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ROOM TO MOVE: The light and spacious lving area, which was doubled in size by removing two fires and an internal wall. via Manawatu Evening Standard
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Rate war fails to hurt BNZ profit Bank of New Zealand has reported a slightly higher $265 million profit and an increase in its interest rate margins - despite leading a mortgage rate price war late last
Protect Yourself Against Identity Theft when Buying and Selling a Home Real estate transactions consist of mountains of paperwork. Loan applications, purchase contracts, credit reports, disclosures, mortgages, W-9 forms and HUD/RESPA statements.read more...
Dumped Mortgage Files Invite Identity Theft (WallStreet Journal via Yahoo! Finance) As the housing downturn forces mortgage-related firms to close branches, loan files containing Social Security numbers and credit reports are turning up in places like Dumpsters that are easily
Mortgage Forms Sow Confusion With mortgage delinquencies and foreclosures soaring, federal researchers have identified a key contributing factor: Many borrowers simply do not understand their mortgages -- especially subprime loans that come with
Guilty plea in money laundering tied to mortgage fraud (The Kansas City Star) A Kansas City man has pleaded guilty to conspiracy to commit money laundering in connection with a $14 million mortgage fraud that had preyed on lower-income homebuyers.read more...
Buying stock of companies in bankruptcy is an unnecessary risk "Unsophisticated investors should stay away from stocks of companies that are in bankruptcy" Some investors see the troubles in the mortgage and real estate industries as an opportunity to
July 22nd, 2007
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