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11/30/2007 Mortgage fraud spree nets 26-year prison sentence
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Matthew Bevan Cox, who eluded authorities for nearly three years before pleading guilty in April to mortgage fraud charges in three states, has been sentenced to 26 years in prison and ordered to pay $5.9 million in restitution to more than 100 victims.
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11/30/2007 Real Estate Outlook
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Maybe it's the beginning of a trend: For the second straight week, there's been more economic good news for housing and real estate than bad.
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11/30/2007 Hot Market: Albuquerque - Fastest Growing City in the West
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In Albuquerque, New Mexico, the only statistic headed south these days is unemployment. Strong job growth in the state’s largest city drives wages and home prices in an area that continues to beat the odds in real estate. Rated as the No. 1 real estate market in the West by Forbes, Albuquerque home sellers unload properties in about a month and the prices are up to nearly $205,000 for all property types -- an increase of more than 7 percent for the same reporting period as last year.
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11/30/2007 Fiddling While Mortgage Loans Burn
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The Office of Federal Housing Enterprise Oversight kept 2008 conforming loan limits purchased by Fannie Mae and Freddie Mac at $417,000, but it's considering lower limits if housing prices continue to fall. Meanwhile, The House is trying to get higher Enterprise loans limits passed, but the Senate won't cooperate.
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11/30/2007 Is No Down Payment for You?
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Leveraging yourself by means of putting little or nothing down on your mortgage is not a new concept, but over the past couple of years it's morphed itself away from those who don't have any down payment money or for those qualified for a VA loan -- to those who have down payment money but don't want to use it.
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11/30/2007 Seeing Through The Veil of Staging
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In the brave new money-tight world of housing, the growing inventory of homes is prompting more and more sellers to stage the deal so it stands out from the pack.
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11/30/2007 Buyers, Sellers: Realty Agents Rule
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Real estate agents continue to get the job done even in the softer housing market, according to buyers and sellers who work with them.
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11/30/2007 10 Proven Ways to Drive Traffic to Your Site For Free
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Hiring a Search Engine Optimization (SEO) specialist to boost your site traffic is expensive (if you hire a legitimate professional). Driving substantial new traffic to your site doesn't have to be. In fact, there is an exciting and clever strategy that is proven to drive traffic, and won't cost you a dime! Now before we look at the 10 proven ways to drive traffic to your site, we first need to explore the principles behind these steps that make them work so well.
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11/30/2007 Long-Term Mortgage Rates Fall Again This Week
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McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.10 percent with an average 0.5 point for the week ending November 29, 2007, down from last week when it averaged 6.20 percent as well. Last year at this time, the 30-year FRM averaged 6.14 percent. The 30-year FRM has not been lower since the week ending October 13, 2005, when it averaged 6.03 percent.
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11/30/2007 Can Walk Score Improve the Value of Your Home?
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Just imagine, your real estate agent is showing you a print out from the Multiple Listing Service of a home you might want to buy. On the sheet is something you've never seen before.
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