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MAIL BAG: Co-signing on parents' mortgage a bad move (Richmond Times-Dispatch)  Q: My parents, in their 60s, plan to buy a house in Arizona. It will be their principal residence. They want me to co-sign on their mortgage so if anything


Rate Trend Index -- Mortgages  Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...


CenterState Has New Lake Wales Office  read more...


Morgan Stanley axing 1,500 jobs  "We are constantly evaluating business conditions to ensure we are right-sized for the environment" Morgan Stanley, the nation's second-biggest investment bank, has started cutting about 1,500 positions in the


Mortgage Rates Are on the Rise (WJLA-TV Washington D.C.)  NEW YORK (AP) - Americans may have seen the last of long-term mortgage rates below 6 percent, and borrowing costs for home buyers likely will climb further, slowing frenetic demand


Mortgage lenders to pass on cost of fees ruling (Times Online)  The cost of a mortgage is to rise by hundreds of pounds after a clampdown by the chief City watchdog on lenders' exit fees....read more...

March 23rd, 2007

Group Meets in Shadow of Foreclosures

On a Wednesday morning, 30 people white, black and Hispanic, a younger couple holding hands, a silver-haired man in a wheelchair pack a small classroom in the basement of the Adams County Housing Authority, ...
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