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Bankruptcy? Tougher Than Counseling a Soprano  IN 1999, the debut of "The Sopranos" placed Lorraine Bracco, the actress who plays Tony Soprano's psychiatrist, on a trajectory that has made her a household name.read more...


Mortgage rules could be strengthened (AP via Yahoo! News)   Federal Reserve Chairman Ben Bernanke says the central bank is considering tougher rules to crack down on abusive practices by mortgage lenders. But he says the economy should escape


Far-flung exurbs hard hit by housing downturn  While the housing downturn has depressed once-thriving real estate markets around the nation, far-flung suburbs of major cities have suffered the most abrupt market correction.Commentread more...


Mortgage defaults rise in state (The Monterey County Herald)  The number of California homeowners who received mortgage default notices increased in the first quarter to the highest level in more than two years, a real estate research firm said


Sentry Select Capital Corp. Closes Offering for Sentry Select FIDAC U.S. Mortgage Trust (Business Wire via Yahoo! Finance)   Sentry Select Capital Corp. is pleased to announce that Sentry Select FIDAC U.S. Mortgage Trust , a closed-end investment trust established under the laws of the province of Ontario,


Ontario moves to crack down on mortgage fraud (CTV.ca)  Ontario announced plans Friday to increase mortgage fraud penalties and urged Ottawa to amend the federal criminal code to protect homeowners.read more...

June 10th, 2005

Investors Reposition Amid Uncertainty of Real Estate

Using a deliberate buy-and-sell strategy, the former investment banker now owns 600 units in seven properties, after selling 20 apartment buildings over the past five years worth about $50 million.

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