The Financial Times is reporting US banks scramble to refinance maturing debt.

The Bush Administration has approved modifications to the FHA Secure program that will help even more struggling homeowners while reducing the risk to tax payers.

Recently, the Bush administration announced that it will allow FHASecure to assist more homeowners who are having trouble keeping up with their high-cost subprime adjustable rate mortgages. Starting on July 14, 2008, HUD will ensure a fair and flexible premium pricing structure to help homeowners who have missed up to three months worth of mortgage payments in a year, and who can no longer afford their mortgages.

With interest rates low and home values up, is now the right time to refinance your Reverse Mortgage?

Mortgage applications nearly doubled last week after the Federal Reserve slashed interest rates by 0.75 percent last week.

Cash out refinance is a mortgage idea that house owners are applying these days. This loan can be better defined by relating it as the blend of home equity loan and a refinance loan.

Many homeowners are taking advantage of declining mortgage rates to refinance out of their adjustable rate mortgages. Even homeowners with a fixed rate mortgage are taking the opportunity to shorten their mortgage terms and lower their mortgage rates and payments as it has been years since mortgage rates have been this low.

This is just more proof that more foreclosures are on the way. Usually mortgages that are insured are "prime" mortgages, showing that the worse is yet to come.

Missouri mortgage lenders were living the life up to 2007. See what happened to some of Missouri's national mortgage lenders as the year progressed.

Has Montana avoided the sub-prime mortgage meltdown all together? We have the national stats on the foreclosure rate in Montana as well as the sub-prime mortgage activity in Montana.

Along with many states throughout the country, Colorado is setting new foreclosure records. Let's see what Colorado officials blame for this crisis and how they plan to keep it from happening in the future.