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A May 16 hearing in U.S. District Court in Laredo, Texas, should finalize a settlement between Los Angeles-based KB and homeowners represented in a class action filed in 2003. Janet Ahmad, president.

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Mortgage broker vs. mortgage banker: Who offers the best mortgage rates? When you’re shopping for a home loan, you have two main sources of money – the mortgage broker and the bank (also called a "direct lender" in the mortgage industry). One might be better than the other for you.

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