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To lease or to own?  Graphic designer Leslie Charpentier works at her condo office space in the Opera Galleria building Wednesday.via


Building contractors ask govt. to pay up  The construction industry says state institutions owe them about Rs. 700 mn in outstanding dues over the past year, eroding sector growth.read more...


Acquisitions help BNP's net rise 56%  PARIS BNP Paribas, the French banking giant, said Thursday that its first-quarter profit rose 56 percent from a year earlier, lifted by U.S. acquisitions, a drop in provisions for bad


Trump mortgage chief inflated resume (CNN Money)  Donald Trump may have hired one more apprentice than he thinks. When the real estate mogul launched Trump Mortgage in April, he said it would inject integrity into an industry


Rising inventory dampens home-sale climate (Reg Req'd)  Rising inventory dampens home-sale climate Part 2: Housing market flattening, but no crash Editor's note: Experts have predicted that the torrid pace of home sales and double-digit price growth would


Solomon partners bring expertise to real estate financing  It might not seem particularly newsworthy when two industry veterans start up their own enterprise in a heated-up real estate environment.via

April 14th, 2007

Mortgage brokers stung by subprime-loan criticism (The Buffalo News)

Mortgage brokers are defending themselves against accusations by politicians and consumer advocates that they are to blame for causing the meltdown in the mortgage industry by giving loans to borrowers who couldn?t afford them.

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