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Banks 'exposed' over lax loans  THE nation's banking regulator has warned home lenders that their cutting corners on property valuations could expose them to unacceptable levels of bad debt in a major downturn.via


Lowe's open doors in Epping  Lowe's Store Manager Allen Lerch stands by the bathroom display in the new store in Epping.read more...


Mortgage company to hire 250 in Lancaster Co. (WIS-TV Columbia)  (Columbia, S.c.-AP) May 23, 2006 - The state Commerce Department says Tuesday that a new mortgage company plans to put its headquarters in Lancaster County and employ 250 people.read more...


End of a 51-year, colorful career (Reg Req'd)  The Larsons of South St. Paul want to dispel a common misconception about why they are quitting their business.read more...


Mortgage applications lower as rates edge higher (MENAFN)  Mortgage applications lower as rates edge higherread more...


Boom Cool-down? More Homes for Sale  Inventories have risen sharply in some of the hottest markets.read more...

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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