Subprime Mortgages Will Return, But With Some Changes

BOSTON (MarketWatch) — Although “subprime” has become a four-letter word in the country’s collective lexicon and no one is sure when the credit crisis that was spawned by a meltdown in the risky lending sector will ease, mortgage bankers say you can count on this: Subprime shall return.
The next generation of subprime mortgages, however, will [...]

The quickest path to finding true foreclosure bargains

Following the facts on discounts can help you find the real deals NEW YORK (MarketWatch) —
You’ve heard a lot (probably too much!) about real estate market problems and especially the rapid rise in foreclosures. But as a real estate investor you’re picking up big-time “bargain” signals on your antennae.
The headlines are ominous: some [...]