Local Headlines
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Region's housing sales show unexpected strength in June
2 hrs ago | via Palm Beach Post
Sharply depressed prices appeared to bolster the region's housing sales in June, even as the the nation registered downward sales numbers.
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Doctor sues to collect $235,000 from ex
Yesterday | via Palm Beach Post
Earning $41,000 a year, there's doubt that West Boca High special ed teacher Lisa Rader could ever pay off her mortgage-size debt.
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Home-equity money tap has been turned off for many
Friday Jul 18 | via Milwaukee Journal-Sentinal
When Denise Lopez bought two new tables, a floor lamp and a chair recently, her intent was to finance it with her home-equity line of credit.
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EPA Sued Over Standards for Runoff in Florida
Friday Jul 18 | via Florida Trend
Starbucks has released the locations of 59 Florida stores that will close. The coffee company has said it plans to shut down 600 stores nationwide by March 2009.
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Friday Jul 18 | via SNL Financial
The company's gross revenue of S$92.5 million is 19.6% more than S$77.3 million registered in the year-ago period.
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Regional Headlines
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35 min ago | via The Miami Herald
With the local economy on the ropes and the number of borrowers behind on their mortgages rising, South Florida median home prices and sales continued sliding last month, falling an average 20.5 percent in ...
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1 hr ago | via Daily Business Review
That's one of the explanations in a 40-page response to a Miami Herald investigation, which found that more than 10,000 people with criminal records were permitted to work in Florida's mortgage industry between ...
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Florida To Address Criminals In Mortgage Industry
1 hr ago | via Tampa Bay Online
The head of a state agency that allowed thousands of criminals to sell home loans in Florida has acknowledged that his office did not follow a screening law, but blamed legislators for failing to provide money ...
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McCollum "not ready" to say whether battered mortgage chief should go
3 hrs ago | via El Sentinel
Next Tuesday is bound to be a bloodletting when the Florida Cabinet meets to decide the fate of embattled Office of Financial Regulation chief Don Saxon .
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FAR: South Florida home sales continue decline
Monday Jul 21 | via South Florida Business Journal
Year-over-year single-family home sales and prices declined again in June, across South Florida and the state, a Florida Association of Realtors report showed.
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National Headlines
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Discounted mortgage notes can stop foreclosures
5 min ago | via Business Standard
Where politicians and bankers see vexing liabilities in defaulted mortgages and foreclosures, Robert Lee sees opportunities as he picks up the pieces of the housing bust.
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Closing Market ... Dow "283.10 ... S&P "29.65 ... Nasdaq "45.77
6 min ago | via Cleveland.com
Wall Street abruptly ended an earnings-driven rally and closed sharply lower today after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent ...
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Stocks Tumble After Sales of Existing Homes Fall; Dow Down 283 Points
7 min ago | via ArkansasBusiness.com
The major indexes fell about 2 percent, including the Dow Jones industrial average, which lost more than 275 points.
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Housing Market Legislation Update
7 min ago | via Business Law Prof Blog
On Wednesday, President Bush dropped his opposition to the current housing market legislation despite his objections to a $3.9 billion provision.
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9 min ago | via The Taipei Times
AIDING MORTGAGE GIANTS: The House of Representatives voted to pass a bill that will provide liquidity to Fannie Mae and Freddie Mac, with some denying it is a bailout AP, WASHINGTON Friday, Jul 25, 2008, Page 7 ...
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