Numbers losing homes up 45%
The number of people in the region losing their homes has grown by an average of 45% over the last year.
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Beazer Receives Federal Subpoena on Mortgage Services (Update1) (Bloomberg.com) March 29 (Bloomberg) -- Beazer Homes USA Inc., the ninth largest U.S. homebuilder, received a grand jury subpoena from the U.S. Attorney's office in the Western District of North Carolina
Jimmy Carter sees subprime mortgage stress (Reuters via Yahoo! News) Former U.S. President Jimmy Carter and Habitat for Humanity officials said on Saturday they expect stress in the subprime mortgage market to boost demand for housing for low-income families.read
Flat Tax Church A flat-rate income tax is among options that will be considered by the newly formed Tax Reform Task Force.via
Sunroom Contractor Indicted A former North Andover man who operated a now-defunct sunroom installation company has been indicted on charges he violated the home improvement contractor statute in his dealings with 32 homeowners
Fed: be wary of low mortgage deals (CNN Money) CLEVELAND (Reuters) - An explosion in mortgage products that lowers payments in the early years of a loan have helped to extend U.S. home ownership, but carries risks, Federal Reserve
Do-It-Yourselfers Give Prefab Bungalows a Custom Touch When Joseph Russek needed concrete poured for his driveway, in typical Viers Mill Village fashion he turned to a neighbor. read more...