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04/27/2007 Fair Housing More Than Just Skin Color
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The arduous quest for fair housing began more than 140 years ago with the passage of the Civil Rights Act of 1866 when Congress passed the first bill aimed at providing civil rights to freed slaves and those blacks who were born on U.S. soil. However, it took 100 more years (in 1968) before laws were passed to guarantee equal treatment in the area of housing.
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04/26/2007 Sellsius bloggers launch real estate community site
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Sellsius is alive.
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04/26/2007 Subprime loans hurt Countrywide's bottom line
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First-quarter revenue from subprime mortgage lending at Countrywide Financial Corp. dropped by $400 million from the previous quarter, the company reported today, while rising delinquencies and increased loss reserves drove up credit costs by $132 million.
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04/26/2007 Harvard reports urge more uniform oversight of mortgage lenders
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Two reports by Harvard University academics conclude that a lack of uniform regulations allow independent mortgage lenders to operate with less oversight of their compliance with laws intended to prevent discriminatory and unfair lending practices
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04/26/2007 VFlyer launches wireless tools
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VFlyer, a company that builds marketing tools for real estate professionals to distribute and showcase property listings, today announced that it has entered the mobile realm with the rollout of wireless Internet and text-messaging tools.
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04/26/2007 'Modest' job growth on the horizon
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The Conference Board today reported that job growth could be relatively weak this summer based on recent nationwide declines in help-wanted advertising.
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04/26/2007 Redfin expands and rebrands
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Online real estate broker Redfin today announced it has expanded its service to Boston, marking the fourth market area for the company. Separately, the company launched a new version of its Web site and a new company logo.
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04/26/2007 Arizona revives bill impacting Zillow valuations
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Legislation proposed in Arizona, which contains an amendment that would
clearly exempt Zillow.com and other home-value-estimation Web sites from
appraisal licensing requirements in the state, has been revived after a failed vote
Tuesday.
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04/26/2007 Mortgage rates slide further this week
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Mortgage rates fell for the second consecutive week as disappointing home sales and consumer confidence cast doubt on the strength of the economy, Freddie Mac reported today in its weekly survey.
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04/26/2007 Agents get more Web site options
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As more real estate agents turn their attention to beefing up their Web presence, two of the industry's most recognized names in online real estate this week launched agent Web site products that incorporate IDX listings feeds of available properties.
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