Lender Lobbying Blitz Abetted Mortgage Mess
The subprime industry succeeded in defeating state efforts to limit risky lending to consumers with weak credit during the housing boom.
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Recession Unlikely in 2007 Alan Greenspan and the Wall Street nosedive aside, economists think the probability of a U.S. recession this year is fairly low and the likelihood of one in China is even
Sentencing delayed for five in Miss. mortgage scheme Sentencing has been delayed for five people who pleaded guilty Jan. 13 to federal charges of obtaining fraudulent mortgage loans totaling almost $2.8 million.read more...
MS-13 Member Pleads Guilty to Murder A member of the MS-13 street gang pleaded guilty to murder in aid of racketeering Thursday in connection with a 2004 shooting of a rival gang member.read more...
U.S. shuts down NetBank over mortgage defaults (Courier-Post) NetBank Inc., an online bank with $2.5 billion in assets, was shut down by the government on Friday because of an excessive level of mortgage defaults.read more...
Haines City Might Have Solution to Parking Woes HAINES CITY | City commissioners debated options to the problem of residents parking on the grass for about an hour before police Chief Morris West offered a simple solution at
Experts Offer Sunny Forecast for Industry in '06 Economists from many areas of construction predict that the industry should fare well in 2006.read more...
December 31st, 2007
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