At a glance
Today National Assn. of Realtors reports on existing-home sales for July. Treasury bill auction. via Los Angeles Times
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CIT Group closes mortgage unit, takes charge (Reuters via Yahoo! Asia News) NEW YORK (Reuters) - CIT Group Inc , the consumer and commercial finance company, on Tuesday said it has closed its mortgage lending operations, the latest to abandon the
Mortgage Rates Rose in Latest Week Rates on home mortgages continued their climb this week, with the 30-year fixed-rate mortgage hitting its highest level since September, Freddie Mac said.read more...
AIG Profit Falls 27 Percent on Mortgage-Linked Losses (Update1) (Bloomberg.com) Nov. 7 (Bloomberg) -- American International Group Inc., the world's largest insurer, said third-quarter profit fell 27 percent as the housing recession contributed to losses in its mortgage guarantee and
In full: Cameron speech Conservative leader David Cameron has delivered a speech to party members in the last full week of Tony Blair's premiership. via BBC read more...
Tighter Mortgage Oversight Urged (Washington Post) WASHINGTON -- Treasury Secretary Henry Paulson said Thursday that a presidential working group wants stronger regulatory oversight of mortgage lenders to avert the kind of credit crisis that is dragging
Township planning officials to be in a zone Chikaming's complex land-use documents to face revision. By KATE SHERIDAN Tribune Correspondent Chikaming Township Zoning Administrator Betsy Bohac looks at copies of the township's dated zoning regulations.read more...
August 31st, 2007
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August 31st, 2007
A flair for fiction, real-life decor
“For me, it is a really special place; it is now my writing room, my planning room and my sit-and-absorb-what-has-happened room. If I ever need to calm down, the living room is an emotional place for me now. “The air flow is so great”
Tish Cohen will soon see her novel Town House made into a movie by a production company headed by Ridley Scott, director of films such as Gladiator , Alien and Blade Runner . via The Toronto Star
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August 31st, 2007
EPISD fires architect who pleaded guilty
“The minimum that could be expected out of someone we go into a contract with is ethics. We can’t stand for what happened”
The El Paso Independent School District Board of Trustees on Tuesday fired the architect who earlier this month pleaded guilty to charges that he secured $25,000 using illegal practices to influence a sitting … via El Paso Times
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August 31st, 2007
Accredited Home Soars on New Takeover Bid
“The value may have been there even two or three weeks ago, but no one was willing to recognize it.”
Accredited Home Lenders Holding Co shares rose 43 percent on Friday after Lone Star Funds said it was prepared to buy the subprime mortgage lender at a lower price than it previously agreed to pay. via BNET
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August 31st, 2007
Bush Outlines Aid For Mortgage Holders (CBS News)
President Bush outlined ways the federal government can help troubled borrowers keep their homes Friday in an effort to address rising foreclosures fueled by the mortgage crisis.
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August 31st, 2007
Citigroup to buy Ameriquest Mortgage (Los Angeles Times)
Ameriquest Mortgage Co., the largest U.S. subprime lender as recently as 2005, is closing.
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August 31st, 2007
Bush, Democrats square off on mortgage plans (MSNBC)
President Bush’s proposals to help shore up the ailing mortgage market are at the center of a debate in Washington over how far government should go to help borrowers who got in over their heads. By MSNBC.COM’s John W. Schoen.
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August 31st, 2007
Some modest mortgage proposals unveiled by Bush (Detroit Free Press)
WASHINGTON —President George W. Bush on Friday announced a set of proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.
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August 31st, 2007
Bush unveils mortgage proposals (AP via Yahoo! News)
President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.
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August 31st, 2007
Bush Offers Measures to Help Ease Mortgage Crisis (Washington Post)
President Bush today unveiled a series of measures intended to help ease a wave of mortgage defaults, but he ruled out any federal bailout for lenders or for homeowners who bought properties they could not afford.
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