Free Republic

A new rule from the Biden administration will have good-credit home buyers paying more monthly to subsidize costs for high-risk buyers. The changes, which will begin in May, have many experts worried about the impacts both on buyers and the economy.

I am in the middle of refinancing my home. I expect an answer this week. The problem is, the mortgage company seems nervous about my income. I live off trading stocks and options in a self directed IRA. I have little or no income otherwise. I am borrowing about 3/4 of what the house appraised, so the payment will be within $20 of what I'm paying now. I have an 800 credit score. They have contacted me twice about proving my income. They have asked for my 1099's and my 1040's to prove my income. I explained to the person...

Illegal aliens can apply for mortgage relief under the Obama administration's $275 billion plan, according to immigration experts and a group the government will use to help homeowners modify....

The president's tax reform panel's report is due at the end of this month, but don't hold your breath if you were looking for the reform that is really needed. Preliminary signs are the panel will recommend relatively modest (but several desirable) changes to the federal tax system. For decades the present income tax system, with its tens of thousands of rules and regulations, has been widely recognized as so complex no one human, no matter how talented, can understand it.

Richfield Man Faces Identity Theft Charges A Richfield man is facing charges for stealing customers' identities while working at a bank mortgage processing office. Wells Fargo hired thirty-two-year-old Calvin Robinson through a temporary agency it says it believed was running run background checks on employees. Police say Robinson started stealing credit almost immediately after he was hired. Police say he confessed to some of the alleged crimes, but Robinson told KARE 11 he did nothing wrong. The agency said it runs background checks only when clients request the service. Wells Fargo, which fired Robinson after three days, had given him...