Despite crackdown, unlicensed mortgage lenders persist (Everett Herald) Concerned about mortgage fraud and predatory lending practices, many states have toughened their laws by requiring loan officers or originators to undergo extensive background checks and show proof of professional
Fort Worth pays more for flood coverage (Reg Req'd) Special to the Star-Telegram More than 15 percent of Fort Worth -- some 48 square miles -- is in a flood plain, according to city officials.read more...
Inflated appraisal is expensive trap Homebuyers beware - real-estate prices are on the rise, but less-than-honest appraisers may be further inflating property values.via
New tools help decipher mortgage confusion (The Charlotte Observer) A few entrepreneurs are developing new tools to help home buyers tackle one of the most confusing projects they face: figuring out whether a mortgage is a fair deal.read more...
Scottish Gas to raise energy bills by 14% SCOTTISH Gas today dealt a blow to thousands of consumers as it unveiled plans to hike domestic energy prices.read more...
Exchange Rates Give Foreigners The Edge in U.S. Housing Market With the dollar at historic lows against the euro and other currencies, real-estate agents, appraisers and developers say overseas buyers are stepping up their purchases in the U.S.
The proposal by President Bush’s tax-reform panel to convert the mortgage-interest deduction to a 15% tax credit is not sitting well with the housing industry and its allies.
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