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American International Group Inc. (AIG) , the insurer that needed a $182.3 billion bailout from the U.S. government in 2008 after failed mortgage investments, is betting this time it?s different.
All-time lows in mortgage rates may make refinancing seem like a no-brainer, but that would be a mistaken assumption for any home owner.
NEW YORK/CHARLOTTE, North Carolina (Reuters) - In the fall of 2009, the board of GMAC, one of the largest U.S. auto and home-loan companies, gathered in New York to discuss whether to put its troubled mortgage unit into bankruptcy. GMAC, now called Ally Financial, was just about to receive the last of $17 billion (10 billion pounds) in taxpayer bailouts. The board, including directors named by ..

Time running out for Ally Financial

Posted by mortgage 16 days ago (Editorial)
Interviews with people directly involved in Ally?s restructuring reveal how missed opportunities, competing interests, lax oversight from the government and bad luck have stymied Ally

It's right time to buy a house

Posted by mortgage 27 days ago (Editorial)
Housing hasn't been this affordable in decades, and mortgage rates are near historic lows. Here are the steps you need to take.

Mortgage rates rise for 1st time in 4 weeks

Posted by mortgage 33 days ago (Editorial)
Mortgage rates in the United States rose for the first time in four weeks, increasing borrowing costs as demand for housing is slow to recover. The average rate for a 30-year mortgage climbed to 3.9 percent in the week...
Mortgage rates in the U.S. increased for the first time in four weeks as 15-year borrowing costs rose from a record low.
American Home Mortgage Servicing, Inc. (AHMSI) has announced that it will be participating in Habitat for Humanity's "A Brush with Kindness" program.DALLAS, TX (PRWEB) April 11, 2012 American Home Mortgage Servicing, Inc. (AHMSI) has announced that it will be participating in Habitat for Humanity's "A Brush with Kindness" program. Associates of AHMSI will be given the

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