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Investor Ross buys H&R Block mortgage service unit (Reuters via Yahoo! News)   Billionaire investor Wilbur Ross, who made his fortune making bold bets on distressed industries, is buying H&R Block Inc's mortgage servicing business for $1.1 billion amid the worst market


Bachelor's pad becomes retreat for man and dog  Alex, the consummate bachelor, loves to entertain in his spacious home. But when it came to decorating his large bedroom he wasn't sure how to banish its bare-bones bachelor appearance.via


Mortgage Industry Job Losses May Rise With Interest Rates (Los Angeles Times)  With refinancings declining, layoffs at Ameriquest could be followed by tens of thousands at other companies, experts say.read more...


When is the time to get mortgage preapproval, run credit check? (Market Watch)  Some sellers -- and many real estate agents -- won't even bother showing houses to someone who is not preapproved for a mortgage.


A Knotty Growth Spurt for Ivy City   Ivy City is changing. The neighborhood of rowhouses and small apartment buildings tucked behind the old Hecht's warehouse off New York Avenue NE has a contractor remodeling or building on


Mortgage meltdown under a microscope (Minnesota Public Radio)  Midday examines the mortgage crisis with Cheryl Peterson, manager of the Foreclosure Prevention Program at Twin Cities Habitat for Humanity, and tells the step-by-step story of one woman's financial fall.

September 28th, 2007

Mortgage woes taking a toll (The Record)

Home sales dropped in August for the sixth month in a row, reflecting the recent mortgage crunch, the National Association of Realtors reported Tuesday. And the NAR said it expects similar results for September.

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