GMAC finance chief to depart Financial Times Christopher Whalen, managing director of Institutional Risk Analytics, a research firm, said loan rescissions were likely to burn through reserves. ...
Shorting the housing recovery San Francisco Chronicle Short sales aren't an ideal solution for anyone - homeowners hate leaving a home while losing their equity, and banks hate taking a loss on their loans. ...
Maryland Loan Officer Charged With Mortgage Fraud HULIQ The defendants told the homeowners that equity withdrawn from the properties would be used to pay the mortgage and house expenses. Instead of keeping their ...
Life Plan: Make Your Home Pay Off Smartmoney.com There's no shortage of other ways to convert home equity to cash. Interest rates on home-equity loans and lines of credit are far lower than those on credit ...