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Toward a better world  Tell City's Katie Koonce, 10, has paint applied to her hand by Lindsey Tegeler, a counselor working at Glenn Wood Camp and Retreat Center Friday.via


New reform bill tightens state's oversight of mortgage industry (BizJournals)  Gov. Phil Bredesen has signed into law a mortgage reform bill that creates safeguards for Tennessee consumers, according to a state release.read more...


Confused by all the Mortgage Options? Here's Help (Sleepy Eye Herald Dispatch)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Impac Mortgage Holdings posts 3Q profit  Impac Mortgage Holdings Inc., a real estate investment trust that buys, sells and invests in mortgage loans, reported Tuesday a fiscal third-quarter profit, reversing a year-ago loss, as a favorable


Fed seen holding rates steady as mortgage pain deepens (AFP via Yahoo! News)   The Federal Reserve is widely expected to keep US interest rates on hold at its meeting Tuesday despite increasing concerns about America's troubled housing and mortgage markets, economists say.read


Guilty Plea In Mortgage Fraud Case (The Tampa Tribune)  The Florida attorney general's office said Monday that a Hillsborough County man, arrested this year and charged with running a mortgage fraud scheme, has pleaded guilty to several fraud charges

November 12th, 2007

US Mortgage Bank Earnings Will Be Hit In 2008 -S&P (Nasdaq)

NEW YORK -(Dow Jones)- The chaos in the mortgage markets is only going to get worse and put a dent in U.S. mortgage bank earnings, according to a report released Tuesday by Standard & Poor’s.

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