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Mortgage applications surged last week, coming mostly from borrowers looking to refinance at sharply lower rates after the Federal Reserve unveiled plans to buy Treasury bonds and mortgage-backed securities. ...more
March 26, 2009
Our Congress had a field day this week grilling the CEO of AIG, Edward Liddy, and making hay about bonuses that the company paid to some of its executives from bailout money. ...more
March 21, 2009
After two years at the top of the heap, Florida no longer holds the distinction as the nation's top fraud spot. Rhode Island made its first appearance to lead the list, which covers 2008. ...more
March 17, 2009
rhode island tops mortgage fraud lsit ...more
March 16, 2009
Firearms Foresight While it seems other readers found irony in placing a large ad for gun sales in a paper whose headline included at least two horrific examples of gun violence, I found the ad timely and appropriate. ...more
March 16, 2009
Please sit down while reading this. We have identified a promising sign in our local economy. Everyone's been looking for something positive and although it's small right now, it's something to make us feel good about, and we all desperately need that these days. ...more
February 27, 2009
President Barack Obama is expected to roll out a plan today meant to keep struggling families from losing their homes. ...more
February 18, 2009
A local company is sponsoring workshops for troubled homeowners to teach them how to modify their home loans and save their houses from foreclosure. ...more
February 15, 2009
A local company is sponsoring workshops for troubled homeowners to teach them how to modify their home loans and save their houses from foreclosure. ...more
February 14, 2009
Untangling the meltdown of the home loan industry could take years, but a clue lies in the way banks handed money to people like David William Earley. Earley owes more than $377,000 in child support and claimed poverty in court. His ex-wife has been trying to collect for 19 years on behalf of the couple's four children. His current wife said he hasn't worked in years. But none of that got in the way of a $125,000 home loan Earley and his wife Christina obtained in November 2006, or the $189,000 refinancing they secured in June 2007. ...more
February 11, 2009
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