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Confused by all the Mortgage Options? Here's Help (Harrisburg Daily Register)  (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,


US existing home sales fall 5.7pc in Dec  Sales of existing homes in the United States fell 5.7pc in December to a seasonally adjusted annual rate of 6.60m, the National Association of Realtors said today.read more...


Trio to Put Northern Rock Bids on Table    Entrepreneur Richard Branson's Virgin Group, private equity firm Olivant and an in-house team are all expected to lodge rescue bids for stricken mortgage lender Northern Rock PLC on Monday.The


Silver Spring, Sprung    Silver Spring, Md., defies many definitions, but its lack of a label doesn't detract from one fact: This neighborhood is convenient and growing. read more...


Home permits cut in half for Allen builders  Home construction faltered in Allen County last month with the number of permits issued falling nearly 52percent from September 2005, according to the Home Builders Association of Fort Wayne.Commentread more...


SocGen Posts Q4 Loss   "Without this event, the results of Societe Generale were not at all bad." Troubled French bank Societe Generale SA said Thursday that a trading scandal and writedowns linked to

August 29th, 2007

Schumer Urges Countrywide to Waive Prepayment Penalties to Help Homeowners

U.S. Senator Charles Schumer called on Countrywide Financial Corp. to waive prepayment penalties, refinance loans and eliminate ``above-market fees’’ to help homeowners struggling to make payments on subprime … via Bloomberg



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