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Polk Home Sales Worst Since '99  LAKELAND | The housing market didn't save any surprises for December, as sales totals fell again to cap off the weakest year in Polk County since 1999. more» read more...


Briefing: Bernanke backs limits on mortgage lenders (International Herald Tribune)  Bernanke backs limits on mortgage lendersread more...


Raising cash proffers a bad idea? Group says yes (Reg Req'd)  False. Misleading. Exaggerated. Disingenuous. Chesterfield County Administrator Lane B. Ramsey used those words yesterday to describe an advertising campaign by the Home Building Association of Richmond.read more...


Wells Fargo Profits From New Law  Wells Fargo & Co.'s fourth-quarter profit rose 8 percent as the nation's fifth largest bank adjusted to slacker demand for home mortgages and a recent change in federal bankruptcy law


Millville Planning Board approves business condo  Riverview Commerce Center, a proposed $2.1 million mixed-use professional/retail building to be located on Main Street, between High and Bucks streets, received final site plan approval from the Planning Board


Housing key to area's economy (Reg Req'd)  Inland Southern California's surging real estate prices have done more than create hefty equities for hundreds of thousands of homeowners.read more...

February 28th, 2008

Proposed mortgage aid would do harm: Paulson (Reuters via Yahoo! News)

Plans for sweeping federal programs that would aid troubled mortgage borrowers would bring unfair relief to speculators and reward investors who made bad bets, Treasury Secretary Henry Paulson said on Thursday.

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