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Mortgage Holder Speaks on Mayor's Indictment (WLBT 3)  WLBT spoke with Minnie Rhodes, the woman who holds the mortgage on the house at Ridgeway Street at the center of the controversy leading up to the indictment of Mayor


Personal finance: Let's take pain out of subprime loans for homes Personal finance Jeff Brown   We've all been reading stories about the subprime mortgage meltdown for months, but last week's release of a comprehensive study by The Reinvestment Fund, a nonprofit that works to


Homes Unaffordable for U.S. Workers  U.S. home prices may have dipped over the past year, but many American workers would still struggle to afford a median-priced home in major cities, a new study said on


Flood claims swamp FEMA  Property owners in high-risk flood zones who have federally backed mortgages are required by lenders to have flood insurance.read more...


Mortgage rates cut by Abbey (Channel 4)  One of the UK's biggest lenders has announced it is cutting some of its mortgage rates. Abbey said the move, which comes into effect on Friday, is being made in


Huntington to report 4Q loss over subprime loans   Regional bank holding company Huntington Bancshares Inc. said Thursday it expects to report a fourth quarter loss of $239 million stemming mostly from its connection with a company that

December 2nd, 2005

Real Estate Adviser: Day-late closing, few dollars short

Real Estate Adviser by Steve McLinden * Bankrate.com Dear Real Estate Adviser, If closing is late on the sale of my property and I am not at fault and no extension was asked for by anyone, why do I have to pay …

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