I found this interesting article on The Street entitled, “What to know if your mortgage lender goes belly up”. The basic premise is that if your mortgage lender stops originating loans like over 180 already have since January 2007, you will lose everything you’ve already put into the deal. This could be appraisal fees, credit [...]
Archive | January, 2008
National Unemployment jumps to two-year high
By Associated Press WASHINGTON (AP) – Hiring practically stalled in December, driving the nation’s unemployment rate up to a two-year high of 5 percent and fanning fears of a recession. Employers last month added the fewest new jobs to their payrolls in more than four years, according to the employment report released Friday by the [...]
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