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Canada's first 'wireless' hospital  The new Royal Ottawa Hospital will be the first "wireless" hospital in Canada, with doctors using laptop computers that don't have to be plugged in and nurses no longer having


CMHC announces plans to offer mortgage insurance for interest-only loans  The Canada Mortgage and Housing Corp. now offers mortgage insurance for interest-only loans.read more...


Overcoming First-time Homebuyer Frustration  read more...


States targeting foreclosure rescue scams  After Ivan Eicher lost his job, he and his wife Delores fell several months behind on their house payments.Commentread more...


Housing boom  But he now expects he will end up settling in the Blackman or Cason Lane area. Big Fella said he can get more house for his buck in those areas


Housing price boom unsustainable (Reg Req'd)  Things have never been better for homeowners in many parts of the United States.via

February 10th, 2008

Unpaid Wage and Overtime Lawsuit Filed Against American Equity Mortgage on Behalf of Loan Officers by Nichols Kaster & … (Marketwire via Yahoo! Finance)

On February 7, 2008, loan officers filed a nationwide putative collective action overtime lawsuit against American Equity Mortgage. The suit was filed in the United States District Court for the District of Minnesota. Plaintiffs allege that American Equity Mortgage violated the federal Fair Labor Standards Act by misclassifying its loan officers as exempt from overtime pay. The suit was started …

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