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How Congress Can Rein In Opportunistic Steering by Brokers    One of the important objectives of the mortgage legislation winding its way through Congress is to prevent brokers from steering borrowers to costlier loans, according to the bill's sponsor,


FBI director: mortgage fraud substantial (AP via Yahoo! News)   FBI Director Robert Mueller said Thursday that the agency is committed to investigating and prosecuting companies involved in mortgage fraud and other violations in connection with home loans made


NAR Joins Forces with Mexican Real Estate Group  The NATIONAL ASSOCIATION OF REALTORS has formed a joint venture with the Mexican real estate association, Association Mexicana de Profesionales Immobiliarios, with the goal of creating more uniform real estate


U.S. MBA's Mortgage Applications Index Fell 5.5% Last Week (Bloomberg.com)  Aug. 22 (Bloomberg) -- Mortgage applications fell 5.5 percent last week, the biggest decline in almost three months, reflecting less demand to refinance and purchase homes amid a widening credit


Money Takes Up a Lot of Time  I CAN'T believe what it takes to manage my finances these days. I'm not talking about anything complicated, like weighing the merits of exchange-traded funds - just the endless pile-up


A fair-lending storm on the horizon  Sorting... Please wait. Customization Wizard Industry Filters Portfolios MyInteractive E-Mail Alerts For years, the National Community Reinvestment Coalition and its members have criticized the dual lending ...via

November 26th, 2007

Mortgage foreslosures cloud shopping (Lexington Herald-Leader)

The holiday shopping season, widely expected to be muted, started with a blast over the weekend, with a 7 percent increase in purchases over last year. But with much of that increase attributed to more shoppers at the discount retailers, and with the cloud of mortgage foreclosures still hanging over the shopping season, will the sellers of more expensive items such as furniture and appliances do …

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