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02/22/2008 Union opposes reelection of home builder CEO
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A construction union pension fund, a shareholder in home builder Toll Brothers Inc., is asking fellow shareholders to join in withholding votes to reelect the company's chairman and CEO, and to reject his proposed salary bonus plan.
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02/22/2008 Freddie Mac details new fees, loan restrictions
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Freddie Mac announced this week that it's expanding its use of risk-based pricing and increasing fees on mortgages with higher risk, and will discontinue purchases of some higher-risk mortgages altogether.
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02/22/2008 PMI waiting on FGIC to release Q4 results
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Private mortgage insurer PMI Group Inc. said it will postpone releasing of fourth-quarter and year-end financial results because of delays in financial reporting at another company it owns a large stake in -- troubled bond insurer FGIC Corp.
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02/22/2008 Real estate rates fall overnight
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Long-term mortgage interest rates came down Thursday, and the
benchmark 10-year Treasury bond yield sank to 3.77 percent.
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02/22/2008 Single-property Web sites catch sellers' attention
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If you're not using what is known as a "single-property Web site," you're missing one of the best tools to increase your Web traffic and convert more listing leads into signed business.
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02/22/2008 Federal grant will assist unemployed mortgage workers
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California Gov. Arnold Schwarzenegger this week announced the award of $73 million for 40 affordable housing projects in 26 cities in the state and also announced $5.6 million in federal money to train laid-off mortgage and banking industry workers for jobs in other industries.
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02/22/2008 New market demands new client service tactics
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02/22/2008 HouseValues reports $9.9 million net loss in Q4
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HouseValues Inc., a company that provides online tools for real estate professionals and real estate search sites for consumers, on Thursday reported a $9.9 million net loss in the fourth quarter compared with a $710,000 net loss in the previous year's quarter.
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02/21/2008 Realogy reports network growth in 2007
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Despite the downturn in the U.S. real estate market, real estate brokerage and franchise company Realogy has reported expansion of its franchise networks in 2007.
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02/21/2008 California sees drop in real estate licensees
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For the first time in five years, the total number of real estate licensees in California dropped slightly in December, according to California Department of Real Estate statistics.
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