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Massachusetts charges five in mortgage scam (Reuters via Yahoo! News)   Massachusetts authorities on Friday charged a mortgage broker and four employees of U.S. financial institutions, including Bank of America Corp, with creating a mortgage-fraud ring that relied on phony


Impac Mortgage Holdings, Inc. Reports Results for Third Quarter 2006 (FinanzNachrichten)  NEWPORT BEACH, Calif., Nov. 8 /PRNewswire-FirstCall/ -- Impac Mortgage Holdings, ( Nachrichten ) Inc. ("IMH" or the "Company"), a real estate investment trust ("REIT"), reports third quarter 2006 net loss


G'burg High teaches house-building skills  Randy Nichols said he doesn't like to sit behind a desk at school and do paperwork.read more...


Treasury Looks at Mortgage-Related Debt (Washington Post)  WASHINGTON -- The Treasury Department is tightening its process for approving the millions of dollars of mortgage-related debt issued by Fannie Mae and Freddie Mac, a change that could take


HSBC seen facing another hit from U.S. mortgages   Europe's biggest bank HSBC Holdings is this week expected to unveil a further big hit from its exposure to the U.S. mortgage crisis. via Reuters UK read more...


Got A Good Mortgage Rate? Lock It Up! (Investopedia)  Obtaining the lowest available interest rate on a mortgage should be every would-be homeowner's objective. Lower interest rates result in lower monthly payments, so you should spend a lot of

September 18th, 2006

Your Money Matters: Dealing with Rising Mortgage Interest Rates (Evening Times)

(ARA) – Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It’s an important question because for many Americans their home equity represents the cornerstone of their personal wealth.

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