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Mortgage crisis still squeezing WaMu (Miami Herald) Washington Mutual says it will take another multibillion write-down for bad bets on mortgage securities but insists it has adequate capital to fund its operations amid concern about the thrift's
Governor's tax cap plan has grass-roots support "Right now there's a lot of paralysis out there as far as buying homes. (The governor's plan) would help clear it up" Gov. Mitch Daniels' property tax cap plan
Mortgage applications plunge as rates soar: MBA (Reuters via Yahoo! News) Mortgage applications plunged last week, largely reflecting a drop in demand for home refinancing loans as interest rates surged, an industry group said on Wednesday.read more...
Two area women sentenced for aiding illegals in mortgage fraud (The Kansas City Star) A Johnson County judge on Friday sentenced two Leawood women to probation for helping illegal immigrants use stolen Social Security numbers to commit $7.7 million in mortgage fraud.read more...
Saving The American Dream, Averting A Nightmare Legislation to stiffen oversight of mortgage giants Fannie Mae and Freddie Mac cleared its first major hurdle last week as the U.S. Congress House Financial Services Committee passed the measure
NORTH PALM BEACH, Fla. (AP) – Average mortgage rates for single-family homes in the 10 largest metropolitan areas as of July 12, as compiled by bankrate.com. The rates are for 30-year, fixed-rate mortgages for 80 percent of the value of the house. A point is a one-time fee equaling one percent of mortgage.—-NORTH PALM BEACH, Fla. (AP) – bankrate.com’s national average for a 5-year adjustable
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