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Buying spree threatens to burst property price bubble  Real estate purchases have flourished with the ample flow of money from lenders, due to historic low interest rates and a shying-away from investing in the stock markets.via


Mortgage firms feel pinch (Chicago Tribune)  Ameriquest Mortgage Co.'s recent decision to slash 1,500 jobs is the start of a national shakeout in the home-loan business--one that could cost tens of thousands of workers their jobs


Britain to Nationalize Northern Rock   "Taking into account the wider considerations, I've concluded this is the right approach" Treasury chief Alistair Darling said Sunday that struggling bank Northern Rock PLC will be nationalized after


Designing for the real world  There couldn't be a more real world for Natalia Lobregat, Kat Bautista and Cheryl Co when they go out there after they clinch their degrees from the Philippine School of


For many Downtown residents, anchors are the home improvement issue  It's not uncommon to see scaffolding, dumpsters and construction crews surrounding Downtown residences daily.via


Jail for mortgage fraud millionaire (icWales)  A multi-millionaire property dealer who launched an empire using fraudulent mortgage applications was jailed today for two years.read more...

May 31st, 2006

The good, the bad and the ugly: LoanIQ evaluates appraisals (Reg Req’d)

Technology aids lenders in fraud fight Using a system that could be described as “the good, the bad and the ugly,” First American Real Estate Solutions ’ LoanIQ evaluates loans to help mortgage lenders avoid …

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