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Mortgages

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Top Mortgages Articles see all

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  • Investing: How to invest in bond funds now

    Most observers expect the Federal Reserve to raise short-term rates, probably in the second half of the year. But the Fed may delay the decision because of the strong dollar, which is attracting foreign investors and propping up bond prices (which move in the opposite direction of yields). Plus, plunging oil prices should help keep inflation, the biggest enemy of bond investors, at bay. Take these factors together, and you do not have a recipe for rising rates, says Jeffrey Gundlach, CEO and chief investment officer of DoubleLine Capital, which specializes in bonds.
  • Morgan Stanley expects lawsuit from NY Attorney General

    Morgan Stanley, which agreed to a $2.6 billion settlement with the federal government last week, says it expects to be sued by New York Attorney General Eric Schneiderman over subprime mortgage bonds. The investment bank says it was told about the...

    As more seniors rely on reverse mortgages, troubles beckon for heirs

    A new government report shows many seniors are taking out reverse mortgages on their homes without fully understanding the ramifications, leading to foreclosures among borrowers and a tangle of problems for heirs after the borrower dies. "Consumer...

    Consultant sounds alarm on Florida's housing risk

    Jack McCabe sees trouble in paradise. He's seen it before. Years ago, McCabe became something of a media darling for his very early warnings that the torrid Florida real estate market was going to boil over and burn everybody, even consumers and...

    Crossing out names of executors could invalidate will

    Q: I have a will along with a power of attorney for health and assets. I listed in my will an executor and three other people as backup executors, just in case one doesn't want to do it. (Out of four people one might be willing to be the executor.) The...