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Lets congratulate the Bush administration, the Federal Reserve and the democrat controlled Congress. It looks like they have come up with a breakthrough approach to problem solving that may finally end the world's problems once and for all. The breakthrough came with the idea to freeze ARM rates so that...
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Plenty of people, including Matthew Graham, MortgageNewsDaily's op-ed columnist, are talking about the practical realities of freezing a mortgage rate adjustment under the plan President Bush announced last week. After reflecting I would like to raise some objections of my own and/or reflect comments...
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Several hours before President Bush announced the details of his administrations plans to assist homeowners who are facing foreclosure the Mortgage Bankers Association released its delinquency survey for the third quarter. The survey showed that the number of loans in the foreclosure process and the...