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11/29/2006 California Law May Open Solar Energy to Mainstream America
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Elected officials and corporate America may finally be waking up to that fact that the world is no longer able to produce the coal and fossil fuels necessary to sustain America's energy needs, and that renewable energy holds the promise of a better future for this and future generations of Americans. For builders, this realization represents an ideal time to consider a new, profitable business model that includes solar power in new home developments. California's Million Solar Roofs Bill (SB 1), effective January 1, 2007, is the first step in what promises to be a jump start to an energy paradigm shift among property owners across the country.
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11/29/2006 No Change in Loan Limit
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The conforming loan limit, perhaps the most intently watched number in the mortgage business, will remain unchanged next year at $417,000.
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11/29/2006 Ask the HOA Expert
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Question: Our resident manager has just given notice after years of service and we are scrambling to find a good affordable management company. Do you have any suggestions?
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11/29/2006 Gifts That Really Hit Home
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Ah, 'tis the season.
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11/28/2006 Mortgage fraud ring obtained FHA loans for noncitizens
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A year after breaking up a Colorado mortgage fraud ring that falsified documents to allow noncitizens buy more than 300 homes using federally insured loans, authorities have begun rounding up hundreds of buyers who allegedly participated in the scheme.
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11/28/2006 South Florida mortgage fraud scheme uncovered
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A mortgage fraud ring that allegedly obtained more than $10 million in loans on 30 properties in Broward County, Fla., has led to the indictment of 11 people accused of using straw buyers and stolen identities to defraud lenders.
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11/28/2006 Internet lead conversion company debuts
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A new Internet real estate lead conversion service, LeadQual, formally launched this week, offering to connect real estate and mortgage companies with qualified consumer leads.
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11/28/2006 Canadian province to license mortgage brokers
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The province of Ontario -- home to one in three Canadians -- has passed legislation requiring that mortgage brokers be licensed and meet minimum education standards.
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11/28/2006 Midwest endures more real estate cooling
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Home sales across Ohio and Illinois dropped for the seventh straight month in October, further cutting into prices, according to Realtor associations in both states.
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11/28/2006 Conforming loan limit will stay at $417,000 in '07
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Despite a slight decline in housing prices, the regulatory office that oversees Fannie Mae and Freddie Mac's financial health said today it will allow the conforming loan limit to remain at $417,000 in 2007.
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