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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Torricelli lurking in shadows surrounding Corzine Gov. Jon S. Corzine ran for governor as an outsider willing to clean up the mess caused by career politicians, but one career trough-swiller, disgraced former Sen.Commentread more...
Senate passes bill to ban predatory mortgage loans (Minneapolis-St. Paul Star Tribune) The state Senate voted unanimously and without discussion Friday to adopt a bill that would prohibit predatory lending practices in the mortgage industry. The bill forces brokers and lenders to
Relief in the mortgage market as lenders finally start lowering rates (Daily Mail) Mortgage lenders have finally started to cut their rates - bringing welcome relief for homeowners.read more...
Citigroup restructures, integrates mortgage businesses (USA Today) Citigroup (C) is planning to integrate its various mortgage businesses from originations to securitizations according to a Tuesday memo to Citi employees.read more...
How to save money on natural gas (Reg Req'd) WORDS IN THE NEWS Teaser rate A low initial interest rate on an adjusta ble-rate mortgage to entice borrowers.read more...
Glossy guides get bookish For the design-conscious traveler, Wallpaper magazine -- the hip architecture and interior-design glossy -- plans to roll out a series of illustrated pocket guides this fall.read more...