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Famed Poinsettia Family Wants to Sell to Developers  A posh San Diego suburb is roiled as one of its founding families -- and one of the nation's largest poinsettia growers -- plays political hardball trying to cash in


Smaller banks boost share of home loans MORTGAGE (The Florida Times-Union)  The mortgage meltdown has mauled mortgage lenders and some banks who, in a housing-boom induced frenzy, handed out money to homeowners with iffy credit. Having smelled blood, smaller banks -


Ottawa eyes privatization of CMHC  The federal government is quietly testing the waters about privatizing the national housing agency, Canada Mortgage and Housing Corp.Commentread more...


Industry dismay at interest rates rise  THE Bank of England delivered a blow to industry yesterday as it raised interest rates a quarter percentage point to 4.75 per cent, in a pre-emptive strike against rising inflation.read


Sentencing delayed for five in Miss. mortgage scheme  Sentencing has been delayed for five people who pleaded guilty Jan. 13 to federal charges of obtaining fraudulent mortgage loans totaling almost $2.8 million.read more...


Calif. mortgage co. to expand in N. Texas (BizJournals)  A California mortgage banker is expanding into North Texas.read more...

October 31st, 2006

Operation Design’s mission: Redecorate

There are two ways Tricia Dyal could deal with her husband’s combat deployment: hide in her bedroom, or redecorate it.
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October 31st, 2006

RenovationExperts.com Releases Pre-Holiday Home Improvement Survey Results

RenovationExperts.com, a national home improvement network of remodeling contractors and a division of Website Pros, Inc.
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October 31st, 2006

Do it yourself?

Mistakes happen. When it comes to home improvement projects, mishaps can easily occur no matter how simple the projects may seem.
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October 31st, 2006

Home Improvement Ideas

Struggling to think of new ways to spruce up your home? Think the place needs a good make over? Well you have to get some good ideas; maybe you could get some from friends and family?! But make sure that when …
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October 31st, 2006

Fitch Rates Prime Mortgage Trust, $514.8MM Mortgage P-T Ctfs, 2006-DR1 (Business Wire via Yahoo! Finance)

NEW YORK——Prime Mortgage Trust, mortgage pass-through certificates, series 2006-DR1 are rated by Fitch Ratings as follows: $514,831,057 privately offered classes I-A-1, I-A-2, I-PO, I-X, I-R, II-A-1, II-A-2, II-PO, II-X, and II-R, ‘AAA’ .

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October 31st, 2006

New York Mortgage Trust Engages Financial Advisor to Explore Strategic Alternatives (PR Newswire via Yahoo! Finance)

New York Mortgage Trust, Inc. announced today that, in response to recent unusual market activity and inquiries received by the Company, the Company has engaged Milestone Advisors, LLC as its financial advisor to assist it in the review and exploration of its strategic alternatives.

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October 31st, 2006

Fitch Rates Citigroup Mortgage Loan Trust $943MM 2006-AR7 (Business Wire via Yahoo! Finance)

NEW YORK——Citigroup Mortgage Loan Trust Inc.’s mortgage pass-through certificates, series 2006-AR7, are rated by Fitch Ratings as follows:

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October 31st, 2006

British house prices up 0.7% in October, says Nationwide

LONDON: House prices in Britain rose 0.7 per cent in October, for the eighth consecutive month, according to a report by Nationwide Building Society.
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October 31st, 2006

Village church burns mortgage (Hot Springs Village Voice)

Woodlands Presbyterian Church burns its mortgage ahead of schedule.

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October 31st, 2006

Confused by all the Mortgage Options? Here’s Help (Arkadelphia Daily Siftings Herald)

(ARA) – Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.

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