Iraq signs initial deal to develop Akkas gas field

An Iraqi official says South Korea's KOGAS has signed a long-delayed deal to develop a promising western gas field.

http://www.wthr.com/story/14775688/iraq-signs-initial-deal-to-develop-akkas-gas-field?t=2011-06-01T08:13:04Z

Yahoo ready to deliver on promise to upgrade email

Yahoo's popular email service is getting a long-promised facelift.

http://www.wthr.com/story/14703765/yahoo-ready-to-deliver-on-promise-to-upgrade-email?t=2011-05-24T08:05:09Z

Lafayette Square shows signs of new economic life

One of the most diverse parts of the city is also seen by many as one of the most forgotten, but that is about to change.

http://www.wthr.com/story/14674905/plans-to-revitalize-lafayette-square?t=2011-05-19T06:19:34Z

Amazon planning 3rd Indiana distribution center

Amazon.com is going to open a third large distribution center in central Indiana this summer.

http://www.wthr.com/story/14597802/amazon-planning-3rd-indiana-distribution-center?t=2011-05-09T09:52:54Z

Obama talks clean energy, gas prices in Indianapolis

President Obama has arrived in Indianapolis to talk tough about rising gas prices and the automotive industry.

http://www.wthr.com/story/14584907/president-will-tout-alternative?t=2011-05-06T13:04:44Z

Tornadoes shut Mercedes, other southern automakers

The devastating tornadoes that swept across Alabama and other southern states Wednesday caused widespread power outages.

http://www.wthr.com/story/14539226/tornadoes-shut-mercedes-other-southern-automakers?t=2011-04-29T07:41:23Z

Refinancing Homes Just Got Safer with Nee Mortgage Industry Reform

Whether you are buying a new house or looking to remortgage your current house, changes in the mortgage industry means getting a loan affects you. While some naysayers worry this will have a negative impact on the housing market, the changes are there to protect homebuyers from predatory lenders. Be on the lookout for three key things to protect yourself and you will see the changes make the housing market a better place for everyone.

#1 The Application Loophole – The application loophole is still in place but it is still nothing scary. Application fees are still charged by legitimate and illegitimate places alike. The one thing you need to be aware of is you do not need to feel pressure to stay with a place just because you paid the application fee. You can back out at any time if you find a better lender or you just do not like the company.

#2 Ask About the Safe Act – The Safe Act means writers of loans cannot write the loan unless they pass a test. Therefore, do not even bother paying the application fee until you find out if the writers have passed the Safe Act test. It will make selecting a lender much easier or at least finding the fraudulent ones much quicker. In any case, you will know who is capable of writing a loan and who is just acting as a representative.

#3 Changes in the Good Faith Estimate – The most important change is the Good Faith Estimate changes. In January of 2010, changes were made. Basically, homebuyers were given more time to make decisions and lenders were required to give quicker notice. All of this was done so you did not find out of changes at closing.

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