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Home Depot warns of earnings shortfall as capex to rise 29%  Home Depot Inc. cautioned Wednesday that fiscal 2007 earnings would fall below Wall Street's expectations as the retailer lifts capital spending by 29% to invest in stores and associates while


Bubble or not, high home prices can hurt  Pamela Harness has never seen the market this hot. The Phoenix-area real estate agent's clients include a couple who made a $150,000 profit by reselling a house they held for


There's Money in Political Collectibles  Political collectibles traditionally have gone up in popularity and price each year that there's a presidential election. But there's so much interest in politics now that collectors are buying at


Common language can bilk consumer  Ispeak your language. Now, may I rip you off?" Everyone appreciates a familiar face or voice, especially in new surroundings.read more...


Refinancing to make ends meet  If you're selling the house in one year, it doesn't make much sense, says Dr. Don.read more...


Three indicted in alleged mortgage scheme (Denver Post)  A Weld County grand jury Tuesday indicted three people accused of being involved in a mortgage scheme that left "many Greeley-area families in foreclosure, reduced property values of neighboring homes

August 7th, 2007

Luminent Mortgage Capital Says Two Lenders Sent Default Notices (Bloomberg.com)

Aug. 8 (Bloomberg)—Luminent Mortgage Capital Inc., the mortgage investment company that canceled its dividend after bankers demanded more collateral, received default notices from two unnamed ``repo lenders.’‘

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