FHA Launching Hurricane Mortgage Help
The Federal Housing Administration is launching a program to pay the mortgages of up to 20,000 victims of hurricanes Katrina, Rita and Wilma for as much as a year.
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Best Value Mortgage Lender Is Named Internet bank Egg has been revealed as the UK's best-value mortgage lender. The top spot in mortgage value had previously been held by HSBC for the past two years.via
Investors aim to save firm behind Opry Mills Two major shareholders of The Mills Corp. offered dueling plans Tuesday to pump hundreds of millions of dollars into the troubled megamall developer to help it pay off heavy debt.Commentread
Barclays Lobbied on Mortgage Reform (AP via Yahoo! Finance) Barclays PLC spent $1.11 million in 2007 to lobby the federal government on a broad range of legislation related to the mortgage and financial services industries.read more...
Building fraudsters rip off Durban homeowners Fraudsters are cashing in on the rush by home owners to renovate. Aggrieved home owners have flooded consumer organisation switchboards to complain of shoddy workmanship or builders who disappear with
House seeks to unite lenders, consumers on mortgage bill (The Columbus Dispatch) Consumer advocates have called the predatory-lending bill vital to protecting borrowers from deceptive brokers and lenders, while the industry has said it would spark a mortgage-lending meltdown in Ohio.read more...
An Economy of Extremes Lately the “just right” economy has taken a particularly tricky turn: it is both too hot and too cold. read more...