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Officials Announce Campaign Against Mortgage Fraud (CBS 2 Chicago)  State and local officials have announced a series of initiatives targeting mortgage fraud, a growing crime in the city's poorest neighborhoods and across the country.read more...


Opposition Grows Against Plan To Build Golfing Community  New York developer Douglas Durst is hoping to succeed where ice-cream magnate Tom Carvel failed to build a golfing community in the Catskills more than 30 years ago. But he


State's Top Prosecutor Wants Crackdown On Mortgage Scams  The state's top prosecutor and a lawmaker unveiled a plan Thursday to crack down on scams that can cost Coloradans their homes under the guise of helping them avoid foreclosure.read


New store to help simplify selling on eBay  McALLEN a " The online auction site, eBay, is no longer the domain of the tech-savvy or even those with a computer.via


MORTGAGE: Co-signer's credit suffers if payments are missed (The Charlotte Observer)  Q. About five years ago, I co-signed a home mortgage for my niece so she could buy a condominium. All went well until about four months ago. She lost her


As Subprime Crisis Deepens, Some Fight Back  The home loan for Thomas Hilchey and fiancee Robin Crevier started with a "teaser" -- an attractive interest rate for two years with a monthly payment of $1,692 that was

September 12th, 2007

Countrywide August mortgage fundings slide 17 percent (Reuters via Yahoo! News)

Countrywide Financial Corp , the largest U.S. mortgage lender, said on Thursday its mortgage fundings slid 17 percent in August from a year earlier to $34 billion on the housing slowdown and “credit tightening in the mortgage market.”

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