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Deadline Is Monday to Pay Real Estate Taxes  BARTOW | Pay your taxes by Monday. That's the message Polk County Tax Collector Joe Tedder is sending out as a reminder for the deadline to pay 2007 real estate


Creative Mortgage Lending Offers Instant Loan Scenarios with CML Express (Business Wire via Yahoo! Finance)   SOUTHFIELD, Mich.----Creative Mortgage Lending , a wholesale lender specializing in Alt-A and nonprime lending, launched CML Express, a comprehensive online product and pricing engine accessible to brokers any time


New Riverside Mortgage owner plans to add nearly 200 workers (BizJournals)  Robert Liberty has big plans for the mortgage brokerage business he bought late last year.read more...


Law firms react to mortgage crisis by creating units (BizJournals)  Washington law firms are forming subprime mortgage groups to better tackle issues arising from the recent downturn in the mortgage industry and the overall slowdown in the housing sector.read more...


5 banks create $125 million fund for New England mortgage relief (Eagle-Tribune Online)  BOSTON (AP) - Five banks have created a $125 million fund to refinance mortgage loans for New England homeowners facing interest rate increases.read more...


Troubled British mortgage bank's customers ignore appeals for calm (CP via Yahoo! Canada News)  LONDON (AP) - Customers lined up outside branches of a British mortgage bank for a second day Saturday as fears spread over the bank's emergency loan from the Bank of

May 10th, 2008

Peter Boutell, Lending a Hand: Good news on adjustable rate mortgage loans (Santa Cruz Sentinel)

Adjustable-rate mortgages were created to take the risk of rising rates away from banks and mortgage companies and place it squarely on the shoulders of the borrower.

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