Archive for November, 2007

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Subprime bailouts: Chump check

Responsible loan payers are crying foul about the breaks that delinquent borrowers are getting.
Not everyone is happy about mortgage lenders’ latest efforts to help troubled borrowers.
Take Teresa Nelson. Instead of going for an adjustable rate mortgage with its lure of low initial rates, she opted for the security of a 30-year fixed at 7.10 percent […]

Preying on investors’ subprime fears

When market manipulators sense weakness, they make their move and make tons of easy money. Here are four recent examples of insiders winning at the expense of everyday investors.
Whenever investors get a bad case of the jitters because intense fears grip a sector, you can bet that scam artists will come out of the woodwork […]

Get the dirt on a neighborhood

Online tools and blogs let would-be home buyers get unvarnished information about the areas where they’re looking, from the people who already live there.
Before leaving Atlanta for a new job in Rochester, N.Y., Kodak executive Steve Jean made plans to see a restored 19th-century mansion just outside of downtown. He knew the numbers — 4,600 […]

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