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Mortgage woes taking a toll (The Record)  Home sales dropped in August for the sixth month in a row, reflecting the recent mortgage crunch, the National Association of Realtors reported Tuesday. And the NAR said it expects


Piggyback credit card schemes aggravate mortgage problems   So-called piggyback credit-score inflation schemes for mortgage applicants haven't been reined in, despite industry pledges to do so at the end of summer. via Detroit Free Press read more...


Mid-South contractors say the project of a lifetime may be what forces them out of business  Mid-South contractors say they haven't been paid for work done at the FedExForum, and they may face bankruptcy.via


Greenwich Family Values  From the AP : A Greenwich mortgage broker who admitted she helped her college-age son recruit investors in a multimillion-dollar hedge fund scam pleaded for a reduced sentence Thursday, downplaying


King's Dream Deferred, One More Victim of the Subprime Mortgage Crisis (Washington Post)  As we spend this month celebrating the achievements of African Americans, I'm saddened by a report that concludes that the subprime mortgage crisis has caused the largest loss of wealth


Bush: U.S. will pay most rebuilding costs for New Orleans, Gulf Coast  President Bush promised Thursday night the government will pay most of the costs of rebuilding the hurricane-ravaged Gulf Coast in one of the largest reconstruction projects the world has ever

August 15th, 2006

Why Mortgage Life Insurance is Not a Good Idea (Kewanee Star Courier)

(ARA) – If you’ve recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds of services.

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