Trade deficit falls unexpectedly in March The U.S. trade deficit narrowed unexpectedly in March to $55 billion, the largest drop in over three years as exports rose to a record and imports from China declined, a
No time to design the ballroom or choose the fountains? $17.5 million gets you a ready-made mansion today . . . Have you noticed the empty mansions for sale? Sure, some extravagant new houses are on the market because times turned harder for the original buyers.
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3 charged in mortgage fraud scheme (Detroit Free Press) A former Detroit cop and a city property appraiser have been indicted in a multimillion dollar mortgage fraud case, the U.S. Attorney's Office said today.read more...
Wall Street falls on mortgage unease (AP via Yahoo! News) Wall Street fell Monday, led by financial services stocks, on concerns that the U.S. economy's expansion will erode amid troubles in the mortgage industry.read more...
General Assembly creates new residential mortgage fraud felony (The Daily Comet) RALEIGH, N.C. The General Assembly agreed Monday night to legislation designed to make it easier to prosecute residential mortgage fraud in North Carolina by defining the practice and punishing, in
KB Home CEO resigns in wake of scandal The resignation of KB Home Chairman and Chief Executive Bruce Karatz in the wake of a stock options scandal leaves the company without the man who built it into one
Ivy City is changing. The neighborhood of rowhouses and small apartment buildings tucked behind the old Hecht’s warehouse off New York Avenue NE has a contractor remodeling or building on nearly every block. “Slowly things are being built or renovated,” said Jeannette Swanson, who has lived in Iv…

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