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How to get home seller to pay for repairs  Buyer finds undisclosed defects DEAR BOB: We are in the process of buying an older home in a great neighborhood with outstanding public schools.read more...


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...


Task force charges 15 in mortgage scam (Miami Herald)  The Miami-Dade Mortgage Task Force on Friday announced the arrests of 15 people police said were part of a criminal mortgage fraud ring that defrauded several banks of more than


New Home Sales in U.S. Probably Fell Last Month on Higher Mortgage Rates  Sales of new homes in the U.S. probably declined 4 percent in May as buyers balked at higher mortgage rates and prices, economists said before a government report today.read more...


Banks crack down on mortgage fraud (FT.com via Yahoo! News)   Banks are seeking to crack down on mortgage fraud as evidence mounts of a rise in the number of fraudulent borrowers. Abbey and Lloyds TSB are among the banks


One Step Short of Selling a House on eBay  The Los Angeles Independent * 4201 Wilshire Blvd. #600 * Los Angeles * CA * 90010 * Ph: 323-556-5720 * Fax: 323-556-5704 One Step Short of Selling a House on

June 26th, 2005

U.S. Stocks, Buoyed by Economic Growth, Recoup Losses in Second Quarter

U.S. stocks rebounded from losses in the second quarter amid optimism that the economy can weather record oil prices and expand without causing inflation to accelerate.

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