Credit cards quitting rate-bumping game Credit card issuers are pulling back from the controversial practice of raising customers' interest rates because of missteps with other creditors.read more...
Mortgage broker sentenced for fraud (The Indianapolis Star) The owner of an Indianapolis mortgage brokerage company was sentenced Thursday to 21 months in prison for a mortgage fraud scheme that also involved an Indianapolis Police Department officer.read more...
Pressure's on to raise mortgage guaranty caps (The Cincinnati Enquirer) Several years after multibillion-dollar accounting scandals tarnished reputations at Fannie Mae and Freddie Mac, the mortgage giants are regaining market dominance amid an ailing housing market.read more...
Auction-rate settlements lift mortgage and bond insurers (Market Watch) Shares of PMI Group Inc rose more than 50% Thursday lifting rivals in the private mortgage insurance business and insurers of municipal bonds and credit derivatives also rallied as the
Illegal contractors' names withheld "The names will not be released at this time because the investigation is on-going." The state Department of Consumer Protection will not release the identity of 150 home improvement
55+ housing has its ups and downs True, there's little noise and very few kids, but active-adult communities are full of ... well ... old people, says Bankrate's Real Estate Adviser Steve McLinden.read more...
“If it weren’t for a favorable economic backdrop, housing would probably have a hard landing”
Realtor group lowers real estate expectations for 2007 Latest forecast projects 19% drop in housing starts The National Association of Realtors has lowered its expectations for the housing market—the group’s … via Inman Real Estate News
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