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Interest Rate Roundup  Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...


Home Kits That Test For Growing Mold  Fungus behind wallpaper and other places can cause allergic reactions and contribute to asthma and other respiratory ailments, but low-cost testing can work -- if the right product is used.


Hundreds of bank jobs going east  The Royal Bank is closing two Lower Mainland processing operation centres, and moving 365 jobs back east to Ontario.read more...


W.Va. announces settlement with mortgage service companies  Two national mortgage servicing companies accused of charging illegal fees have agreed to forgive nearly $11 million in debt and to give a total $773,000 in restitution, account credits and


30-Year Mortgages Drop to 6.14%    Mortgage rates around the country fell this week, with rates on 30-year mortgages dipping to the lowest level since January. read more...


Watkins, FedEx Mum on Buyout  read more...

March 21st, 2007

South Korean Government Says Mortgage Loan System Is Well-Managed (Nasdaq)

SEOUL -(Dow Jones)- South Korea’s mortgage system is well-managed, unlike the subprime mortgage in the U.S., and the delinquency ratio in non-banking financial institutions is relatively low, Vice Minister of Finance and Economy Kim Seok-Dong said Thursday.

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