introduce the automated clearing house (ach) to their clients to make the collection of payments less cumbersome.

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