Massive Watertown Fire
The fire burned down most of the old Black Clawson Factory in Watertown. The City has hired a contractor to come in to pull the rest of the building apart, which will allow firefighters to get to areas that are …
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FBI: 200 agents working on mortgage fraud probe (Reuters via Yahoo! News) The FBI has more than 200 agents and 33 task forces addressing mortgage fraud, has more than 1,300 cases under investigation and has targeted 19 large companies, FBI Director
Credit woes spread through accounts Luann Jones was in nursing school when her husband called one day with bad news.read more...
Illinois to sue mortgage lender (Chicago Tribune) The nation's biggest mortgage lender engaged in "unfair and deceptive" practices to get homeowners to apply for risky mortgages far beyond their means, according to a civil lawsuit Illinois' attorney
A Corporate Twist on Home Building The local chapter of Habitat for Humanity is holding its third annual corporation Corporate Challenge, bringing companies together to help build houses.via
Heed Big Mama's Lesson: Pay Off That Mortgage (Hartford Courant) African Americans are often the target of financial pitchmen trying to convince them they should never pay off their mortgages. Instead, the line goes, people should dig deeper into mortgage
Has the Housing Market Peaked? Recent financial activity would indicate that tougher times may lie ahead. Hope is not lost, but increased market awareness must be found.read more...