Thornburg Mortgage Posts $3.31 Billion Loss (NYTimes.com via Yahoo! Finance) Before paying preferred dividends, Thornburg Mortgage lost $3.31 billion, or $20.64 a share, in contrast to a profit of $75 million, or 62 cents a share, a year earlier.read
Fast-track mortgage payments (The Myrtle Beach Sun News) I wondered: Could this be possible? The direct-mail solicitation claimed that we could shave years off the life of our 30-year mortgage and save thousands of
Castroville Homeowners Trying To Sell Homes They Can't Afford The Monterey County Housing Authority is meeting with homeowners who can longer afford their homes in Castroville.via
Size of New Homes Shrink As Builders Battle Housing Slump Home builders are putting up fewer extra-large houses and are offering smaller floor plans to lure buyers by keeping prices low.
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Banks halting days of easy credit An estimated 3.5 million people have been turned down for credit during the past year as banks tighten their lending policies, research has showed.read more...
Officer pleads guilty in mortgage fraud scheme (The Indianapolis Star) South Bend -- A veteran police officer has pleaded guilty to federal bank fraud charges for his role in an elaborate mortgage fraud scheme that bilked lenders out of hundreds
IF you’ve seen more than one suspense movie, you know that it’s just when a character is standing on the deck of his new boat, calm and confident and looking out into the sunset, that everything generally goes …
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