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U.S. mayors warn worst of mortgage crisis ahead (Reuters via Yahoo! News)   An escalating mortgage crisis will push another 1.4 million U.S. homes into foreclosure and drive nationwide property values lower by 7 percent next year, according to a report released


Borrowers Seeking Help May Feel Lost at Sea    The rolling tsunami of home-loan delinquencies and foreclosures is exposing serious problems in the mortgage industry's capacity to quickly handle borrowers' requests for help -- whether loan modifications, rate


Nice rooms can be made with a shade  Nice rooms can be made with a shade By KNIGHT RIDDER NEWSS By now, if you have more than a passing interest in home-makeover shows and decor magazines, you know


Mortgage  Sponsored Results for Mortgage Capital One for Mortgage Lower your payments an average $400 a month.read more...


6 ways to steer clear of car-sale scams  Buyers and sellers need to exercise extra caution with private-party transactions.via


Let the building begin  At the stroke of seven Monday morning, the first nail was hammered into what will become Marco and Angela Oviedo's family home.read more...

December 2nd, 2005

The heat is on mortgage referral schemes (Newsday)

It’s one of American real estate’s seamier practices, and it’s almost impossible for consumers to detect – kickbacks and sweetheart payoffs among realty agents, title and escrow companies, lawyers and lenders for referrals of home-buyers’ mortgage or closing services.

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