Foundry Reclassifies Auction-Rate SecuritiesSeeking Alpha, NY -7 hours ago“Auctions for some of these adjustable rate securities have recently failed,” says Foundry in its filing, “and there is no assurance that auctions on the ... Contrary to popular belief, getting a home mortgage is quite simple. All you need in order to make the right decision is to who where to look, what to look for, and what takes place when you apply for a home mortgage. Knowing what to expect, especially if you are a first-time homebuyer, may make it easier for you to get through the process.