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Real estate notebook  Rates on 30-year mortgages rose for the first time in five weeks as investors awaited word from next week's meeting of the Federal Reserve on the future direction of mortgage


Mortgage defaults hurt lenders (Orlando Sentinel)  Countrywide Financial, IndyMac and Friedman, Billings all posted weaker first-quarter earnings. Countrywide Financial Corp. and IndyMac Bancorp said profit fell, and Friedman, Billings, Ramsey Group Inc. reported


Another Mortgage Broker Charged By Feds (The Chattanoogan)  Another local mortgage broker has been nabbed by federal authorities for allegedly inflating the price of home sales to loan companies. Jay Ann Snyder was arraigned Monday before Magistrate Susan


Beazer board investigating, too   The audit committee of the Beazer Homes USA board of directors has launched a review of the company's mortgage origination business, the company disclosed Thursday in a securities filing.Federal


How buyers get in the door (Reg Req'd)  Many in state get riskier loans, tie up more income, housing study says. By Andrew LePage -- Bee Staff Writer Published 2:15 am PDT Thursday, August 18, 2005 A new


Credit crisis jeopardizes Canadian economy, says Bank of Canada  "The probability of this scenario is low" - A Bank of Canada report says an unexpected shock in the already jittery global financial markets would have a profound effect

September 6th, 2007

Va. Joins Md. in Halting Mortgage Firm’s Program (Washington Post)

The state of Virginia has joined Maryland in blocking Metro Dream Homes from offering homeowners mortgage-free living through a complex investment program, citing concerns about potential consumer “harm and economic loss.”

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