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Meltdown Not Over, New US Mortgage Crisis Looms Boston Herald

WASHINGTON The full scope of the U.S. housing meltdown isnt clear and already there are ominous signs of a new crisis one that could turn out the lights on malls,

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Tumbleweeds Are Set To Blow Through US Malls Business Day

THE full scope of the United States housing meltdown is not clear already there are ominous signs of a new crisis, one that could turn out the lights in shopping malls, hotels and shops across the country. Even as the holiday shopping season gets into in full swing, the same events poisoning the housing market are at work on commercial properties, and the bad news is trickling in.

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Grand Strand Banker Hatches Foreclosure Plan The Post And Courier

Capitol Hill and Wall Street are where most of the discussions are taking place over how to spend the 700 billion bank bailout money and how to develop a system to save homes from foreclosure.

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FHABacked Loans: The New Subprime BusinessWeek Online Via Yahoo News

As if they havent done enough damage. Thousands of subprime mortgage lenders and brokers many of them the very sorts of firms that helped create the current financial crisis are going strong. Their new strategy: taking advantage of a long standing federal program designed to encourage homeownership by insuring mortgages for buyers of modest means.

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Now Available Again: Stated Income Verified Assets SIVA Real Estate Financing PRWeb Via Yahoo News

Katz Mortgage Team, has announced they are once again able to offer Stated Income loans requiring no income verification from borrowers.

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