Internet glitch exposes taxpayers' data

Article Abstract:

H and R Block Inc has taken its tax preparation program offline since Feb 14, 2000, because of a problem that has allowed some of its clients' financial information to be available to others. The company, which has about 300,000 users for the online tax preparation site, cited nine cases that prompted the shutting down of the program. H and R Block said that the problem occurred after a programmer tried to increase the site's response time.

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Fannie Mae tries out zero-down mortgages

Article Abstract:

The Federal National Mortgage Assn, a goverment-chartered private corporation, has begun purchasing home loans that cover 100% cost, spurred by demands from lenders who are its clients. The practice of purchasing zero-down mortgages will only be implemented by the company on a limited, trial basis with a select group of lenders, which the company is yet to disclose.

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Home sales rocket on low-interest fuel

Article Abstract:

The author examines the steady increases in home purchasing. Topics include U.S. economic conditions, home buying, fixed and adjustable rate mortgages and the surveys of the real estate industry.

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