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Mortgage News for Saturday - March 19, 2005

More Mortgage News
• With credit, be sure you know the score
• Bad credit can cost you a job
• How to Bank On Your Home
• A Slowdown in the Homebuilding Sector?
• Woman's home-buying dream becomes a reality
• Modern American family: Strained and losing intimacy
Mortgage News
Woman's home-buying dream becomes a reality - 2005-03-19
Not so long ago, Diana Solis only dreamed of becoming a homeowner. For this single mother of three, homeownership seemed impossible, especially in Monterey County's high-priced real estate market.

Through the Section 8 Homeownership Voucher Program, county housing agencies assists first-time homeowners such as Solis use their rental assistance money from the Federal Housing Choice Voucher program as income to qualify for a mortgage.
Read the full story at Monterey County Herald
 
Modern American family: Strained and losing intimacy - 2005-03-19
Jake Zeiss bolts from his west LA bungalow before 8 a.m., red hair damp and shirttail hanging. After seven hours of back-to-back meetings, he volleys for an hour with his tennis pro.

The study's requirements were direct: Find households with two parents who work outside the home, pay a mortgage and have two or three school-aged children. The families also reflect LA's ethnic stew and diverse neighborhoods.
Read the full story at SanLuisObispo.com
 






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