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Jurors hear fraud acknowledged  A manager from a national mortgage company told a federal jury in Jacksonville Tuesday that employees committed fraud to get loans approved -- but didn't have the company's blessing.via


Financial Planning for Retirement  This article is courtesy of Mature Living . Question: I have dividend-paying stocks I have been saving for my retirement.read more...


Construction Spending Climbs to New High  Construction spending climbed to a record high in August, helped by a renewed boom in housing.read more...


Lobbyists Back 5% Tax Cap on Properties  TALLAHASSEE | As House and Senate leaders continued their standoff over property taxes Thursday, most business lobbyists say they support a5 percent cap on property assessments for nonhomestead property, although


Mortgage rates increase again  Rates on 30-year mortgages hit the highest level since late October following release of more economic data showing a rebounding economy.Commentread more...


Bankers panel sees Fed ending rate hikes soon  WASHINGTON - The U.S. Federal Reserve is likely to wrap up its campaign to boost interest rates by midyear at the latest as economic risks shift from inflation to slower

May 1st, 2007

Subprime mortgage crisis caused by ?inappropriate lending,’ speaker tells conference (Lincoln Journal Star)

Contrary to popular belief, the subprime mortgage lending problem was not caused by a flood of exotic new loan products.

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