California Home Loan 360

The Mortgage Bankers Assn. says the measure would raise interest rates, but critics contend this claim is based on faulty data. Sherrie Floyd says she was able to handle the first reset on the $505,000 mortgage she had taken out to refinance her Vallejo, Calif., home. And the second.

Despite the sub-prime crisis, foreclosures are not an issue yet for the vast majority of U.S. homeowners. WASHINGTON -- Just how bad is the foreclosure situation? If you caught summaries of the latest delinquency and foreclosure numbers released by the Mortgage Bankers Assn. of America, you could only conclude: Yikes, it is getting scary out there.

More S.C. homeowners fell behind in their mortgage payments this spring, while the rate of foreclosures declined slightly compared the first months of the year, a banking group reported today. In the spring, South Carolina remained above the United States in its rates of foreclosures and mortgages behind three months in payments, according a quarterly survey by the American Mortgage Bankers ...

As lending has rapidly gotten more restrictive for borrowers taking out large loans, sales of expensive homes have fallen sharply around the country during what should be one of the busiest seasons for buyers and sellers, mortgage bankers and real estate agents say.

The subprime mortgage crisis is spreading to a somewhat unexpected place: homes costing more than $500,000. As lending has rapidly gotten more restrictive for borrowers taking out large loans, sales of expensive homes have fallen sharply around the country during what should be one of the busiest seasons for buyers and sellers, mortgage bankers and real estate agents say. To some degree the ...

The subprime mortgage crisis is spreading to a somewhat unexpected place: homes costing more than $500,000. As lending has rapidly gotten more restrictive for borrowers taking out large loans, sales of expensive homes have fallen sharply around the country during what should be one of the busiest seasons for buyers and sellers, mortgage bankers and real estate agents say.