Mortgage fraud cases up 42% in U.S. (The Plain Dealer)
New York- Reported incidents of mortgage fraud jumped 42 percent nationwide, with Florida reporting the highest number of cases, according to industry data released Monday.
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Mortgage rates dip for 2nd week (Fort Wayne Journal Gazette) WASHINGTON ? Rates on 30-year mortgages fell for a second consecutive week, but analysts still believe the future direction will be up as the Federal Reserve keeps tightening credit to
Interest rate hike likely to impact everyone Federal Reserve Chairman Alan Greenspan made good Tuesday on his July promise to raise interest rates, increasing the short-term rate banks charge each other by a quarter point to its
Rent Versus Buy Decision Feels Like Boarding the Titanic or the Hindenburg Its a question I am asked every single day: should I buy or rent? The answer is: there is no obvious answer right now.read more...
Mortgage crisis blame game (Daily Telegraph) INSUFFICIENT action by watchdogs and the community's lack of financial savvy is behind a rising number of mortgage defaulters, an MP says.read more...
White House Objects to Parts Of Mortgage-Reform Bill (Washington Post) The White House released a brief statement yesterday opposing key parts of legislation aimed at curbing abusive mortgage-lending practices that have fueled a jump in foreclosures.read more...
Some mortgage rates inch higher (CNN Money) Some mortgage rates rose along with bond rates this week as reports of stronger consumer spending in November were tempered by disappointing readings of other economic measures, Freddie Mac reported