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At a time when most people are struggling, major banks that have obtained taxpayer monies through bailout programs have decided to "help" the consumer by lowering credit limits and increasing interest rates. Isn't it ironic that banks such as Bank of America, Citicorp., HSBC, etc., which have obtained so much of our money to cover their screw-ups, now want to turn the screws on the consumer even further than they have in the past? ...more
April 8, 2009
Mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly application survey. ...more
December 4, 2008
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