Paulson says mortgage plan ready this week (Washington Post) WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Monday he hoped a plan to spare homeowners facing mortgage-rate spikes would be ready by week's end and expressed faith
Mortgage holders get small reprieve (TVNZ) There has a small easing of the pain in the wallet for some mortgage holders as a flurry of interest rate reductions that began on Friday continue. Westpac and National
Bondi urges fast track for creating businesses It looks like Putnam residents may no longer be able to rely on sale taxes revenues to protect them from property tax increases, with county officials admitting this week that
Federal charges brought against 20 in mortgage fraud cases Federal authorities have charged 20 people with fraud and related counts, disrupting what they say were five separate mortgage fraud organizations in the Detroit area.read more...
Construction Activity Drops in October Construction activity in October plunged by the largest amount since the recession in 2001 as home building fell for a record seventh consecutive month.Commentread more...
Will mortgage queues return? (BBC News) The mortgage market, and with it home sales, are shrinking before our eyes but where is the market heading?read more...
Analysts at a mortgage watchdog firm say they have uncovered more than 42,000 mortgage applications, totaling nearly $11 billion, containing significant misrepresentations of the borrowers’ income.
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