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Mortgage Investors Worry Over Treasurys (AP via Yahoo! Finance)   With a recent strong rally in Treasury bonds, mortgage bond investors are shedding some of their holdings in anticipation of heavier selling yet to come.read more...


Confused by all the Mortgage Options? Here's Help (Hornell Evening Tribune)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


Wool Carpet by Pid - the Hell luxury carpet from New Zealand  Home Decorating Trends online magazine - Trendir : Wool Carpet by PidA - the Hell luxury carpet from New Zealand Wool Carpet by PidA - the Hell luxury carpet from


Degree in debt  George Washington University Law School graduate Javier Lopez, 25, goes public with his student loan debt amount without missing a beat.via


How Rating Firms' Calls Fueled Subprime Mess  These companies played a major role in the mortgage boom -- and bust. These companies gave top ratings to securities built on questionable loans, making them seem as safe as


Where's the Froth? Luxury Sellers Cut Prices  Gasoline prices are expected to rise even higher and not begin dropping until the fall.read more...

March 31st, 2008

Mortgage fraud co-defendent pleads guilty (Erie Times-News)

Frank Kartesz II, the co-owner of an Erie home redevelopment business, pleaded guilty this afternoon to fraud and conspiracy charges in relation to a widespread mortgage-fraud scheme in the city of Erie.

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