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Early Mortgage Payoff Need Not Be Complex (Hartford Courant)  When my wife, Georgina, and I paid off our $100,000 mortgage early 19 years ago, we saved $97,468.70 in interest. read more...


2 at Citigroup Share Duties and, So Far, Stay Friends  Not long after sitting down next to each other in a sunny conference room at Citigroup's Manhattan headquarters, Ajay Banga and Steven J. Freiberg, the bank's newly named co-directors of


Confused by all the Mortgage Options? Here's Help (Derby Daily Reporter)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


New-Home Starts Sink As Sales Slow, Inventories Rise  Housing starts dropped 6% in August from July and were down 19.8% from a year earlier amid rising number of homes on the market and slowing sales.read more...


S.A. Life: Family finds hope in house, American Sunrise (Reg Req'd)  Patricia and Luis Roberto Herrera came to San Antonio six years ago in pursuit of the American Dream - a steady job, better schools, a church and, most of all,


Facts and figures on the U-S economy:  The trade deficit soared to a record in September as the Gulf Coast hurricanes helped push America's foreign oil bill to an all-time high.read more...

June 30th, 2007

Bring residential fire sprinklers into the code

“Losing 100 firefighters a year doesn’t happen in Europe or anywhere else”

INSTALLING FIRE SPRINKLERS is a good idea that we’ve advocated for a long time. We’ve focused our discussions in the past on the victims of fires in unsprinklered buildings, and to us that meant the building … via Contractor



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June 30th, 2007

Inside Advice: In a slow market, there are many reasons to list with an agent

I was recently asked whether a home should be sold “by owner” or listed with a real estate agent. via Atlanta Journal-Constitution



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June 30th, 2007

Mortgage Meltdown Spurs More Enforcement

“Because we don’t license or register (loan originators), there’s nothing we can do about it.”

New Hampshire’s banking commissioner says the mortgage meltdown sweeping the country shows it’s time to allow the state to license loan “originators.” The state licenses mortgage bankers and brokers, but does … via WPTZ.com



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June 30th, 2007

New Laws Mean Shorter Lines, Higher Fees

“Here we are with record revenue rolling in from Referendum C, with a backbreaking property tax increase, and we’re about to give them a one-two-punch with increased fees and more nanny bills”

Starting this week, drivers won’t have to stand in line as long to get their driver’s licenses. via KMGH-TV Denver



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June 30th, 2007

Job growth, subprime on investors’ minds (CNN Money)

Stocks posted solid 2nd-quarter gains but rising interest rates and the subprime mortgage mess are a concern.

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June 30th, 2007

Houston Mortgage Monitor (Houston Chronicle)

The mortgage interest rate list represents a sampling of rates as quoted by lenders in the Houston market on Friday. Rates, which may change on Monday, are for 90 percent loans and do not include origination fees. The numbers in parentheses after the rates are discount points. A point is equal to 1 percent of the loan amount.

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June 30th, 2007

Hang on for rest of 2007: It’s going to be a bumpy ride for mortgage lending (Asheville Citizen-Times)

Just when you thought you had your personal qualifications under control, along comes another curve in mortgage underwriting. We have long touted that all loans are basically about the three “show me’s.

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June 30th, 2007

Mortgage meltdown prompts call for more enforcement in NH (Boston Globe)

New Hampshire’s banking commissioner says the mortgage meltdown sweeping the country shows it’s time to allow the state to license loan “originators”.

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June 30th, 2007

Indian Lakes Estates Fell Short of Prospect

If your retirement garden – specifically your individual retirement account or IRA - hasn’t been growing fast enough to meet your future retirement needs, you might want to join a club of contrarians: those who have decided to take matters into their own hands. Literally.



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June 30th, 2007

Tips From a Foreclosure Investor

For some investors, the recent downturn in the housing market looks like opportunity. Some of the most aggressive of them go after foreclosures, homes that people have lost after they’ve fallen behind on mortgage payments or taxes. To find out more about this style of real estate investing, The P…

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