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October 30, 2008

Home Equity Loan - Subprime meltdown culprits - Los Angeles Times

Filed under: Refinance Home Loans — Administrator @ 3:21 pm

Subprime meltdown culprits - Los Angeles Times
As the cost of Wall Street’s credit crisis has mounted, the hunt for villains has intensified and the accusations of fault have widened. At first the focus was on greedy profiteers among lenders and investment bankers, who were an easy (and deserving

Dear Alpha Consumer, - US News and World Report
I own my home with my husband. Our mortgage balance is $135,000. We also have $30K in credit card debt, which is where the big problem is. The interest is killing me, and I cannot make a dent in the balances. I no longer use these cards as I am

As mortgage rates drop, some consider refinancing - WCNC
CHARLOTTE, N.C. — Rates on a 30-year fixed loan are at the lowest level in the last five weeks. Last week the rate was 6.46 percent. That fell to a new low this week of 6.04 percent. That has people frozen in their homes by dropping prices, thinking

Calif mortgage defaults drop as new law takes hold - San Diego Union-Tribune
SAN FRANCISCO The number of home loan default notices filed in California in the third quarter fell 22.5 percent from the second quarter, the first decline in three years, likely because of a new law affecting foreclosure procedures, a report

European Bonds Rise as Regional Services, Manufacturing Shrink - Bloomberg
Oct. 25 (Bloomberg) — European government bonds climbed as stocks tumbled and an industry survey showed the region’s manufacturing and service industries shrank for a fifth month in October as the 15-nation economy slides toward a recession. Two

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