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Calif.'s housing bubble is built on risky loans  Turns out that we old fogies in California have been asking the wrong question as we look, aghast, at what's become of housing prices.read more...


New Mortgage-Backed Securities ETF Introduced (SeekingAlpha via Yahoo! Finance)   Greg Newton submits: Cleantechs been a bit of a phenomenon in ETF-Land over recent months, so its nice to see that BGI Friday launched the worlds first toxic waste


Mortgage applications rise again (Detroit News)  U.S. mortgage applications rose for a fourth week in five as cheaper borrowing costs led to more home purchases and refinancing, a private report showed today.via


Taking selling your home to the next stage  A slower housing market means that sellers can no longer bank on having their pick of offers for properties that are showing their age and the wear and tear of


HBOS posts 14% rise in profit in FY2006  LONDON: Halifax Bank of Scotland Plc. , Britain's largest mortgage lender, reported a 14 per cent rise in underlying pretax profit for the year 2006, beating analysts' expectations.Commentread more...


1950s Suburb Evolves With Time    At the time it was built just east of Tysons Corner on Route 7, Pimmit Hills was Fairfax County's largest subdivision. Photos from the 1950s show bare land, cleared

December 5th, 2006

Wall Street Breakfast for Dec. 6, 2006

The service sector of the U.S. economy grew faster than analysts expected: According to figures released Tuesday by the Institute for Supply Management, activity in the sector rose to 58.9 in November from 57.1 …
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