The financial corporation known as Countrywide has recently announced publicly that it will operate and closely work with a community action group. The group known as ACORN, the Association of Community Organizations for Reform now has been known to be against Countrywide for the corporations lack of effort to assist with people facing foreclosure. Now [...]
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Welcome to Mortgage-Lending-News.Com. The United States Mortgage Industry is at a crossroads. Hundreds of billions in loans and real estate valuations have been lost due to the sub-prime mortgage crisis. Even worse, billions more are at risk during the first half of 2008, as even more adjustable rate mortgages reset their rates. Hardly a day goes by that we don't hear of a foreclosure crisis in the news. Quite simply, there is too much news for us to keep up with, so we built this Mortgage site, initially as a means for us to internally follow what is going on in the mortgage industry. Now, we are sharing it with you.
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