AP IMPACT: Mortgage firm arranged stealth campaign (San Francisco Chronicle) Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three
Buying distressed homes carries risks, rewards (Reg Req'd) If rising interest rates cause more people to default on their adjustable-rate mortgages, investors could face a potential boon.read more...
Release of the First Comprehensive Study of Predatory Mortgage Lending in Maine is Today (PR Newswire via Yahoo! Finance) Coastal Enterprises Inc. of Wiscasset and the Center for Responsible Lending in Durham, N.C. will hold a press conference at 11:30 a.m. today in the Welcome Center of the
Outdoor remodeling is all the rage Ask experts what types of home-remodeling projects are hot now, and they wax philosophical.via
Federal action sought in mortgage reform "These things should have been rated as risky a long time ago" As state lawmakers rush to reform lending practices that have contributed to a recent surge of mortgage
Mortgage fraud reports are up (Philly.com) Efforts to tighten lending standards appear to have had little effect so far, as reports of mortgage fraud increased 42 percent in the first quarter of 2008 from the same
More than 75 per cent of the mortgage deals which were available last summer have disappeared. The number of available loans on the market fell below 4,000 yesterday as a result of the credit crunch crippling the mortgage industry
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