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Senate passes curbs on mortgage scams (Chicago Tribune)  A bill that would allow struggling homeowners to back out of suspect mortgage "bailout" deals passed the Senate Monday and went to the governor. read more...


No total upgrade planned after fire at Babbitassit (Reg Req'd)  Nineteen of the 51 apartments damaged by May's seven alarm fire at Babbitassit Village on Foster Street stood vacant in mid-July, but plans are underway to rebuild at least that


FBI to Focus On Area Mortgage Loan Fraud (Washington Post)  The FBI today will launch a mortgage fraud task force in its Washington field office, joining a widening net of state and local investigators digging into the market crisis.read more...


Missoula residents salute fallen soldier  Missoulians lined the streets Tuesday for a young soldier almost none of them could possibly have known.Commentread more...


Record Level of...  Midtown Bethesda North WASHINGTON, DC-Real estate finance continues to set record trends, to no one's surprise.read more...


Plans would turn over control of hard-hit areas (Reg Req'd)  Faced with tens of thousands of heavily damaged homes in the New Orleans area, and a cloud of uncertainty about whether their owners want or will be able to repair

November 30th, 2006

Homebuilding picture better

Banc of America Securities upgraded the home building sector to “neutral” from “underweight” Thursday and raised its price targets on major builders, citing its improving outlook for traffic, affordability and …
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