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Vestin Realty Mortgage I, Inc. Announces Investment in First Trust Deed Loans (Business Wire via Yahoo! Finance)   LAS VEGAS----July 10, 2006--Vestin Realty Mortgage I, Inc. announced today: The Company has made an investment of $3 million in a $10 million loan originated by the Company's manager,


Construction sets record in Joplin  Joplin is a different town from what it was a year ago. That difference is $124.5 million.read more...


Run your numbers (Reg Req'd)  Several Web sites have interactive calculators to help you reach a decision about whether to buy or rent your home.via


Seven 'defamed mortgage broker' (News Interactive)  THE Seven Network defamed a mortgage broker by alleging he ripped off up to $1.2 million from a dementia patient, a Sydney court was told today.read more...


Guilty pleas expected in Ohio property-flipping scheme  Guilty pleas expected in Ohio property-flipping scheme Activity allegedly involved 350 loans worth $22 million Four defendants in an alleged property-flipping scheme involving 350 Dayton, Ohio-area loans worth ...Commentread more...


Lenders issue dire mortgage drought warning (Times Online)  Mortgage lenders today issued their most dire warning on the market so far saying that the amount available to borrow will halve and rates will rise sharply without more help

August 31st, 2007

Bush Offers Measures to Help Ease Mortgage Crisis (Washington Post)

President Bush today unveiled a series of measures intended to help ease a wave of mortgage defaults, but he ruled out any federal bailout for lenders or for homeowners who bought properties they could not afford.

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