Your only fargo refinance news source! Click on each item to read full story.   Mortgage applications rise in latest week: MBA (Reuters via Yahoo! News) read story Mortgage applications rose for a second consecutive week, fueled by a jump in demand for home refinancing loans as interest rates dropped, an industry group said on Wednesday.   Buying risky mortgages (Orange County Register) read story Robert Lee of Huntington Beach makes a business of it, and these days there's a lot to choose from.   Montgomery, state partner to help residents fight foreclosure (The Washington Examiner) read story Montgomery County officials announced agreements with the state Tuesday to fund programs to help residents fight foreclosure while the number of foreclosure sales in Montgomery had increased 1,250 percent from the first quarter of 2007 to first-quarter 2008.   Foreclosures spike bill for lawn mowing (The Washington Examiner) read story Nearly 7,000 foreclosed homes will cost Prince William County $2 million more than expected for mowing lawns alone.   Regency’s ties to Wells Fargo snapped (The Des Moines Register) read story The longtime relationship between the nation’s fifth-largest bank and the state’s largest home builder ended this year with a Wells Fargo lawsuit against four Regency Homes executives.   Jumbo mortgage rates becoming affordable (San Francisco Chronicle) read story Those new jumbo-conforming mortgages, created by Congress to make homes in high-priced areas more affordable, are finally getting cheaper. Late last week, many lenders slashed their rates by about one-half of a percentage point on jumbo-conforming loans -...   Foreclosure furor remains high in area (Baltimore Examiner) read story Frustrated homeowners fighting foreclosure stood at the gates of the Federal Reserve Bank of Richmond's Baltimore office Thursday, seeking more help from the federal government to save their homes.   Seeking a workout? Be patient (Bankrate.com via Yahoo! Finance) read story If there's a lesson for homeowners trying to avoid foreclosure, it is this: Be patient, don't take mortgage servicers' actions personally, and be ready to send paperwork multiple times.   Ex-Club Owner Pleads Guilty in Mortgage Scams (Washington Post) read story The former owner of a string of Washington area nightclubs and restaurants pleaded guilty yesterday to federal mail fraud and false-testimony charges relating to a series of real estate scams that netted him more than $3.8 million.   FHA loans now a feasible option for Silicon Valley, experts say (San Jose Mercury News) read story With the passage of the economic stimulus package, real estate agents can now tell their clients there is a window of opportunity with Federal Home Administration loans, according to area loan specialists.