9 Mortgage Lenders Agree To Compact To Slow Foreclosures (The Kentucky Post) COLUMBUS, Ohio (AP) -- Nine mortgage lenders who hold about 55 percent of Ohio's subprime home loans agreed Monday to abide by policies designed to help struggling homeowners avoid foreclosure.read
10 indicted in mortgage fraud probe (The Columbus Dispatch) CLEVELAND (AP) -- Ten people were charged Friday with mortgage fraud based on an investigation of four separate cases in northeastern Ohio. read more...
Not bullied by the big boxes Randy Likens, manager of Ideal Building Supply in Roanoke, hasn't lost sleep fretting about the prospect of a new Home Depot on U.S. 220 near the Lowe's home improvement store.via
Equity brings bankruptcy HOMEOWNERS coaxed into reinvesting the equity in their homes are facing bankruptcy as falling property values and rising interest rates stretch them beyond breaking point.read more...
Home renovations ebb as mortgage rates continue rise (Contra Costa Times) The home-renovation boom, spurred by low mortgage rates that made home-equity loans popular and cheap, appears to be cooling off. The latest government construction-spending data -- for November -- shows
Contractors come to the aid of bilked homeowners STAMFORD - Richard Prowse was getting ready for work one day several weeks ago when he saw a heartbreaking story in the newspaper.Commentread more...
“This week we have an opportunity to pass a housing bill that will help the economy recover, help American families stay in their homes and change the law so this never happens again”
Congress is set to examine another round of possible repairs for consumers and investors threatened by widening cracks in the housing market. via Clarion Dispatch
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