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GM cuts $8.8 billion deal on commercial mortgage unit (Detroit Free Press)  General Motors Corp. announced a $8.8 billion deal on Thursday to that involves selling a majority interest in its commercial mortgage unit to Kohlberg Kravis Roberts & Co., a large


Pitfalls in new mortgages entrap naive borrowers  At 64, and looking toward his retirement next year, Willie Lee Howard agreed to refinance his duplex in Washington, thinking a fixed-rate loan would help stabilize his finances.Commentread more...


Pain of mortgage crisis expected to spread far (Atlanta Journal-Constitution)  The foreclosure tallies keep reaching all-time highs in every corner of metro Atlanta ? mostly due to the failure of subprime mortgages. Georgians with subprime mortgages are more likely than


Greece Remodeling Scam  Under a settlement that is pending court approval, Timothy and Emily Haines, former owners of Greece Remodeling, agreed to pay back customers $90,000 and are banned from working in the


Do-it-herselfers guide (Reg Req'd)  Females are taking household fix-ups into their own hands, and American Standard is now offering a DIY Guide just for the do-it-herselfers. The free guide, Refresh: For Women Only, was


Former Haitian paramilitary leader pleads not guilty to mortgage fraud charges  A former Haitian paramilitary leader, convicted of leading the massacre of hundreds in his home country, did not leave behind his life of crime when he moved to New York

September 2nd, 2005

HBRA golf classic funds five scholarships

HBRA-Seacoast held their annual Golf Classic at Portsmouth Country Club to raise money for their scholarship fund.

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