Types Of Bankruptcy

FBI: Mortgage Fraud a Growing Problem (AP via Yahoo! Finance)   The number of mortgage fraud cases investigated by the FBI almost doubled the past three years, reflecting a problem that is "pervasive and growing," the bureau said Wednesday in


Home prices on even keel  As metro Milwaukee's housing market skidded last year, average resale prices headed a little bit in every direction.Commentread more...


Smith, Top Bond Forecaster, Says Treasury Yields Signal a 2007 Recession  Jan. 2 -- The U.S. bond market's most accurate forecaster, who plies his trade 500 miles from Wall Street, says yields are sending ominous signs about the economy.read more...


Lighting has become a key component of interior design  Once upon a time, installing interior lighting meant someone stuck a ceiling fixture in the middle of a room and called it a day.Commentread more...


City Plans Study For CRA  read more...


Even Babies Have Special Sheets   Crib bedding, in fact, anything to do with a baby or baby's room, tends to elude many people, even in so far as people really do tend to lose

May 13th, 2005

New interest-only mortgage loans can be quite risky (5/14/2005) (Seattle Post-Intelligencer)

When my mailbox first started to fill with questions about interest-only mortgages a few years ago, I smiled; I knew a flash in the pan when I saw one. Interest-only mortgages were the standard mortgage in the 1920s, but they disappeared during the Great Depression, and for good reason. This sudden renewal of interest would not last—or so I thought.

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