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Five steps to prevent big mortgage trouble (Sun-Sentinel)  Protect credit and stave off foreclosure Having mortgage troubles? You're not alone. But if you feel you're at risk, don't despair. There are some steps you can


Will your remodel pay off? (Reg Req'd)  In metro Atlanta, turning a dowdy kitchen into a tap-dancing showstopper will pay off big when the home is sold more so here than in other areas of the country.read


Mortgage rates rise for sixth week without pause (CBS Market Watch)  CHICAGO (MarketWatch) -- The benchmark 30-year fixed mortgage rate rose for a sixth week, hitting 5.89%, Freddie Mac's latest survey shows.read more...


Rent Cost On Rise, L.A. Average Is Now $1416  The cost of renting an apartment in the Southland continues to rise, pushed upward by steady gains in the Southern California economy.read more...


Study Of Brothers Hints At Biological Link To Homosexuality  A Canadian study found that having several older brothers increases the likelihood of a man being gay.read more...


Most Flood Victims Lack Insurance  As thousands of Massachusetts residents returned to flood-ravaged homes, many began to grapple with another big problem: nearly all of them lack flood insurance.read more...

May 23rd, 2006

Fannie Mae mortgage company chided, fined $400M (The Clarion-Ledger)

WASHINGTON ? Federal regulators issued a blistering report about mortgage giant Fannie Mae on Tuesday, alleging accounting manipulation aimed at lining executives’ pockets and lying to investors about smooth growth in profits and earnings.

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