Archive for January, 2007

The Fed keeps the rate at 5.25%

With the economy “likely to expand at a moderate page” over the next few months the Fed voted today to keep the short-term federal funds rate at 5.25%. See this press release. Technorati Tags: Fed Funds Rate, Prime Rate, Ben Bernanke Social Bookmarking

Is your real estate agent a perfect match?

Shoping for a real estate agent?  Check out this list of questions to ask.  Getting the right agent for you can be the difference between a successful transaction and living in stress and anger while you buy your next home.  Getting a professional agent who is a good match for you doesn’t cost you a [...]

Two of Five know the source of the crime!

According to this article on Government Technology, two out of five identity theft victims know how their personal data was stolen according to a survey by the Identity Theft Assistance Center.  The survey was of just 275 victims so the sample is pretty small considering some quote there are as many as 1,000,000 victims of [...]

State orders MLN to stop lending in Connecticut

According to this story on WTNH the Connecticut Department of Banking has suspended the lending licenses of Mortgage Lenders Network.  They had previously voluntarily agreed to do so, but this puts this agreement in writing. Technorati Tags: Mortgage Lenders Network, Connecticut Department of Banking Social Bookmarking

Ouch! 6% early default!

Fremont Investment and Loan has the dubious distinction of being the lender with the highest early default rate for 2006…  Ouch, that is one list to not be on the top of! Being smart they have made corrections and pink slipped 8000 brokers who were “highly correlated” to the sudden rise in defaults and gotten [...]