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01/15/2008 First American Corp. to split in two
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First American Corp. announced today that it will separate its financial and real estate information segments by spinning off its title insurance and related businesses into a separate company.
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01/15/2008 Survey shows ARM loans losing their advantage
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Adjustable-rate mortgages accounted for a smaller share of prime loans in 2007 as their interest-rate advantage over fixed-rate loans shrank and lenders offered smaller discounts on introductory rates.
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01/15/2008 CEOs lose confidence in economy
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A key indicator that measures chief executives' confidence in the economy fell to a seven-year low in the fourth quarter of 2007, as fewer business leaders see improvement in the months ahead, The Conference Board reported today.
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01/15/2008 Another drop in overnight real estate rates
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Long-term mortgage interest rates were lower again Monday, and the
benchmark 10-year Treasury bond yield dropped to 3.77 percent.
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01/15/2008 25 Things You Must Do to Web 2.0 Your Company
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While slowing markets present a prime time to return to sales and customer
service basics, today's home buyers and sellers expect a modern approach. These
panelists discuss ways that traditional brokerages can add interactive and
engaging online techniques without sacrificing tried-and-true traditional
company values.
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01/15/2008 NAR's Political Action Committee raises more than $5 million
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Real estate money favors Hillary Clinton in the 2008 presidential race, according to statistics posted at opensecrets.org, a Web site operated by The Center for Responsive Politics, a Washington, D.C.-based nonpartisan, nonprofit research group.
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01/14/2008 Bankers project major declines in home sales, lending
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Mortgage loan fundings will fall 16 percent in 2008, dropping below the $2 trillion mark for the first time since 2000, according to the latest forecast by the Mortgage Bankers Association.
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01/14/2008 MLS exec says data sharing needs to evolve
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NEW YORK -- Data sharing among multiple listing services is not a bad thing, but it may not be the best solution for all parties involved, said David Charron, president and CEO for the Washington, D.C., area Metropolitan Regional Information Systems Inc. MLS.
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01/14/2008 HUD won't raise multifamily mortgage insurance rates
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The Department of Housing and Urban Development has dropped plans to increase mortgage insurance premiums on loans to for-profit developers who build or renovate multifamily rental and cooperative housing for moderate-income families, the elderly and handicapped residents.
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01/14/2008 New Web site touts benefits of Realtors, home ownership
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The National Association of Realtors trade group has launched a new Web site, HousingMarketFacts.com, as a part of a public awareness campaign to promote the possible benefits of home ownership and to counter news about the housing market slowdown.
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