More mortgage endowment pain on the way - 2004-02-21
The chief executive of Standard Life has admitted that the company's decision to sell £7.5bn worth of shares will have a quick impact on the outlook its thousands of endowment customers.

Sandy Crombie - who took over as chief executive in January - told BBC Radio 4's Money Box programme that because of the change in the investment basis of the fund, more endowment customers would be warned that their investment may not clear their mortgage.
Read the full story at BBC

Green requests clampdown on home contract program - 2004-02-21
When a neighbor told her about a company that was selling houses for low prices, Antelma Nava and her husband grabbed the opportunity to stop frittering their money away on rent.

When a home is sold through a contract for deed rather than a traditional mortgage, "there's a greater risk of something going wrong if you're not dealing with a respectable seller," said University of Houston law professor Richard Alderman.
Read the full story at Houston Chronicle