Mortgage insurance write-off floated - 2004-02-15
To deduct or not to deduct? Congress is about to deal with that question for an estimated 12 million-plus American homeowners who pay either FHA or private mortgage insurance premiums every month.

With a bipartisan list of 161 cosponsors in the House, a companion bill in the Senate and strong support from a diverse political coalition of business, labor and public interest organizations.
Read the full story at Los Angeles Times

Concerns over equity release loans - 2004-02-15
A scheme which permits homeowners to access cash from their home could become the next mis-selling disaster, a consumer group has warned.

From October 2004, the FSA will regulate mortgages.

While mortgage based products, including some equity release plans, will fall within its remit, the rules will not cover home reversion schemes.
Read the full story at BBC