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Mortgage applications slip 0.6% in most recent week (Market Watch)  WASHINGTON (MarketWatch) -- The number of applications filed for mortgage loans at major U.S. banks fell by 0.6% last week compared to a week earlier, as a decline in loans


Assabet teachers eye property for home-building class  Carpentry teachers at Assabet Valley Technical School are keeping their fingers crossed and their pencils sharp as they wait for the city's decision on a remote, wooded parcel taken by


Carlyle Group to Sell Shares to Public    Private-equity firm the Carlyle Group LP will for the first time sell shares to the public in one of its investment funds, a person familiar with the matter said


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Stage it, sell it  "It's more than quadrupled. It's leaps and bounds." A slowing housing market is usually considered bad economic news. But for CORT furniture rental, it has meant business growth.The Charlotte


Reclaiming unclaimed funds no cakewalk  Finding money is easy. Getting it from the state might not be, says Dr. Don.read more...

August 31st, 2006

Shares of Subprime Mortgage REITs Slide (AP via Yahoo! Finance)

Shares of New Century Financial Corp. and Impac Mortgage Holdings Inc. traded lower Thursday afternoon, after UBS warned the real estate investment trusts face a credit downturn due to the slowing economy and stagnating home values.

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