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Appraisers Come Under the Microscope    Behind the billowing housing boom in dozens of metropolitan areas around the country toils an industry under steadily increasing pressure: legions of real estate appraisers who routinely are asked


Sentencing delayed for five in Miss. mortgage scheme  Sentencing has been delayed for five people who pleaded guilty Jan. 13 to federal charges of obtaining fraudulent mortgage loans totaling almost $2.8 million.read more...


Home Depot's Third Quarter Earnings Drop  Home Depot said Nov. 14 that it had disappointing third quarter results because of the tough housing market, as CEO Bob Nardelli continues struggling to win back credibility with investors.Commentread


HUD Review: Fannie Mae Offices Misused  Mortgage giant Fannie Mae has used its regional partnership offices over the years primarily to lobby Congress instead of promoting affordable housing, the Department of Housing and Urban Development concluded


Flaherty makes economic statement  The Conservatives fired the first salvos of the next election campaign on Thursday with promises of debt reduction and tax cuts all around.Commentread more...


Firefighter Faces Fraud, Theft Charges  An Anderson Fire Department battalion commander was arrested Wednesday morning on several charges related to a side business.read more...

November 8th, 2005

Profit rises by 30% at National Australia

SINGAPORE National Australia Bank, Australia’s largest lender, said on Wednesday that net profit rose 30.1 percent, to 4.13 billion Australian dollars, as it cut costs and overhauled services as part of a …

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