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States seeking laws to tighten regulation of mortgage brokers (San Diego Daily Transcript via Yahoo! News)   Prior to 2006, only two states were without licensing laws for mortgage brokers. That soon may change, however, as Colorado and Alaska, citing concerns about mortgage fraud and predatory


Freddie Mac Brings CharterMac in on Affordable Housing Program  WASHINGTON, DC-Freddie Mac has made a move to help supplement the nation's stable of affordable housing by establishing a new partnership with multifamily financing firm CharterMac Mortgage Capital.via


Mortgage applications up last week: MBA (Reuters via Yahoo! News)   Applications for U.S. residential mortgages rose last week as higher interest rates failed to deter borrowers from refinancing their existing home loans, an industry trade group said on Wednesday.read


Superficial Turn-offs That Can Hamper Sale  read more...


Fall Art Fairs Offer Diverse Buys From Furniture to Paintings  The sharp rise in demand for contemporary art in recent years has not only sent auction prices soaring: It has also increased the buzz at art fairs. We review some


Foundations of US housing market start to look shaky  Ads for new condos seen on a wall of an older building in Chicago, Illinois. The US home boom is now showing clear signs of waning -- and analysts say

October 23rd, 2005

FOR SOME, DEDUCTING MORTGAGE INTEREST MAY BE OVER- VALUED: Homeowners’ tax break could end (The Charlotte Observer)

President Bush’s tax-overhaul commission is considering an idea to eliminate the vile alternative minimum tax by, among other things, trimming the break homeowners get on mortgage interest.

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