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Enron, Worldcom, Bernie Madoff ? the past decade has brought us a long parade of headlines involving unethical behavior. And that's led researchers to a disturbing conclusion: The vast majority of us are not only capable of behaving in profoundly unethical ways, but without realizing it, we do it all the time. Exhibit A: the story of Toby Groves.
How much residents of each state owe on their mortgages is an interesting statistic. For the most part, residents of the states with the highest average mortgage debt are not in trouble.
MetLife Inc., the largest U.S. life insurer, said most of the 4,300 employees associated with its traditional home mortgage-origination unit will lose their jobs as the company exits the business.

Bob Williams: The morality of real people

Posted by mortgage 142 days ago (Editorial)
Almost everyone knows someone whose home mortgage is underwater. That someone could be themselves. There are still 11 million homeowners who owe more on their house than the house is worth. This is 25 percent of all home mortgages. Some in this situation have walked away even though they could make the payments. The large majority have not. For them it is a matter of principle, a moral ...
Two men and a woman have been arrested in an alleged mortgage scam that preyed on homeowners facing foreclosures in Las Vegas, state Attorney General Catherine Cortez Masto said.
INTERVIEW:The banks need to do more to resolve the problem of mortgage arrears, says Minister for Social Protection Joan Burton
Before buying a home, many people want to make sure their finances are in order, so they ask their lender for pre-approval. Sometimes that pre-approval does not turn into a closed loan, leaving the home buyer in a lurch.
The president's financial reform proposal advocates interactive web tools.

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