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Prosperity brings a new set of troubles for Hmong quilters  Spring had come to Lancaster County, soft and warm as the velvet on a newborn calf's nose.read more...


E-LOAN Rates Best Overall in Q3 2007 Keynote(R) Scorecard for Mortgage Web Sites (Broadcast Newsroom)  PLEASANTON, Calif., BUSINESS WIRE -- E-LOAN(R), an online financial services company, today announced that it has received the highest overall rating for online best practices implementation in the Keynote (R)


Proposals would end those unpleasant settlement-day surprises   Almost anyone who's bought a house or taken out a mortgage in recent years knows the problems: • Lenders' 'good-faith estimates' of loan and settlement fees provided at application


Bank to Buy Credit Card Business for $6.45 Billion  Washington Mutual, which grew rapidly from a Seattle savings institution to a home loan giant, said yesterday that it would buy Providian Financial for $6.45 billion in cash and stock,


(AFX UK Focus) 2007-09-27 09:50 GMT: UK Aug mortgage approvals slow to 61,051 vs 66,965 July - BBA (Interactive Investor)  LONDON (Thomson Financial) - Mortgage approvals for house purchases dropped in August, both in number and in value, according to figures from a leading group of banks.read more...


Man Injured In Shooting At Mortgage Company (CBS 2 Los Angeles)  Police Thursday searched for a gunman who shot a man in the stomach at a Woodland Hills mortgage company.read more...

May 11th, 2008

Authors Finger Perpetrators In Debt Crisis

“The word alone causes people’s blood pressure to rise. It’s a hard-sounding word, phonetically in sync with its impact on people’s lives”

It’s a hard-sounding word, phonetically in sync with its impact on people’s lives,” writes Tamara Draut in the foreword to the compelling “Up to Our Eyeballs: How Shady Lenders and Failed Economic Policies Are … via Tampa Bay Online



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May 10th, 2008

Mortgage Credit Losses Could Total $500 Bln: Goldman

“If anything, they may come under pressure to ease further, though at present this is not our base case.”

Goldman Sachs economists expect a total of $500 billion in residential mortgage credit losses, a renewed slowdown in economic activity after the near-term boost from fiscal stimulus, and no monetary policy … via BNET



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May 10th, 2008

Speaker’s friend registers as lobbyist after flap

A friend of House Speaker Salvatore DiMasi has registered as a lobbyist after causing a flap by helping ticket brokers push a bill through the House that lifts restrictions on their business. via Boston.com



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May 10th, 2008

Extra mortgage payment can be simple, cost-free (Seattle Times)

Q: My wife and I want to pay our mortgage biweekly ? instead of monthly ? with a personal check. The lender insists, however…

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May 10th, 2008

Fall in house sales hits builders, estate agents and mortgage brokers (Times Online)

Spring weather may have arrived, but cold winds continue to blow through the housing market. Mortgage brokers are finding there is no longer much for them to broker and are feeling the pinch.

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May 10th, 2008

Mortgage fraud bill proposed (Gloucester County Times)

TRENTON Legislation aimed at curbing mortgage fraud has been introduced by fourth district Assemblymen Paul Moriarty and Sandra Love. The bill (A-2679) would make residential mortgage fraud a crime punishable by up to five years in prison and fines of up to $15,000.

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May 10th, 2008

House Passes Mortgage Relief Bill (The Morning News)

WASHINGTON - The House last week responded to the nation’s mortgage crisis by passing a package of bills that aim to rescue homeowners facing foreclosure while stimulating real estate markets.

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May 10th, 2008

Count to five before you send mortgage payoff (The Tennessean)

Many people look forward to the day they own their homes free and clear, but gathering the money to pay off the mortgage is only part of the process. Make sure all the paperwork is in order.

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May 10th, 2008

Homeowner’s Hopes Ride With State Mortgage Reform (Hartford Courant)

Lisa Murzin-Pelcz is in the final stages of foreclosure, and could lose the house she has lived in for 12 years when court proceedings start on June 10. Her hopes ride with a mortgage reform and bailout bill the state legislature passed on Wednesday.

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May 10th, 2008

Greeley hosts mortgage-aid forum (Denver Post)

A Mortgage Assistance and Information Forum will take place Monday at the Greeley Recreation Center, 651 10th Ave. in Greeley, to help borrowers struggling with their mortgage payments.

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