The naked truth about mortgages
TERESA HUNTER BUYING a new home can be daunting, particularly in today’s uncertain economic climate, when the housing market is slowing and some pundits are predicting hard times ahead.
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Warning as mortgage arrears rise (BBC News) The City watchdog says mortgage firms should treat customers fairly as the number of people facing arrears and repossessions rises.read more...
Metro professionals arraigned in mortgage fraud ring (Atlanta Business Chronicle) Several local real estate professionals, lawyers and mortgage brokers have been charged, and some arraigned, in a mortgage fraud scheme that spanned 1999 until late 2001.read more...
'Ample Supply' Of Homes Leads To Slowdown: CA The LA Times has this on the Califorian housing market. "Housing starts dropped sharply in November in most of the state's major metropolitan areas, led by steep declines in single-family
Stronger mortgage data props up pound vs dollar (Reuters via Yahoo! UK & Ireland News) Sterling steadied versus the dollar on Monday as news of growing mortgage approvals eased concerns about a potentially sharp slowdown in the housing market.read more...
Hardware giant backs out of Pahrump Valley So what's the lowdown on Lowe's? Rumor has it the home improvement giant pulled the plug on Pahrump at a corporate board of directors meeting last week.read more...
Consumer Spending Is Sluggish in June Consumer spending was weak for a fourth straight month in June as rising gasoline prices left Americans with little to spend on other items.read more...