Mortgage giant Freddie Mac said Tuesday it will no longer buy those high-risk home mortgages that it deems to be the most vulnerable to foreclosure. The surprise move came amid a deteriorating market for subprime loans affected by slumping home prices and rising interest rates The government-sponsored company, which is the second-biggest financier of home loans in the United States, said it will
RealtyTrac , the leading online marketplace for foreclosure properties, today announced a new and exciting interactive 3-D mapping tool that integrates Microsoft Virtual Earth mapping technology into its nationwide database of more than 1.2 million properties, creating a “mashup” Web application that represents an exponential leap in convenience, and a much richer user experience for anyone
Mortgage giant Freddie Mac said Tuesday it will no longer buy high-risk home mortgages that it deems to be highly vulnerable to foreclosure. The surprise move came amid a deteriorating market for subprime loans affected by slumping home prices and rising interest rates.
Mortgage giant Freddie Mac said Tuesday that it will no longer buy high-risk home mortgages it deems to be the most vulnerable to foreclosure. The surprise move came amid a deteriorating market for subprime loans affected by slumping home prices and rising interest rates
The state’s looming foreclosure crisis escalated last month as the number of homeowners threatened with foreclosure more than doubled from a year earlier.
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