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Countrywide Mortgage Foreclosures Are Up – What This Means To You
Countrywide Mortgage foreclosures are up. As of February 2007, the company reports that foreclosures have doubled from this same time a year ago. They attribute the rise to more lenders tightening the requirements for their loans and the appreciation of homes becoming sluggish.
Subprime lenders, who loan people with challenged credit money to buy a home, [...]
The FHA Modernization Bill, What It Means To You
Are you currently thinking about a reverse mortgage? Have you been told that with your property value, you really might be better off going with a jumbo or proprietary reverse mortgage, but you really wanted to get the government insured Home Equity Conversion Mortgage. Have you looked at the proprietary products and thought that [...]
What Green Building Means
There’s a lot of talk in real estate about green building lately, but the phrase is still a little vague. Here’s a guide to understanding a few key terms, so you can investigate whether or not a potential home is truly eco-friendly.
Insulation and Building:
Many new buildings are being insulated with recycled materials, such as old [...]