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Mmmm, Tax Simplification: Would-Be Regional Variation In The Mortgage Interest Deduction  Among the tax "reform" panel's most controversial recommendations has been its proposal to reduce the tax subsidy for mortgage interest.read more...


Taxes, Spending Continue To Grow  read more...


Kathleen Pender: Wells Fargo woes show breadth of mortgage meltdown (San Francisco Chronicle)  Here's more evidence that you can't call the mortgage crisis a subprime problem. On Tuesday, Wells Fargo said it will set aside $1.4 billion for home-equity loans it expects to


Investors Reposition Amid Uncertainty of Real Estate  Using a deliberate buy-and-sell strategy, the former investment banker now owns 600 units in seven properties, after selling 20 apartment buildings over the past five years worth about $50 million.via


New loan program helps home buyers  For the first time in decades, a new residential development is coming to northeast Carbondale.Commentread more...


Metro professionals arraigned in mortgage fraud ring (Atlanta Business Chronicle)  Several local real estate professionals, lawyers and mortgage brokers have been charged, and some arraigned, in a mortgage fraud scheme that spanned 1999 until late 2001.read more...

April 30th, 2008

Prosecution, not talk can clean up some of mortgage mess (Courier-Post)

When Treasury Secretary Henry M. Paulson released the government’s blueprint for overhauling the nation’s financial regulatory structure, he promised to direct more attention toward the front-line people who arrange mortgage loans.

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