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NEW YORK (Reuters) - It was a tale of doom foretold in a pie chart. On January 27, Dewey & LeBoeuf's partners were summoned to a meeting on the 22nd floor of the law firm's New York City headquarters to discuss the firm's finances. While most of them knew Dewey LeBoeuf faced challenging times, few were prepared for what they were soon to hear from their chairman, Steven Davis. ...
CHICAGO, IL-- - In 2011 alone, about $3 billion in losses were recorded. For homeowners, the housing market is only getting tougher and for the thousands of homeowners who are already underwater, scammers ...
VIDEO: Watch Rebecca Hall's Report BUENA PARK, Calif. (KTLA) -- A advertising new plan hatched by a marketing company has residents in an Orange county neighborhood seeing green and orange.

The Myth of Expert Advice - Part 4

Posted by mortgage 19 days ago (Editorial)
"Experts" (people who make it their job to understand and forecast markets or events) are usually no better at their jobs than dart-throwing monkeys. In this series of articles, we examine why ...

The reporter who saw it coming

Posted by mortgage 19 days ago (Editorial)
Mike Hudson began reporting on the subprime mortgage business in the early 1990s when it was still a marginal, if ethically challenged, business.
DALLAS, April 30, 2012 /PRNewswire/ -- American Home Mortgage Servicing, Inc. (AHMSI) announced today its partnership with Compliance Connections, a division of Safeguard Properties, to proactively manage ...
Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank, and the 14th largest originator in the country announces its involvement in the government?s recent enhancements to the Home Affordability Refinance Program .

The High Costs of a Low-Rate Mortgage

Posted by mortgage 25 days ago (Editorial)
Mortgage rates are low . . . very low! In fact, 30-year fixed mortgage rates have been below or near 4 percent for several months. Often, it makes great financial sense to refinance your home at the lower ...

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