Beware of fraudulent contractors
Barbara Lifflander of Long Neck thought it couldn’t happen to her. Neither did Sheila Brown-Blei of the Pot-Nets Seaside community in Long Neck or Hilton Brown of Wilmington.
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Merrill takes nearly $8 bln mortgage hit, markets dip (Market Watch) NEW YORK (MarketWatch) -- Merrill Lynch , the nation's largest broker, reported a loss Wednesday for the third quarter and said its write-downs for bad mortgage loans and related securities
Q: Is this a good time to get a mortgage? (Louisville Courier-Journal) A: Mortgage financer Freddie Mac reported this week that 30-year rates averaged 6.27 percent with 0.8 point in the Southeast. Fifteen-year rates averaged 5.97 with 0.8 point.read more...
Housing market troubles still look 'pretty gruesome'; Sales forecasts down; builder struggles "We haven't seen the market bottom out and rebound yet, and when that happens will vary from market to market." The housing market blues showed no signs of lifting
Picking up the pieces after tragedy and turmoil Jeanne Cronin speaks in a calm whisper about her predicament. But her situation is desperate.read more...
Home repossessions to double this year for mortgage defaulters (Times Online) The number of people who are losing their homes because they cannot meet rising mortgage bills is set to double this year, experts said yesterday.read more...
Government To Bail Out Mortgage Giants (NPR) The U.S. government is poised to take control of Fannie Mae and Freddie Mac, according to a number of reports published on Saturday. The reports, quoting unidentified officials, say the