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Lenders slash prices to dump foreclosures, days of multiple offers return...
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By April, 2009, hundreds of thousands of option ARM mortgages will begin resetting, bringing on a fresh wave of foreclosures...
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Foreclosure prevention is a messy business - more art than science. Here, an inside look at why some people get a loan workout and others don't....
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If you're putting your home on the market, you may want to rethink those plans to bump out the kitchen or add an extra bath....
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Mortgage buyer chief Richard Syron tells shareholders the company's earnings will grow 15% to 20% this year, but not before taking $6 billion hit from bad mortgages....
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Despite recent announcements that the chain had seen growth in the last year, reports now indicate that the two Virgin Megatore's in New York will be closing during the first quarter of 2009....
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The sellers are Joy and Leonard Toboroff, the 74-year-old vice chairman of a Houston-based oil/gas-drilling outfit named Allis-Chalmers Energy. They got the place a few years ago from Tom Freston, the felled MTV and Viacom chief....
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Some real estate agents are coping with $4-a-gallon gas by changing their driving routines and scrutinizing prospective clients to make sure they're serious about buying or selling....
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Nancy Chemtob, a divorce lawyer in Manhattan, has found that her days have become crammed seeing clients, all worried about how an economic downturn will affect their marriages....
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Academy Award-winning actor Philip Seymour Hoffman and his longtime girlfriend and baby(ies) momma, Mimi O’Donnell, reportedly have gone to contract to buy a three-bedroom co-op loft unit in Manhattan’s West Village area that had been listed for $4,400,000....
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President Bush acknowledged the economy’s troubles Friday and said the big increase in the unemployment rate last month is consistent with the slowdown....
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The three top credit rating agencies struck a pact with New York's attorney general on Thursday to change the way they charge fees for reviewing mortgage-backed securities, the latest development in a probe into the U.S. home loan industry....
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The chances of the U.S. economy falling into a recession are 95 percent, an economist said at a real estate conference Thursday....
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The association that represents the rent-to-own industry said it's happy to work on increased regulation with U.S. Sen. Charles E. Schumer, who attacked the businesses Wednesday for allegedly deceitful practices....
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Elected officials and housing advocates are calling on the city to shut down hundreds of illegal hotels. ...
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Stan K
on
11 August, 2008 02:41:50