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Special section: Yawkey House restoration  A special section inside printed editions of today's Wausau Daily Herald chronicles the $3 million restoration of downtown Wausau's Yawkey House Museum.read more...


Luring homebuyers with 'sale' prices  Bait-and-switch deals on new houses reflect desperate times for builders, says the Real Estate Adviser.read more...


Interest Rate Roundup  Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...


Fed's Bies sees cooling housing market  Federal Reserve Board Governor Susan Schmidt Bies said Wednesday the cooling of the housing market has been moderate, with favorable underlying demand, but slackening home construction and slowing home price


Calif. Mortgage Defaults Soar, But Not In Bay Area  Foreclosure activity in California jumped sharply last quarter, but analysts say the spike is not significant enough in the Bay Area to become a market factor.DataQuick, a real estate information


Kenneth Harney: New rule spotlights a dark corner: lenders, insurers splitting premiums   ' A seemingly arcane policy change by mortgage investor Freddie Mac sheds new light on issues of much broader concern for consumers: Do you really understand where the money

March 13th, 2008

Paulson urges tighter mortgage oversight (AP via Yahoo! News)

Treasury Secretary Henry Paulson said Thursday that a presidential working group wants stronger regulatory oversight of mortgage lenders to avert the kind of credit crisis that is dragging the economy down.

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