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Home prices at snail's pace  Both Colorado and the Denver area rank near the bottom of home appreciation, according to a federal, first-quarter report released on Thursday.read more...


Developers push to build on Palm Beach County's scarce oceanfront land  The push for oceanfront luxury on Singer Island has signaled checkout time for the Rutledge Inn.via


More Than 400 Held in FBI Mortgage Sweep (NPR)  The FBI says it has arrested more than 400 people in the last three months on charges related to mortgage fraud. Agents have arrested real estate agents and others. On


Real estate builders hit stock snag  Major home builders are expected to report another quarter of stellar earnings this week.read more...


Increase in no down mortgages causing concern about housing market  An increase in the number of people be approved for mortgages with no down payment is causing more concern about California's housing market.Commentread more...


Kohl's coming to Richland  By now, you've likely seen the commercials that have been airing on Tri-City TV stations for months.Commentread more...

November 3rd, 2007

Beijing’s bank defines “second” mortgage (People’s Daily)

The Bank of Communications (BOC)’ Beijing branch has recently given its own definition of a “second” mortgage, which will base on the house property of the applicant rather than the applicant’s family. “In Beijing, we will examine …

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