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HUD reaches RESPA settlements with major lender and builders for $1.6 million  The Department of Housing and Urban Development today announced $1.6 million in settlements under The Real Estate Settlement Procedures Act with a national mortgage lender and two major homebuilders who


Construction giant formalises Indigenous agreement  One of Australia's largest building contractors has signed a memorandum of understanding with the Federal Government to hire more Indigenous workers.via


Signs of slowing in UK mortgage demand emerging - BBA (Sharewatch)  In its in-depth analysis of the mortgage market in March, the British Bankers' Association said the number of mortgage approvals for house purchase slowed to 75,098 from 85,098 a year


Thornburg Mortgage shares fall on loss estimate (Washington Post)  NEW YORK (Reuters) - Thornburg Mortgage Inc (TMA.N), a jumbo-mortgage lender pinched by the credit crisis, on Tuesday boosted its estimated loss from asset sales by 27 percent as trade


a Moving Experience: Helping new buyers sell old homes  Fred and Marilyn Pula face a dilemma that's familiar to many home-sellers in a sluggish real estate climate.read more...


Living Life Like Eloise: More Hotels Add Condos  With room costs rising, luxury hoteliers are offering condos as the growing wealthy class embraces hotel living. read more...

November 6th, 2007

Group asks Beazer to sack its CEO

“Mr. McCarthy was paid over $57 million in total compensation over the past five years, including $22 million in 2006 alone—an amount the Corporate Library reports was among the very highest for similarly sized firms”

CtW Investment Group has demanded Beazer Homes USA Inc. ’s board of directors remove President and CEO Ian J. McCarthy. via Atlanta Business Chronicle



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