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Obama Clarifies Mortgage Deal (CBS News)  Here's the bottom line on Barack Obama's sweet mortgage deal: He got a lower rate because he was rich, not because he's a senator.read more...


Interest-Only: Borrower Beware    Steve Clerman decided to refinance his townhouse in Montgomery Village back in 2003. One offer jumped out at him from the flood of loan solicitations that arrived in his


Housing complaints continue to roll in  Phelan residents Barbara and Richard Southern, who have been waiting for 19 months for their house to be built, are not alone.Commentread more...


Real estate market has renters feeling the squeeze  Nina LeKim loves the apartment she is renting. It overlooks Lake Union and has views of the city.via


Proposed Sheriff Substation Is Too Far Away  read more...


McCain: 'Complacent' lenders led to mortgage crisis (CNN.com)  Sen. John McCain Tuesday blamed "rampant" speculation and "complacent" lenders for the current mortgage crisis, in a speech Tuesday.read more...

January 18th, 2008

Woman gets $3.5M judgment in mortgage scam (Newsday)

A Great Neck woman victimized in a mortgage fraud in which she unknowingly gave away her house has won a $3.5-million judgment against the mortgage broker who scammed her, court documents show.

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