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Bank offers cash incentive to switch mortgage (Irish Examiner)  Home owners were today given an added incentive to shop around for the best mortgage offers as National Irish Bank promised to pay consumers who switch ?1,000.read more...


11 arrested in mortgage fraud schemes (Miami Herald)  In the first round-up of suspects under a new campaign to crack down on home loan fraud in Miami-Dade County, 11 people -- brokers, borrowers, sellers and title agents, were


The unofficial agent  Principal-agent law tends to evoke some rather odd outcomes in many Texas lawsuits, even those that involve application of the holder-in-due course principle.read more...


Man sentenced to 2 years in prison for mortgage scam (KSHB-TV Kansas City)  KANSAS CITY, Mo. (AP) -- A Kansas City real estate appraiser was sentenced to two years in prison for mortgage fraud. Phillip Thomas pleaded guilty last year to conspiracy, wire


Business  The Business Gold Card From American Express. No preset spending limit. No finance charges.read more...


Macquarie's banking and property chief resigns  The millionaire factory is losing one of its top executives. Bill Moss, the banking and property group head at Macquarie Bank, announced today he would be leaving after 22 years

May 14th, 2007

Housing starts to slow this year as mortgage costs rise and demand slips (CP via Yahoo! Canada News)

OTTAWA (CP) – Canada Mortgage and Housing Corp., says the housing boom will slow this year, predicting starts will ease to 213,425 units after reaching 227,395 units in 2006.

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