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Home loan demand fell despite drop in rates  U.S. mortgage applications fell last week for the first time in three weeks, largely reflecting a steep drop in home purchase loans as lower interest rates failed to spur demand,


Confused by all the Mortgage Options? Here's Help (Derby Daily Reporter)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Clock is running down on 'cheap' mortgages  Clock is running down on 'cheap' mortgages Now comes the hard part for holders of certain loans By MICHAEL POLLICK michael.pollick@heraldtribune.com You know those cheap mortgages that everybody's been getting


Sales of Costly Goods Rise  read more...


Company to Auction Home Sites in Summersville  Former state Sen. Mark Burnette is trying to create a high-end real estate development.via


Klewin Officers Told To Appear  A state contractor faces legal action if it attempts to oppose legislative subpoenas ordering its officers to appear at a hearing Tuesday about the firm's relationship with former Gov.via

September 19th, 2006

Confessions of an Ex-Mortgage Lender (BusinessWeek Online via Yahoo! News)

The Durham (N.C.)-based nonprofit Center for Responsible Lending estimated in July, 2001, that predatory mortgage lending is currently costing Americans more than $9.1 billion each year.

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