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10/18/2007 MLS defends rules targeted by DOJ
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Membership restrictions for the Multiple Listing Service of Hilton Head Island Inc., the subject of a lawsuit accompanying a proposed settlement agreement with the U.S. Department of Justice, were "rooted in protecting the consumer," a lawyer for the MLS said Wednesday.
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10/18/2007 Overnight real estate rates continue lower
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Long-term mortgage interest rates were down again Wednesday, and the benchmark 10-year Treasury bond yield fell to 4.56 percent.
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10/18/2007 Online real estate advertiser grows global legs
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The REA Group, an online real estate advertising company based in Australia, is proving that while real estate is local, significant global growth is possible for an online advertising business.
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10/18/2007 Rents Inflated By Soft Owner-Occupied Market
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Don't expect any quarter from the rental sector.
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10/18/2007 Profits Fall for Mortgage Banking Companies in 2006
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Mortgage banking production profits fell to negative $50 per loan in 2006 from positive $258 per loan in 2005, according to the Mortgage Bankers Association's (MBA) annual cost study.
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10/18/2007 Affordability Measures Point to 'Overvalued' Western Canada Markets
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For many years, RBC economics, a division of Canada's largest chartered bank, has been tracking housing affordability in quarterly reports. The most recent report in September showed that the portion of before-tax household income that goes toward home ownership costs "suffered one of its largest and most broadly based quarterly deteriorations in the current housing cycle stretching back to the mid-1990s."
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10/18/2007 Environmental Psychology and Buying a Home
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Many people often wonder what an environmental psychologist does and why one would want to study the field. There is no easy answer to this question.
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10/17/2007 Internet marketer seeks help with condo purchase
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Zack Preble, the Internet marketing specialist who created CondoFiasco.com, wants some help to pay for a condo unit in Miami that he says he never should have bought.
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10/17/2007 Bill would tighten rules for mortgage servicers, appraisers
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A new bill aimed at cracking down on deceptive practices in mortgage servicing and coercion of appraisers has the support of consumer groups and a group representing appraisers.
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10/17/2007 MGIC posts $372 million Q3 loss
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Mortgage insurer MGIC Investment Corp. today reported a $372.5 million third-quarter loss, and said it does not expect to make a profit next year as it pays out up to $1.5 billion in claims.
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