Posted by Linda H on 9:59:00 AM
Posted by Linda H on 6:32:00 AM
WASHINGTON — Over the next six months, the Consumer Financial Protection Bureau, a newly formed regulator vilified by the right, intends to overhaul the home mortgage market as a first step toward improving its fairness and clarity.
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The goal is to remake the process of getting a mortgage, making it easier for borrowers to understand the kind of loan they are getting and its cost.
Posted by Linda H on 3:35:00 AM
MILFORD, Mass. -- A Massachusetts man who pledged to make the last mortgage payment on his home with pennies has fulfilled that promise.
After warning his bank, Thomas Daigle dropped off about 62,000 pennies weighing 800 pounds in two boxes for the final payment on the Milford home he and his wife, Sandra, bought in 1977.
He tells The Milford Daily News he just wanted to make his last payment on April 24 "memorable."