Tag Archives: Financial Meltdown

Feds crack down on foreclosure auction scams

SAN FRANCISCO — At the height of the financial crisis, bargain hunters would gather each week on county courthouse steps to bid on foreclosed properties throughout Northern and Central California. The inventory lists were long, especially in hard-hit areas such … Continue reading

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CitiMortgage CEO on Tight Credit: ‘There’s Nothing Wrong with People Making Profits’

Mortgage rates are at record lows, but they could be even lower. Several reports recently have documented why the spreads between mortgage bonds and mortgage rates have widened so much, but few have agreed as to why mortgage rates have … Continue reading

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