Appraisers Under Pressure To Inflate Values
With home prices softening and sales volume sagging in many local markets, real estate appraisers say that pressure on them to inflate values has reached pandemic proportions.
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Aegis Mortgage Corp. files for bankruptcy (Houston Chronicle) Aegis Mortgage Corp. filed for bankruptcy in Delaware on Monday, seeking protection from its creditors. read more...
GE Will Seek Buyer for Subprime Mortgage Unit After Defaults (Bloomberg.com) July 13 (Bloomberg) -- General Electric Co. plans to sell its three-year-old U.S. subprime mortgage unit following a surge in defaults by borrowers.read more...
Economist gives mortgage warning (Irish Examiner) One of the country's top economists is warning house buyers to think twice before rushing in to mortgage deals. Jim Power from Friends First says rising interest rates and increasing
Crude Stabilizes after Thursday's Selloff Traders' selling showed their relief that Hurricane Emily's projected westward path across the Caribbean is likely to track to the south of oil and natural-gas production facilities in the Gulf
Many reasons to unroll Here is some information from the Chicago-based Wallcoverings Association. With so many decorating options, why wallpaper? * Wallpaper is a great impersonator.read more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Hornell Evening Tribune) (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