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Major banks accused of 'mortgage profiteering' (The Scotsman)  HOMEOWNERS who pay off their mortgage or switch to a different lender face fees which have trebled in five years, despite a clampdown by regulators. Research shows some building societies


Consumers alerted to shady dealings  The Federal Citizen Information Center warns people to look out for predatory lenders, appraisers, mortgage brokers and home improvement contractors who: Sell properties for much more than


Mortgage-Free Goal Slipping Away (Scoop.co.nz)  Sobering findings from research in Australia by Citbank into the status of mortgage holders could have implications for New Zealand?s older citizens.read more...


MGIC earnings up, benefiting from joint ventures, improved credit losses  MGIC Investment Corp. on Oct. 12 reported third-quarter net income of $142.4 million, or $1.55 per share, compared to $134.1 million, or $1.36 per share, in the year-ago period.read more...


Brave Hearts Get Their Land Back  On July 1, Basil and Charlotte Brave Heart successfully pulled the family's 720 acres out of the Bureau of Indian Affairs land-leasing program.read more...


Homeowner says mold make her home uninhabitable  BRUNSWICK - Number 6 Magill Ave., the first house on a short dead-end residential street that is quite easy for a passing motorist to miss, is clearly unoccupied.via

August 4th, 2006

FHA reform would help low-budget homebuyers

Moderate-income homebuyers got a big boost from Congress at the end of July, when the House voted 415-7 to approve a bill revitalizing the federal government’s biggest mortgage program – the Federal Housing …

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