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From first house to final house Ogdens part of Concord Lane  R.K. Ogden drove the first nail. His son will drive the last. When Jimmy Ogden hammers the final nail into the house he is building on Concord Lane, everything will


Feds: 6 indicted in $15M Ohio mortgage fraud case (FOX 19 Cincinnati)  DAYTON, Ohio (AP) - Federal authorities have indicted six people from Ohio for operating an alleged $15 million home mortgage fraud scheme.read more...


The People's Money by Robert K. Heady: Credit insurance benefits lenders, not the consumer (Reg Req'd)  Let's say that you're about to sign a $12,000 contract for a five-year car loan.via


Hedge funds return to property marketplace  Fewer opportunities in the stock market have prompted some hedge funds to bolster returns by making loans for commercial real estate such as office buildings.read more...


The dark side of credit reports and scores  The author of "Credit Scores and Credit Reports," Evan Hendricks, says the credit card industry's use of credit reporting and scores is often designed to make you pay more.read more...


Weekly Home Mortgage Rates (AP via Yahoo! News)   Weekly Home Mortgage Ratesread more...

September 25th, 2007

Wilbur Ross turns his attention to the ailing mortgage business (International Herald Tribune)

A firm controlled by the investor, who made his name by buying and reviving distressed companies, bid $435 million last week to buy the service unit of American Home Mortgage, which collects payments from homeowners.

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