Even with tough mortgage laws, N.C. faces more foreclosures (Salisbury Post)
RALEIGH (AP) ? North Carolina’s tough mortgage laws, enacted almost a decade ago, have helped the state weather the foreclosure crisis better than most.
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Local mortgage workers facing more job cuts (Contra Costa Times) The early months of 2008 are expected to unleash more pain for a mortgage industry that has disclosed plans to shed more than 1,600 jobs in California.read more...
Further Decline Seen in U.S. Home Sales Home sales are likely to decline again next year, the National Association of Realtors said yesterday.Commentread more...
Mortgage foreclosures rise in 2Q (AP via Yahoo! News) Mortgage foreclosures climbed in the spring as higher interest rates and energy prices made monthly payments harder for some homeowners.read more...
MMAs, MMMFs: Know the differences Money market accounts and money market mutual funds sound alike, but are structured very differently, says Dr. Don.read more...
Feds shut down spam ring for good The people behind a prolific spam operation have agreed to pay $475,000 and not carry out any illegal activity in a deal with the Federal Trade Commission and the state
Higher rates pushing consumers to rethink home equity loans For Kim and James Merly, the home equity line of credit came in very handy -- it helped pay for their son's college education, a car and renovations of two