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CIT Group closes mortgage unit, takes charge (Reuters via Yahoo! News)   CIT Group Inc , the consumer and commercial finance company, on Tuesday said it has closed its mortgage lending operations, the latest to abandon the sector amid difficult market


Banking Mohtasib to be operational from May 2 Recorder Reportkarachi  The Banking Mohtasib of Pakistan, established for the first time, would become operational from May 2, 2005.via


S. Korean Mortgage Loan Growth Drops (Asia Pulse via Yahoo! Australia & NZ News)  The extension of mortgage loans by major South Korean banks grew at their slowest pace in five months in August, as the lenders cut back on the lending due to


County Will Consider Cutting Impact Fees  read more...


30-year mortgage rates jump to 5-month high (The State)  Rates on 30-year mortgages jumped this week to the highest level in five months, reflecting financial market anxieties about inflation. Mortgage giant Freddie Mac reported Thursday that the nationwide average


19 Alabamians join Army under program providing mortgage and business funding (Birmingham News)  Nineteen Alabamians have taken advantage of the latest Army recruiting incentive, which offers them home mortgage money or business startup funds. The Army Advantage Fund program began on a test

February 17th, 2007

Getting a Mortgage with Bad Credit (Southwest Daily News)

(ARA) – Having bad credit is not the end of the world and it’s not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the lower your credit score, the harder it will be for you to secure a mortgage.

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