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Latest News:
How to escape the debt hole - Dallas Morning News

How to escape the debt hole
Dallas Morning News, TX - 23 hours ago
So make extra payments each month to pay the loan off sooner. If you don't have anything, such as home equity, to secure the loan, you may not get as low an .
Consumer Reports: Strategies to pay off debt KATU
all 10 news articles
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Plan B for retirees who counted on home equity
The safety net is almost gone, the nest egg is cracking. Many Americans recently have found themselves changing retirement plans after losing a substantial amount of home equity as the housing market and the ...


An Overview of the Predatory Mortgage Lending Process
This article is a primer about predatory lending and the way it functions as a subset of the subprime mortgage market...


Housing Bubble Book Exposes Cultural Pathology: Appreciation Is Income, Credit Is Saving, Debt is We
In the new book, The Great Housing Bubble, Lawrence Roberts exposes the deep cultural pathologies spawned by the housing bubble: appreciation is income, credit is saving, and debt is wealth...


Underestimated, overcharged
Dorothy Gary never lost her home, but the senior citizen's oversized 24 percent mortgage rate brought her awfully, awfully close...


GMAC raises $21.2B in debt-for-equity swap (Boston Herald)
NEW YORK - GMAC Financial Services LLC says it raised $21.2 billion in a debt-for-equity swap, but appears to remain shy of its capital-raising goal needed to qualify to become...


GMAC raises $21.2B in debt-for-equity swap (Detroit News)
NEW YORK -- GMAC Financial Services LLC says it raised $21.2 billion in a debt-for-equity swap, but appears to remain shy of its capital-raising goal needed to qualify to become a bank holding company...


Tough year ahead for commercial real estate
The balance of power between landlords and tenants will shift dramatically in 2009...


Help for struggling homeowners
Go just about anywhere in Northern Michigan and you will see myriad homes for sale; some by seller, but more and more of them are bank repossessions...


Plan B for retirees who counted on home equity - The Associated Press

Plan B for retirees who counted on home equity
The Associated Press - Jan 2, 2009
The loan and fees are due once all parties listed on the deed die, or the home is vacated for 12 straight months. The home is usually sold, and the proceeds .
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