Feds intensify probe of mortgage industry (Atlanta Journal-Constitution) Federal agencies are intensifying a criminal investigation of the mortgage industry and focusing on whether some lenders turned a blind eye to inflated income figures provided by borrowers. The FBI
ALL BUSINESS:Taxpayers on hook for mortgage rescue (AP via Yahoo! News) We knew it could happen, even though they said it wouldn't. The government is using our money again to haul private companies' hindquarters out of the fire ? this
Why Mortgage Life Insurance is Not a Good Idea (Arkadelphia Daily Siftings Herald) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds
Interest Rate Roundup Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...
North Carolina Triad Region Shows Strong Growth North Carolina's Triad region is going against t he national trend by showing a 7 percent increase in housing sales since the same period last year.read more...
Mortgage rates to rise? Dear Curt, Alan Greenspan, chairman of the Federal Reserve Board of Governors, has described the disconnect between rising short-term interest rates and relatively stable long-term rates as a conundrum.read more...
Arrests in an alleged fraud scheme elicited relieved yet angry responses from the affected homeowners When her husband left for good a few years ago, Nadine Bostic became a single mother, her income suddenly reduced by more than half. Her salary as a cosmetologist barely covered her expenses, let alone the mortgage payments on her home.
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