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07/25/2007 Beazer says SEC inquiry now a formal investigation
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Beazer Homes USA -- already the subject of a criminal fraud investigation -- says it's now the subject of a formal Securities and Exchange Commission inquiry.
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07/25/2007 Real estate rates steady overnight
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Long-term mortgage interest rates were unchanged Tuesday, and the benchmark 10-year Treasury bond yield fell to 4.91 percent.
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07/25/2007 Seattle Series: Redfin
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07/25/2007 Market forces, regulators threaten credit crunch
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Editor's note: How bad will the real estate market get before it gets better? Inman News compiles the facts and analysis in this five-part series. (Read Part 1, "The housing market: How bad will it get?" and Part 2, "Vendors cope with real estate downturn.")
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07/25/2007 Market Conditions
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The buyers market continues in Sonora, California, with prices beginning to trend slightly downward.
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07/25/2007 States Follow Feds On Subprime Rules
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Following again in the footsteps of federal regulators, state financial overseers are bringing new subprime regulations to state lenders not regulated by the feds.
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07/25/2007 More Dark Clouds in Housing's Future
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The housing outlook continues to become more dour by the week.
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07/25/2007 Ask the HOA Expert
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Question: Our bylaws state that "a quorum is required to adopt decisions at any meeting of the association." However, our state's Condominium Act states, "Unless at that meeting a majority of all the unit owners or any larger vote specified in the declaration reject the budget, the budget is ratified, whether or not a quorum is present." Isn't this a contradiction?
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07/24/2007 Terabitz addresses data-scraping concerns
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Shortly after its highly publicized launch last week, Terabitz, a new venture-backed real estate site that mashes up data sources on neighborhoods and ZIP codes throughout the U.S., has removed some data feeds from its site after being accused of illegally scraping data from real estate Web sites.
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07/24/2007 Countrywide profits fall 33%
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Countrywide Financial Corp. said second-quarter earnings fell 33 percent from last year to $485 million, in part because rising delinquencies forced the company to write down by $388 million the value of securities backed by prime home-equity loans.
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