Sunday, May 31, 2009

Change in rules regarding home-buyer tax credit likely to spur housing ... - San Jose Mercury News

In a policy change that could benefit thousands of people, the federal government announced Friday that its tax credit for first-time homebuyers can now be used to help pay closing costs on mortgages insured by the Federal Housing Administration. The ..., more 
and County foreclosures triple in April - HometownAnnapolis.com  The number of foreclosure filings in Anne Arundel County more than tripled last month compared to April 2008, a sign that local homeowners continue to be forced out of their homes at a rapid rate. Joshua McKerrow — The Capital This short-sale ..., more 
and On the lookout for so-called 'foreclosure rescue' companies - San Jose Mercury News  NEW YORK — The letter may look like a government form. The logo may seem official. The Web site address may sound like an agency that can help. But there's a good chance it may all be a scam. The ongoing mortgage foreclosure crisis has sparked a ..., more 

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