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Bubble Sitting Sounds Too Risky  Bubble sitting is to houses what shorting is to stocks, you sell your house and rent an apartment with the hopes that you can buy your house back later at


Scoop: www.mccully.co.nz 19 August 2005  The NZ National Party led by Don Brash must surely go down in history as the most effective political party in New Zealand's history.read more...


Between Concessions and Commissions, a Murky Kind of Math    Q: We engaged a real estate broker to sell our house. The listing agreement obligated us to pay a 5 percent commission based on the sales price. The broker


Credit Suisse spent $540,000 in first quarter lobbying on mortgage regulation, other issues (Canadian Business)  WASHINGTON (AP) - Credit Suisse Securities USA, a unit of Swiss-based financial services firm Credit Suisse Group, spent $540,000 in the first quarter lobbying on mortgage regulations and other issues,


Brother Of Suspected Terrorist Arrested In Utah  Five relatives of terrorism suspect Shawqi Omar have been arrested in California and Utah in a fraud and money laundering investigation.read more...


Market tough for first-timers  First-time home buyers had a tough time of it last year. A new report from the California Association of Realtors reveals that affordability concerns continued to impact the market, with

May 6th, 2008

Witnesses: Mortgage lenders abusing court system (USA Today)

Mortgage lenders are abusing the bankruptcy court system by pursuing unjustified foreclosures against struggling homeowners, piling on questionable fees and misstating the amounts owed, witnesses alleged at a congressional hearing on Tuesday.

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