GMAC to sell 60 pct of mortgage unit (Reuters via Yahoo! News) General Motors Acceptance Corp. agreed on Wednesday to sell a 60 percent equity interest in its commercial mortgage subsidiary to a private equity consortium, a move that allows the
Regulator cracks down on mortgage exit fees (Guardian Unlimited) Borrowers who paid more to move mortgage lender than they originally expected could be in line for a refund.read more...
Contractor standards tightened: Continuing education, consumer... Via Thomson Dialog NewsEdge) Jan. 1--Wisconsin raises the professional bar for home builders and remodeling firms this year with new education and performance standards.Commentread more...
Fannie, Freddie Mortgage Profit Reaches 10-Year High (Update1) (Bloomberg.com) Aug. 27 (Bloomberg) -- The crisis of confidence that sent Fannie Mae and Freddie Mac debt costs to record highs above U.S. Treasuries is also providing the mortgage-finance companies with
Auto economist sees decline in 2006 sales Sun Feb 12, 2006 7:34 AM ET ORLANDO, Florida - U.S. sales of new cars and light trucks will fall slightly in 2006 from a year earlier as higher interest
Police: Group ran $12M mortgage fraud ring in Broward (Miami Herald) Using stolen identities and straw buyers to apply for bogus home loans, 11 people from South Florida ran a multimillion-dollar mortgage fraud and property flipping scheme in Broward County, authorities
The continued climb of gasoline prices pushed the tax-deductible mileage rates up a bit in 2007.
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