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Mortgage write-downs not over, some say (UPI) WASHINGTON, July 8 (UPI) -- Two critical players in U.S. mortgage financing have stumbled badly since the first of the year, a signal that huge write-downs aren't over, analysts said.read
Examiner faults New Century's accounting "The increasingly risky nature of New Century's loan originations created a ticking time bomb that detonated in 2007." Bankrupt mortgage lender New Century Financial Corp. used improper accounting practices
PVC pipe prices soar How many? Andrew Paglio of Gorman Co. in Melbourne checks the company's inventory of PVC pipe stored behind the main building on Apollo Blvd in Melbourne.read more...
What Caused Home the Mortgage Market to Go Out of Control? (GoldSeek.com) The mortgage market used to be a segregated, regional, illiquid and low margin but simple business.read more...
Confused by all the Mortgage Options? Here's Help (Benton Evening News) (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,
Ahead of the Bell: NY Mortgage Probe (AP via Yahoo! Finance) New York State Attorney General Andrew Cuomo is scheduled to unveil what his office called "a major development in his ongoing investigation of the mortgage industry" at 11 a.m.