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Sales of New Homes Post Gain in November   Sales of new homes rose in November while the backlog of unsold homes fell for a fourth straight month, providing hope that the serious slump in housing could be ending.Commentread


Crypton's Super Furniture debut  Here's a super development in the world of furniture. Crypton, developer of the no-muss, no-fuss Super Fabrics that are resistant to spills, stains, mold, mildew, bacteria and odors, has launched


R&G Financial Mortgage Unit Status Reinstated Pending Appeal (Nasdaq)  R&G Financial Corp. (RGFC) said a law judge with the Department of Housing and Urban Development was ordered to reinstate R&G Mortgage unit's lender status, pending the outcome of an


Remaking Southeastern Fairfax    On the morning of Sept. 29, a tour bus chartered by the Fairfax County Economic Development Authority pulled into the parking lot of Smitty's Building Supply, a lumberyard catering


Housing decline to continue  PRODUCTION DECLINE: Town houses stand along Gilman Road in El Monte. According to a study released Thursday, home building will level off this year as developers scale back production in


Weekly Home Mortgage Rates (AP via Yahoo! News)   Weekly Home Mortgage Ratesread more...

April 7th, 2008

Mortgage Brokers Chafe At Proposed Fed Rules To Curb Abuses (Nasdaq)

Plenty of parties share blame for the housing crisis, but one of the most maligned groups has been mortgage brokers, who critics claim pushed thousands of homeowners into expensive mortgages they should have never been given.

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