Texas Bankruptcy Laws

Implosion knocks down old Winnipeg flour mill  Winnipeggers who like to see stuff blow up real good got to witness a rare treat Sunday -- an implosion.read more...


30-Year Mortgage Rates Top 6 Percent Level  Rates on 30-year mortgages rose for a fifth consecutive week, topping 6 percent for the first time since March as financial markets continued to worry about inflation.read more...


Even Middle-Class Are Asking for Help Heating Their Homes  Even the middle-class, those with mortgages and 2-incomes, those with high credit-card bills, are coming in asking for assistance as heating bills rise.read more...


Jobless Claims Slip, Good Sign for Market  Fewer people signed up for unemployment benefits last week, an encouraging sign that the nation's jobs climate is improving.read more...


Bank of England Hopes Gilt Works  The BOE's King launched a historic intervention plan that will allow U.K. banks to swap assets for gilts. But will it work?read more...


Kissel property fetches close to $5M at auction  A Stamford attorney entered a top bid of almost $5 million in a court-ordered sale yesterday for an unfinished Greenwich mansion that was being built by slain real estate developer

September 11th, 2007

FTC warns mortgage lenders to tell the truth in advertising

“Many mortgage advertisers are making potentially deceptive claims about incredibly low rates and payments, without telling consumers the whole story”

The Federal Trade Commission has warned more than 200 companies about “potentially deceptive” mortgage advertisements that could give borrowers a false impression of the cost of home loans. via The News Tribune



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