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New Home Sales Fall in June   Sales of new homes fell in June by the largest amount in four months while the inventory of unsold homes climbed to a record high, providing further evidence that the


Equity One Adds Three Centers  Sunpoint Shopping Center NORTH MIAMI BEACH-Locally based REIT Equity One Inc. has acquired three shopping plazas for $23.4 million.read more...


Higher rents driving rise in core CPI  Beneath the surface of the rise in core consumer prices in the last two months is a disturbing trend - the slowing housing market is pushing rent prices higher, economists


Eagan mortgage firm owner admits to $1.8 million in fraud (Minneapolis-St. Paul Star Tribune)  An Eagan mortgage company owner pleaded guilty to defrauding several financial institutions out of about $1.8 million and using some of the money to buy homes and "support a lavish


30-year mortgage rates are unchanged (Detroit Free Press)  WASHINGTON -- Rates on 30-year mortgages were unchanged in the first week of the new year after posting three consecutive increases to close out 2006. Mortgage giant Freddie Mac reported


Eatery takes you back to the (good) old days  FAIRFIELD - A popular Fairfield restaurant has transported itself back to the good old days following an extensive remodeling project that gives patrons a good feel for the eatery's rural

July 31st, 2006

? Owner of Florida Mortgage Firm Charged in a Huge Fraud Case (Turks.US)

Twenty-four people face charges in an identity theft ring where some participants, including a mortgage company owner, were involved in a mortgage fraud scheme on 180 properties.

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