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Mortgage fraud rises alarmingly (The Record)  Mortgage lender First Financial Equities of Teaneck made three refinance loans totaling $613,800 in 1999 to a customer who put up three housing units in Spring Valley, N.Y., as collateral.read


Mortgage mess socks ex-Goldman Sachs stars (CNN Money)  Not long ago, Goldman Sachs alums Geoff Grant and Ron Beller looked like superstars. A prescient bet on the collapse of the subprime mortgage bond market generated last year a


Gold-fashioned way  Gilded pleasures don't have to be brassy to be classy. The latest offerings in gold tabletop accent pieces take a sophisticated turn, toning down the glitz by referencing the history


Mortgage lending picks up slightly (Guardian Unlimited)  The amount of money borrowed by people to buy property increased in June, suggesting continuing stability in the housing market, mortgage lenders said today.read more...


Cement Shortage, Other Factors Affecting Highway Projects...  Construction projects in Southeast Texas face the possibility of grinding to a slow pace if not a complete stop.via


Open house for Marin thieves  Vulnerable: Contractor Jim Flanagan puts away his tools at a home he is working on in Novato.read more...

October 11th, 2005

Mortgage subsidy for second homes is good place to start cutting (Delaware Online)

Among the targets of the President’s Advisory Panel on Tax Reform is what some economists call the “mother of all tax subsidies”: home mortgage interest deductions. Those deductions alone will save homeowners $61.5 billion in taxes this year.

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