White House to help mortgage-holders (CNN Money)
Mortgage industry coalition would help homeowners whose loans are resetting to higher rates, says Treasury Secretary.
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Puffing Tied To Teen Popularity Popular middle-school students are more likely to become smokers than less-popular teens, according to a study at 16 Southern California schools.University of Southern California researchers talked to students ...read more...
GMAC Gets $1.5B for Stake in Mortgage Unit (AP via Yahoo! News) General Motors Corp., struggling to restore its financial vigor, said Thursday its finance arm sold a majority stake in its commercial mortgage division, raising nearly $9 billion in cash
Status on America's retirement -- Workers are taking steps to ensure a secure future, but they need to make bigger strides.read more...
National business briefs: Mortgage firm sells bonds (The Kansas City Star) Thornburg Mortgage Inc., the jumbo home-loan specialist based in Santa Fe, N.M., sold bonds backed by $1.44 billion of mortgages to pay down credit lines and free up financing to
OFHEO Outlines Plans For Declining Conforming Loan Limits These limits determine the maximum size of a mortgage that Freddie and Fannie can buy or guarantee.Commentread more...
Seniors scammed in record numbers Studies show that fraudulent telemarketers direct 56 to 80 percent of their calls to senior citizens, the fastest-growing segment of America's population.read more...