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FEMA, Fannie Mae Find Homes For Katrina Evacuees  Two federal agencies have settled a dispute that will put 1,500 Katrina families into rent-free homes.read more...


Old building will be torn down  Demolition of the old Mount Angel Public Works/Library building will begin within the next two weeks.read more...


Students Get Real-World Experience from Building Project  It's good for the owners and good for the students. Some local homeowners found a way to cut the expense and aggravation factor in half while building a new house.via


H&R Block, Cerberus terminate sale of Option One Mortgage (The Kansas City Star)  H&R Block?s deal to sell its Option One Mortgage Corp. has fallen through, Block said today, so it is scrapping much of the subprime lending business.read more...


Economic woes hit home, as foreclosure rate soars  ''I felt like I was a total failure," she said. ''I tried so hard to take care of my family and wasn't able to.via


What a Week: Loose Lips  The markets were listless this week, as traders were eager to grab onto anything that smacked of a theme.Commentread more...

March 22nd, 2008

Proposals would end those unpleasant settlement-day surprises

Almost anyone who’s bought a house or taken out a mortgage in recent years knows the problems: • Lenders’ ‘good-faith estimates’ of loan and settlement fees provided at application too often are off the … via Baltimore Sun



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