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California mortgage default notices hit 15-year high in 4Q (San Francisco Chronicle) A new report about California home loans shows mortgage defaults rose to a 15-year high in the state during the fourth quarter of 2007. DataQuick Information Systems says in its
Don't mortgage future by buying Fannie Mae (Boston Herald) When Fannie Mae, the government-sponsored mortgage company, announced a larger-than-expected quarterly loss and another planned cut to its dividend last week, the stock immediately...read more...
House prices falling "They [borrowers] need to ask themselves 'can I repay this?' and lenders need to ask themselves, 'If it goes wrong can I get it back?'" High interest rates biting,
Rural Housing Service: Overview of Program Issues. The rural America of 2005 is far different from the rural America of the 1930s, when the federal government first began to provide housing assistance to rural residents.via
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Impac Mortgage Holdings, Inc. (Market Wire via Yahoo! Finance) Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common
LAWRENCEVILLE ? An Atlanta man pleaded guilty Monday to a mortgage fraud scheme targeting properties in Gwinnett and DeKalb counties. Charlie Smith was sentenced to three months in confinement followed by six years and nine months probation for one charge of residential mortgage fraud.
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This entry was posted
on Monday, September 25th, 2006 at 4:22 am and is filed under Mortgages.
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