Monthly Archives: March 2008

Your IRS rebate check from the economic stimulus legislation won’t be arriving until sometime in May, but the stimulus plan’s new super-sized jumbo loans for buyers in high-cost housing markets have just begun hitting the marketplace. Depending on the location … Continue reading →

Regulators who forced Fremont General Corp. out of the sub-prime lending business last year have given the financial company until May 26 to find a buyer for its bank, Fremont Investment & Loan, or raise more capital, Fremont said Friday. … Continue reading →

After a foreclosure, former homeowners can expect bad credit and almost no options for buying another home without years of rebuilding their credit. What lender would take a chance on people with marginal credit and who have already lost a … Continue reading →

March 27 (Bloomberg) — Marjorie Killian is eager to buy a home in San Diego and is pre-approved for a mortgage. She won’t make an offer on a property until she can get a fixed rate of 5.5 percent, she … Continue reading →

Municipal governments and hospitals swept up in the credit crisis are pressing Congress to let them borrow money without having to make costly payments to troubled bond insurers.They back legislation to let thousands of banks nationwide that are members of … Continue reading →