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07/21/2006 Saudi prince selling Aspen estate for $135 million
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A Saudi prince is selling his sprawling home in the Aspen, Colo., area for $135 million -- the highest list price for a U.S. home.
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07/21/2006 Three indicted in $12 million foreclosure scam
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Two Southern California women and one man were indicted Thursday by a federal grand jury for their alleged roles in a $12 million foreclosure scam in which homeowners who were in default on their mortgages were promised refinancing, but ended up having their homes sold to others after the equity had been skimmed.
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07/21/2006 Austin home sales jump 21%
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Single-family home sales in the Austin, Texas, area posted a sixth consecutive month of double-digit growth in June and set a record for the month, according to latest Multiple Listing Service report from the Austin Board of Realtors.
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07/21/2006 Real estate brokerage opens door for FSBO listings
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CataList Homes, a real estate brokerage company based in Southern California that offers low-cost real estate services for buyers and sellers, is opening its Web site to for-sale-by-owner property listings.
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07/21/2006 Overnight real estate rates slip
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Long-term mortgage interest rates were lower Thursday, and the benchmark 10-year Treasury bond yield dropped to 5.03 percent.
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07/21/2006 Signs your real estate biz is suffering slow death
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(This is Part 1 of a three-part series.)
Are you struggling with the constant deluge of change? Do you feel like digging in your heels and saying, "Enough already"? Today's rapidly changing environment can either give you a competitive edge or leave you struggling to stay in the business.
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07/21/2006 Kansas City couple faces wire fraud, money laundering charges
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A Kansas City couple has been charged with wire fraud and money laundering in connection with a $475,200 home loan application, said Bradley J. Schlozman, United States attorney for the Western District of Missouri.
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07/20/2006 Garamendi kicks off campaign for new title insurance regs
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California Insurance Commissioner John Garamendi launched a media campaign Thursday to publicize proposed regulations on the title insurance industry he said would cut rates by 23 percent and save consumers $1 billion a year.
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07/20/2006 Mortgage rates rise on market apprehension
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Mortgage rates marched higher this week as markets held onto a slight belief that inflation may not yet be fully contained, according to surveys conducted by Freddie Mac and Bankrate.com.
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07/20/2006 WaMu sells $140 billion in home loans to Wells Fargo
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Washington Mutual is selling all of its government mortgage servicing and part of its conforming, fixed-rate loan portfolio to Wells Fargo & Co. -- about $140 billion in debt, all told, held by 1.3 million customers.
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