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M&T woes indicative of mortgage industry bust (BizJournals)  M&T Bank Corp.'s depressed earnings because of the industry's underlying mortgage problems in 2007 surprised some investors when announced on Jan. 14.read more...


Lloyds extends Islamic finance scheme  Lloyds TSB today extended its pilot Islamic banking service, making it available to more customers in the south of England.read more...


Ault Clark developing, remodeling  Ault Clark & Associates will develop a pair of courses in the east, adding to a busy schedule.via


Housing Starts Flatten in July    Housing starts flattened in July but remained at near-record highs nationwide, according to figures released yesterday by the Census Bureau and the Department of Housing and Urban Development, and


New task force, legislation take aim at mortgage fraud (Jefferson City News Tribune)  Aiming to discourage mortgage fraud, a state agency has created a special task force to educate lenders, consumers and real estate agents about the crime.read more...


Eastern Band to vote for tribal council members (Reg Req'd)  Members of the Eastern Band of Cherokee Indians went to the polls Thursday to elect new representatives to the 12-member Tribal Council as they try to expand gaming on their

January 9th, 2008

Congress Votes To Extend Federal Tax Deduction For Mortgage Insurance Premiums Through 2010 (PropertyandCasualty.com)

Congress has extended the federal tax deduction allowing homeowners with low down payment mortgages to deduct the cost of their government or private mortgage insurance premiums for three more years

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