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11/29/2007 Mortgage securitizations drop 23% in Q3
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An estimated $476.6 billion in mortgage loans were bundled up and sold as securities to Wall Street investors during the third quarter, down 23 percent from the previous quarter, according to a report by the Securities Industry and Financial Markets Association.
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11/29/2007 Investor Outlook
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If you're what's known as an "opportunity investor" in real estate, looks like your prime time may be now ... or very soon!
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11/29/2007 Prestigious Occupations Index Ranks Realtors Low
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A new Harris poll has ranked some professions and found some interesting trends, namely that some occupations have lost prestige while others have gained. Call it the 9/11 effect, but suddenly, we are appreciating our workforce occupations a lot more than we used to.
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11/29/2007 Ask Realty Times
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Question: We bought a home in November. The previous owners put a new roof over the garage and then had a deck installed. The deck is causing the roof to leak.
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11/29/2007 Real Estate Marketing Strategies: 7 Tips to Becoming a Money Magnet
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Did you know that most people block prosperity because of hidden beliefs about money? This article gives you seven tips to create yourself to be a "money magnet."
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11/29/2007 Canadian and U.S. Housing Markets Moving in Opposite Directions
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The National Association of Realtors (NAR) reports that existing-home sales in the U.S. will drop from 6.48 million last year to 5.67 million in 2007, and that the Pending Home Sales Index is down 20.4 per cent compared to last year. Canada Mortgage and Housing Corp. (CMHC) says that 2007 will close with 521,000 existing-home sales in Canada, a new all-time record, up from 483,223 last year. In the country's largest housing market, Toronto, a new all-time sales record was set with six weeks to go before the New Year.
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11/29/2007 FSBOs Fall Flat
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For-sale-by-owner or 'FSBO' transactions in the softening real estate market experienced zero growth last year, according to the National Association of Realtors (NAR).
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11/29/2007 Ask the HOA Expert
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Question: Our board would like to evaluate our management company's effectiveness by way of a member survey. What questions do you recommend?
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11/28/2007 Fed official advocates 'nimble' response to turmoil
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Stocks soared Wednesday after Federal Reserve Vice Chairman Donald Kohn said the Fed must be "nimble" in responding to turmoil in financial markets to preserve access to loans for consumers and businesses.
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11/28/2007 Banks see delinquent loans rise 23.8%
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Banks and savings institutions are boosting reserves and loan loss provisions at a pace not seen in decades, but the increases aren't keeping up with a sharp rise in delinquent loans -- particularly mortgages -- federal regulators warned in a report today.
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