Housing woes 'grinching' holidays - Chicago Daily Herald
Housing woes 'grinching' holidaysChicago Daily Herald, IL - Dec 22, 2007In addition to the common second mortgage, or home-equity loan, a popular method was to refinance with a larger mortgage reflecting a home's greater market …

Homeowners with forgiven mortgage debt get timely tax break - USA Today
Homeowners with forgiven mortgage debt get timely tax breakUSA Today - Dec 23, 2007In a typical piggyback, a borrower gets a first mortgage for 80% of the value of the home, a second mortgage for 10% and pays 10% upfront. …

Mortgage rates edge up for second week (AP via Yahoo! News)
Mortgage rates edged up for a second straight week and 30-year loans reached their highest level in a month.

Wall Street bosses asked to 'give back,' and other developments - Sarasota Herald-Tribune
Wall Street bosses asked to 'give back,' and other developmentsSarasota Herald-Tribune, FL - Dec 23, 2007Two days before closing, though, the lender suddenly withdrew the second mortgage. The distraught buyers turned to Weichert, which came through with a …