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Spitzer appeals blocking of mortgage probe  New York Attorney General Eliot Spitzer has asked a federal appeals court to overturn an October ruling that blocked him from investigating whether big banks are discriminating against minorities seeking


Tax reform proposal eliminates deduction of property taxes and limits size of interest on mortgage deducted (Newsday.com)  WASHINGTON -- Owning a home would lose a lot of its tax advantages if a presidential tax reform panel proposal ever becomes law. Homeowners would no longer be allowed to


Want a Mortgage? Start by Settling Your Score (The Bradford Era)  (ARA) - Anyone who's been denied credit may feel the old adage "you can't fight city hall" should be replaced by a new axiom: "You can't fight the credit system."


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Payrolls in October Grow by 166,000   "This is now our 50th consecutive month of uninterrupted job growth, the longest in the nation's history" Employers added twice as many new jobs to their ranks than expected


Scammed family wants to return home  STAMFORD - Donors gave Renee and Eric Brown more than $17,000 to pay for construction that would make their home accessible for their wheelchair-bound son, Eric Jr.Commentread more...

August 9th, 2007

Countrywide Financial Plummets On ‘Unprecedented Disruptions’ In Secondary Mortgage Market (Seeking Alpha via Yahoo! Finance)

Number one U.S. mortgage provider Countrywide Financial Corp. said Thursday night that “unprecedented disruptions” in the secondary-mortgage market have forced it to retain a greater proportion of the mortgage loans it originates.

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