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Consumers who signed up were charged $1,200 -- $250 for "processing setup" expenses and $950 for negotiating with lenders and resolving foreclosure issues. Yet the company, according to the FTC, did "not stop mortgage foreclosures or save consumers' homes in all or virtually all instances."
C21GT: Disgusting. Taking advantage of people already in a desperate situation.
Updated Jun 04, 2009
   

Why is it that some homes sit on the market for a year while others sell like hot cakes? Frustrated sellers will blame a bad market, while a good real estate professional will tell you that many times, a slow sale is often attributed to the listing price.

Updated Jun 03, 2009
   
With mortgage rates at historic lows -- 4.75 percent from several lenders in mid-December -- a new legal settlement from the Federal Trade Commission offers a cautionary note for consumers, especially if they are members of minority groups: Watch out. The rates and fees you're quoted could violate federal law.
Truth in Lending Act Wikipedia entry
A good summary
C21GT: For more information, see the 2 links above. It's important to know your rights and to speak up if you worry that something is being glossed over. Ask yourself "Are they being transparent?" and "How do they handle my questions?"
Are they eager to answer your questions or trying to discourage you from asking questions??
Updated Jun 03, 2009
   

The first thing most of us think about when the time comes to take out a mortgage on a new home is the interest rate.

That’s both perfectly natural and very sensible. The rate of interest we pay can make an immense difference – a difference amounting to tens of thousands of dollars – in what the actual cost of our house ultimately turns out to be.

Updated Jun 02, 2009
   
Foxwoods had planned to build on the Delaware River waterfront in South Philadelphia but agreed last fall to consider other sites amid outcries from community residents.

The Chinatown site, though, may prove no less contentious. Casino opponents, along with residents of Chinatown and others, are fighting the plan. They say the new site — just four blocks from Independence Mall — is still too close to residential neighborhoods and would cause congestion in the historic area.

A decade ago, Chinatown residents successfully fought plans to build sports stadiums in the area.
C21GT: Just a quick update on one of the 2 casinos coming to Philly that will have a major impact on the city and the surrounding area.
Updated Jun 02, 2009
   

Home buyers are often confused about where to begin in their search for a home loan. The process is usually narrowed down to finding which institutions provide the lowest settlement costs, but the different types of lending institutions and the variety of lending programs available can make the search a slow, difficult experience.

Updated Jun 01, 2009
   
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