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Housing market warms up in area  For the first time in six months, the Rochester-area real estate market saw an increase in existing home sales, which were up nearly 11 percent in January compared with the


New Beall's Store to Open  read more...


The kind but ineffective home seller  I can see the mortgage witch-hunt already brewing. Everyone, and I mean EVERYONE, will now suddenly have a solution to an age-old problem -- keeping the consumer from doing something


N.J. bill bolsters home building (Reg Req'd)  Citing the nightmares new homeowners faced in developments like Chestnut Green, Monroe Township, state legislators are pushing a bill that would create a licensing process for builders to prevent sub-par


Study: Mortgage brokers help minorities (Boston Herald)  Mortgage brokers have long faced criticism from federal agencies and consumer advocates. Activists charge that the industry steers minority and elderly borrowers toward high-cost mortgages, while the...read more...


Two Ex-Metropolitan Mortgage Executives Settle SEC Fraud Case (Nasdaq)  WASHINGTON -(Dow Jones)- The former controller at Metropolitan Mortgage & Securities Co. accepted a five-year ban on serving as an officer or director of a public company to settle charges

March 10th, 2008

Mortgage mess becomes prime territory for law firms (Chicago Tribune)

The collapse of the subprime-mortgage market has turned into a legal free-for-all not seen in the financial-services industry since the savings-and-loan crisis.

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