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Prison sentence in theft, fraud case  A formal paralegal from Cortlandt Manor who embezzled more than $1.3 million through identity theft and mortgage fraud was sentenced yesterday to three to nine years in state prison.via


Five Home Trends We Never Saw Coming  "The first person to start snoring has to make the exit" PORTLAND : Some of the latest trends in homebuilding and remodeling were not too hard to spot. via


1 in 7 worry they'll miss mortgage payments (The Charlotte Observer)  One in seven mortgage holders worry they may soon fail to make their monthly payments, and even more fret that their home's value is shrinking, according to a poll showing


Housing Slump Threatens Jobs  The economy's growth has never before been so driven by real estate. Now that engine is sputtering. read more...


An $18 Million Dream in the Making   Jack Boyle, the Washington concert promoter whose Cellar Door Cos. built the Nissan Pavilion, plans to put his brand-spanking-new McLean dream house on the market for $18 million.via


Burelle eager to start in Aledo  Aledo's new city administrator Patrick Burelle came to town Dec. 16 to meet the employees at city hall during the office Christmas party.read more...

December 31st, 2007

BIZ BRIEFS: Mortgage defaults remain high (Sarasota Herald-Tribune)

Mortgage insurers saw defaults rise to a new monthly record in November, data published by an industry trade group shows. Mortgage insurance companies such as PMI Group Inc. and MGIC Investment Corp.

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