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Subprime lenders want their money (Reg Req'd)  A large percentage of homeowners affected by Hurricane Katrina can expect their mortgage lenders to keep pressuring them to make payments, even though the government and many mortgage banks promised


As home prices and interest rates rise, so does real estate fraud  Better Business Bureaus in the U.S. and Canada issued an alert to help combat the growing incidences of real estate fraud.read more...


Schumer Proposes Lifting Mortgage Caps (AP via Yahoo! Finance)   Sen. Charles Schumer proposed Monday allowing two government-sponsored mortgage giants to take a bigger share of the home loan market to help stabilize the troubled mortgage industry.read more...


Mortgage Choice expects 10% EPS growth (AAP via Yahoo!7 News)  Home loan broker Mortgage Choice Ltd expects earnings per share (EPS) growth of up to 10 per cent in the current year.read more...


Know What's Up With Your ARM Before You Start to Sink in Debt  They're the new urbanites: age 26 to 34, often recently married. In the past they might have opted for a small house in the suburbs. But the trend nowadays is


Flashings  The Veterans Benefits Improvement Act of 2004 extends education, housing and other benefits, amending the Uniformed Services Employment and Reemployment Rights Act of 1994.via

November 30th, 2006

Mexico’s Banks To Swell Mortgage-Backed Security Pipeline (Nasdaq)

MEXICO CITY -(Dow Jones)- Mexico’s mortgage-backed securities market will soon get a lot bigger as commercial banks start looking to securitize a portion of their growing loan portfolios, according to industry executives and analysts.

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