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11/20/2006 Mortgage exec. considered armed fugitive
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The owner of a San Francisco Bay Area mortgage company that allegedly defrauded lenders of more than $13 million has been sentenced to more than five years in prison, while the company's vice president remains a fugitive who is considered armed and dangerous by the FBI.
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11/20/2006 Yahoo partners with 150 newspapers
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Yahoo Inc. today announced partnerships with more than 150 daily U.S. newspapers to deliver search, graphical and classified advertising to consumers.
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11/20/2006 California's luxury home markets see modest price gains
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Luxury home values posted slight gains in Los Angeles, San Diego and San Francisco in the third quarter of 2006, as housing markets overall continued to see a slip in sales.
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11/20/2006 Slow growth tops economic forecast
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Although the economic outlook improved for the second straight month in October, sluggish real estate markets and weaker corporate profit growth will keep the economy on a slow track, The Conference Board reported today.
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11/20/2006 U.S. home sales, prices decline in third quarter
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Total sales of single-family homes, apartment condos and co-ops dropped 12.7 percent in the third quarter compared to third-quarter 2005, the National Association of Realtors reported today.
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11/20/2006 Houston real estate posts best October ever
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Real estate sales in Houston, Texas, were up for the 13th straight month in October compared to year-ago levels, as single-family sales and prices hit new highs for the month, the Houston Association of Realtors reported.
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11/20/2006 Overnight real estate rates bounce higher
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Long-term mortgage interest rates rose Friday, and the benchmark 10-year Treasury bond yield fell to 4.6 percent.
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11/20/2006 New scores gauge risk of borrowers with little or no credit
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Fair Isaac Credit Services Inc. says a recent study of its FICO Expansion scores -- which are used to qualify borrowers who have little or no information on file with credit bureaus -- demonstrates they are a reliable tool for predicting risk, and match up closely with the company's traditional scores.
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11/20/2006 NAR Thinking Big for ‘07
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The National Association of Realtors is psyched.
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11/20/2006 Housing Counsel: Tenants in Single Family District Homes Have Right to Buy
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Question: We own a single family home in the District which we have been renting for several years. We retained a real estate broker to assist us in selling, and were informed that we have to provide our tenant with the right to purchase.
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