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01/24/2007 Uptick in overnight real estate rates
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Long-term mortgage interest rates moved higher Tuesday, and the benchmark 10-year Treasury bond yield climbed to 4.81 percent.
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01/24/2007 Reward offer can lead to legal complications
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Inman News received several comments from readers
questioning the legality of a real estate flier advertising a $1,000 reward to
the person who finds a buyer for a property in the San Francisco Bay Area (see story).
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01/24/2007 Tenant Retention
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I received a card today congratulating me on my purchase of a vehicle. This was a follow up from a company that bent over backwards to help me. I went through the hands of three people and all of them treated me with respect, dignity and gave me the feeling that I was their only customer. I felt like a king.
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01/24/2007 State of The Real Estate Union: Beige
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The latest federal report on the state of the economy includes a widespread consensus that the housing market's immediate future is mired in high inventories, slow sales and flat and falling home prices.
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01/24/2007 The End Is in Sight
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Another housing prognosticator has weighed in with a prediction that the downturn is in the, uh, well, the home stretch.
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01/24/2007 Ask the HOA Expert
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Question: One of our members has filed an odor complaint concerning an adjoining neighbor who keeps several pets and apparently doesn't clean up. Thoughts?
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01/23/2007 Texas title insurers told to slash rates again
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Texas regulators have ordered title
insurers to reduce their rates by 3.2 percent effective Feb. 1.
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01/23/2007 San Francisco-area real estate sales fall 22% in Q4
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Real estate sales fell 22 percent in the San Francisco Bay
Area in fourth-quarter 2006 compared to fourth-quarter 2005, according to a
report by Prudential California Realty, while the median price increased 1
percent for all housing types.
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01/23/2007 FDIC issues policy letter on predatory lending
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Federal bank regulators sent out a letter
this week describing lending practices they consider to be predatory, warning
that they expect lenders to "treat consumers fairly, adhere to all
applicable legal requirements, and underwrite loan products
appropriately."
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01/23/2007 Mortgage Lenders Networks sends pink slips to 830 workers
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About 830 employees previously
described as "furloughed" by troubled Mortgage Lenders Network USA
Inc. are reportedly being laid off as the company continues to search for money
to finance loans made by the company and resurrect its wholesale lending
division.
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