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Troubled mortgage lender seeks partnership  A beleaguered mortgage lending firm that works primarily with people with poor credit is negotiating possible partnerships that would infuse the company with cash, a company executive said Thursday.Commentread more...


Police seek owner in Craiglist rental dispute  "You can't rent a house to more than one person." As many as 30 families possibly lost thousands of dollars each after responding to an online ad on Craigslist


30-Year Rates Dip to 6.35 Percent   Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases. read more...


Political 'solutions' create more problems   It is remarkable how many political "solutions" today are dealing with problems created by previous political "solutions." Three examples that come to mind immediately are the housing market crisis,


Ex-real estate agent gets 41 months in mortgage scheme (The Clarion-Ledger)  GREENWOOD ? A former real estate salesman will serve more than three years in federal prison for his role in a mortgage swindle.read more...


Chuck Shiflett  If you're a proponent of tax reform as I am, you have to be encouraged by all the attention various reform proposals are receiving this summer.read more...

May 9th, 2006

Gateway Financial Holdings To Launch Gateway Financial Mortgage Inc. (PR Newswire via Yahoo! Finance)

Gateway Financial Holdings, Inc. , the holding company for Gateway Bank & Trust Co., has announced the formation of its new subsidiary, Gateway Financial Mortgage, Inc.

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