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You save to secure the best mortgage rate, and then the lender shifts the goalposts (Independent)   Mortgage lenders could be set to raise rates by the back door, making changes to lending conditions that will force borrowers to pay more for a new home loan.


Mortgage Insurers Call Off Proposed Merger (New York Times)  MGIC Investment Corporation and the Radian Group, scrapped their merger plan on Wednesday, the latest casualty of the turmoil in mortgage markets.read more...


Mortgage rates continue to rise (Pacific Business News)  Freddie Mac says the average 30-year fixed-rate mortgage is now 6.67 percent, more than 1 percentage point higher than a year ago.read more...


State targets mortgage fraud  Catherine Reagor The Arizona Republic Jan. 23, 2007 12:00 AM A wave of mortgage fraud in the Valley has prompted state legislation that would define it as a crime punishable


Mortgage company opens in Onalaska (River Valley Business Report)  J.P. Mortgage Co. opened Friday on the first floor of the office building at 1131 Main St., part of Onalaska?s new Main Street Center. Jim Orlikowski is president and owner


Realty shows become hot properties on cable  "Everyone still wants a piece of the pie, but it is a different game now" Reality TV is getting a strong dose of realty TV. Even as home sales

July 5th, 2007

Easley approves mortgage oversight (The Charlotte Observer)

Gov. Mike Easley has signed into law two bills increasing state oversight of a mortgage industry whose recent excesses are resulting in record numbers of foreclosures. The laws, signed Wednesday and Thursday, require the creation of a public record listing the person who originates each mortgage loan, and define a new crime: mortgage fraud. The combination is widely seen as an important but …

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