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avoid forelcosure

Maryland Court Of Appeals is asked to decide a case that experts say could have a widespread impact on how some foreclosures in the state are handled.

by Moe Bedard

The Maryland Court Of Appeals is has been asked to decide on a case that experts say could have a widespread impact on how some foreclosures in that state are handled.

A Howard County man, Atta Poku, claims his house was stolen from him.
I couldn’t believe my eyes when I read this article and why this homeowner thought [...]

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Fitch: Underwriting & Fraud Significant Drivers of Subprime Defaults; New Originator Reviews

by Moe Bedard

Copyright:
Business Wire

Business Editors

NEW YORK–(BUSINESS WIRE)–November 28, 2007–Recent vintage residential mortgage-backed securities (RMBS), backed by pools of subprime mortgages continue to substantially under-perform initial expectations, which has resulted in significant ratings downgrades and heightened risk of losses to principal. Fitch’s analysis of subprime defaults suggests that lax underwriting and fraud may account for as much as [...]

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