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Mortgage News

Government Take Over of Fannie, Freddie Imminent

September 06, 2008 - Fannie, Freddie expected to be taken over by the government as early as this weekend to prevent pending failure of the two huge mortgage institutions.

Refinance out of a Risky Mortgage

September 07, 2008 - Home values have plummeted, while the interest rates on adjustable rate mortgages (ARMs) are rising. The bubble has obviously burst for the U.S. housing market, and it may be "refinance risky mortgage" time for you.

The week's features

A California bill seeks to establish protections for renters whose landlords aren't staying current with their...

The Housing Stimulus Bill gives the FHA and Ginnie Mae the challenge of leading the country out of a mortgage crisis.

As it becomes increasingly difficult to borrow for a refinance from traditional banks, more and more consumers are...