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Houses for sale stand vacant  Steve and Debbie Lombel put their four-bedroom Colonial in Odenton on the market in May, figuring it could take maybe four months to sell a house in the mid-$800,000 range.Commentread


Prospering on Periphery of the Real Estate Boom  To say that Tom Blakeley has exquisite timing would be understatement. Two years ago, he founded American MoldGuard in Irvine, Calif., to sell a material that prevents mold from forming


AIG's subprime unit offered inappropriate mortgages, U.S. says  "Some loans were due to reset in some way, and our concern was that a lot of folks would not be able to pay the higher rate and would enter


Spitzer to probe mortgage lending  New York Attorney General Eliot Spitzer has fired his latest salvo, launching a preliminary probe into mortgage lending practices at eight major banks in the state, including HSBC Bank USA.via


UnitedHealth-PacifiCare merger panned over millions in exec pay  State Treasurer Phil Angelides, senior advocates and others urged state HMO regulators to reject a proposed merger between health insurers PacifiCare Health Systems and United Health Group, unless the companies


Kenneth Harney: Lawmakers show little urgency in mortgage grief (Arizona Daily Star)  Thousands of Americans may be losing their homes to foreclosure or facing hefty mortgage payment resets, but Congress appears to be in no rush to offer help.read more...

October 23rd, 2007

Griffin Family Feud Puts Florida’s Future in Cross Hairs

LABELLE | It was a family fracas fit for tabloids, featuring larger-than-life characters and spoils worth hundreds of millions of dollars. Nearly seven years ago, the descendants of citrus and cattle baron Ben Hill Griffin Jr. wrangled over his fortune. A courtroom battle settled how the empire would be split, but not before the public got an inside look at the pettiness and greed of one of the state’s most prominent families.



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