Bad Credit and Home Refinance (Richfield Reaper)
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?

Analysts doubt impact of raising caps (AP via Yahoo! News)
Efforts in Congress to let mortgage companies Fannie Mae and Freddie Mac refinance more at-risk loans could have a key flaw: many of those loans were made with such loose standards that borrowers are likely to default anyway, analysts said.

Bush outlines plans for mortgage woes (Orange County Register)
FHA Secure is one of president's proposals to help people keep their homes. WASHINGTON �President Bush outlined ways the federal government can help troubled borrowers keep their homes Friday in an effort to address rising foreclosures fueled by the mortgage crisis.

Analysts: Congress may have little effect (Inside Bay Area)
EFFORTS in Congress to let mortgage companies Fannie Mae and Freddie Mac refinance more at-risk loans could have a key flaw: many of those loans were made with such loose standards that borrowers are

Analysts doubt impact of raising caps (Lexington Herald-Leader)
Efforts in Congress to let mortgage companies Fannie Mae and Freddie Mac refinance more at-risk loans could have a key flaw: many of those loans were made with such loose standards that borrowers are likely to default anyway, analysts said. Top Democrats in the House and Senate on Wednesday urged the White House to do more to help borrowers struggling to repay loans resetting at higher rates. ...