Man Gets 26 Years in Mortgage Fraud (AP via Yahoo! Finance)
A man who pleaded guilty to a mortgage fraud scheme that affected more than 100 people has been sentenced to more than 26 years in prison.
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Bush: U.S. to pay most of tab President Bush promised Thursday night the government will pay most of the costs of rebuilding the hurricane-ravaged Gulf Coast in one of the largest reconstruction projects the world has ever
Bank cuts interest rates to 4.5% The MPC's decision at its 100th meeting had been widely expected. UK rates had been held at 4.75% since August 2004.read more...
Mortgage Training - Housing Bubble Watch: Building Stats Slip As Does Housing Bubble Watch: Building Stats Slip As Does Builder Confidence The two monthly reports that measure the health of the home construction industry were released this week.read more...
Official Says Bad Data Fueled Rate Cuts, Housing Speculation A Federal Reserve Bank president said that because of faulty inflation data, interest rates were kept low longer than necessary this decade, fueling speculative activity in the real-estate market.read more...
Home Depot Accused of Being a Bad Neighbor Home Depot is getting hammered over claims of neglect at its Skyline location, but the home improvement giant is fighting back, since the store could potentially be shut down.Commentread more...
Australia's 'mortgage' finally paid off (News Interactive) PETER Costello will today pay off the $96 billion national mortgage.read more...