El Paso Isd Taking Heat
Texas state Sen. Eliot Shapleigh is asking for a state audit of the El Paso Independent School District following the latest guilty plea in an ongoing public corruption scandal. via Lubbock Avalanche-Journal
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Investors force mortgage firm into involuntary bankruptcy (BizJournals) A San Jose high-risk mortgage lender and its highest-ranking officer have been pulled into involuntary bankruptcy proceedings in San Jose federal court amid allegations of fraud involving millions of dollars
Weakening Housing Sector a A Case in Point J.D. Steinhilber submits: Evidence is accumulating that in a number of cities where housing had appreciated the most, sales activity has declined sharply, the inventory of unsold homes is up
'I can't go back in' "This home will not be restored. There's no reason to risk it again." MIAMI, Okla. - Cheri Hernon says it's not worth moving back. The Miami resident returned to
Wood flooring goes 'GREEN' Home building has gone green. Environmentally conscience consumers are driving builders and home product manufacturers to emphasize environmental responsibility.Commentread more...
30-year mortgage rates jump (Contra Costa Times) Rates on 30-year mortgages jumped to the highest level in 21/2 years this week, driven higher by inflation worries in financial markets. Mortgage giant Freddie Mac reported Thursday that rates
Lean Years May Mean Mortgage Bank Mergers (AP via Yahoo! News) The last four years will likely be remembered as a gilded age for anyone in real estate, especially mortgage bankers. But with interest rates rising, the industry is preparing
August 21st, 2007
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