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Countrywide's mortgage funding down 11% in November (bizjournals.com via Yahoo! Finance)   Countrywide Financial Corp. reported $38 billion in mortgage loan fundings in November, down 11 percent from a year ago, the company said Tuesday.read more...


Put a Lid on Rising Mortgage Payments (Harrisburg Daily Register)  (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?read more...


Virtual home helps plan renovations  "The purpose of it is to see the designs and products in situation before you buy them. So if you're doing any type of decorating, renovating or building, you'll be


Reserve's Bank Regions Report on Economy   Reports on economic conditions from the Federal Reserve's 12 regional bank districts.Commentread more...


State Plans Help For New Homebuyers  The state plans to make available $250,000 to assist first-time homebuyers in the greater New London area to help obtain mortgages as part of a nearly $2.4 million statewide homebuyers'


$450,000 Buys a Lot Of Sodas, Hot Dogs  read more...

March 12th, 2007

Treasury tracks subprime mortgage spike (AP via Yahoo! News)

The government is monitoring the distress in the subprime mortgage industry and believes the current situation is “manageable,” a high-level Treasury Department official said Monday.

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