foreclosures: ATTORNEY GENERAL LORI SWANSON SUES SIX MORTGAGE "FORECLOSURE CONSULTANTS" FOR VIOLATIONS OF MINNESOTA CONSUMER PROTECTION LAWS - 05/13/08 10:56 AM
I came across this and I thought this was interesting from www.mortgagefraud.org
Minnesota Attorney General Lori Swanson today filed six new lawsuits in Hennepin County District Court against foreclosure consulting companies that charged Minnesota homeowners up to $2,375 to save their homes but failed to provide promised assistance that would help … (0 comments)

foreclosures: Well, Well, Guess What?.... - 05/08/08 10:41 PM
Lookie hear what the house passed,
The U.S. House of Representatives on Thursday approved legislation to create a $300 billion mortgage-insurance fund and provide billions more in homeowner aid to stabilize a housing market shaken by a wave of foreclosures and a credit crunch.
The string of bills written by Democrats, the … (9 comments)

foreclosures: Although the feds cut rates, why are mortgage rates creeping up? - 04/13/08 01:16 PM
Bouncing Mortgage Rates
What happened is that mortgage rates jumped by three-quarters of a percentage point in a matter of weeks - reversing a sharp drop that began in the middle of last year.
Here's Mr. Bernanke's answer to Congressman Guiterrez from the Congressional hearing:
"Even as the Fed has lowered interest rates, and … (1 comments)

 
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