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Moral Dilemma: Liar, Liar
She never got caught - and removed the false job from her rsum as soon as she had real experience. Another friend of mine was not so lucky, stumbling into an image-burnishing lie that in fact made her seem rather . . . unglued. Trying to cover an
ACPT Announces Results for First Quarter 2008
ST. CHARLES, Md., May 15 /PRNewswire-FirstCall/ — American Community Properties Trust (ACPT) (AMEX:APO) a diversified real estate organization, today announced results for the three months ended March 31, 2008. For the three months ended March 31, 2008,
The Lying Matrix
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Housing market shows cracks
per cent and 18 per cent, respectively, at the 1976 and 1989 housing cycle peaks,’ she said. Canada’s real estate market is not overbuilt and households are not excessively indebted, Warren added. ‘At the end of the day, we predict a soft landing for the
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InStorage REIT Announces First Quarter 2008 Results
2008 was 54% compared to 53% at December 31, 2007 and 42% as at March 31, 2007. The mortgage portfolio at March 31, 2008 incurred a weighted average interest rate of 5.58% with a weighted average term to maturity of 7.8 years. The REIT held $0.4 million
Re-shaping retail mortgage lending
These debt instruments were traded as having a reduced risk because of the large and diverse range of mortgage securities underwriting them. The CDOs were often then used as security for loans from banks themselves. Now we consider the customer. If we
Judge: Countrywide shareholders’ suit can proceed
lawsuit against Countrywide Financial Corp. executives and directors should go to trial, rejecting several arguments by the troubled mortgage lender to dismiss the case. In a ruling issued yesterday, U.S. District Judge Mariana R. Pfaelzer in Los Angeles
Accounting changes help Freddie Mac 1Q beat views
– Freddie Mac beat Wall Street’s expectations in the first quarter, but the mortgage finance company didn’t vanquish concerns about its ability to weather the housing bust. Changes in accounting practices helped McLean, Va.-based Freddie Mac achieve
Hedge fund ending its run
close was the $300 million Galena Street Fund, which shut down last summer after its investments in subprime- mortgage bonds went south.
/R E P E A T — Media Advisory - Press conference - Montreal - Canada Mortgage and Housing Corporation/
MONTREAL, May 14 /CNW Telbec/ - Canada Mortgage and Housing Corporation (CMHC) will hold a press conference to reveal our new housing market forecasts. Kevin Hughes, Regional Economist, will take stock of the situation in the province of
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Adobe to Purchase New Massachusetts Property
WALTHAM, Mass. - Adobe Systems Incorporated today announced it has entered into a purchase and sale agreement with Normandy Real Estate Partners to acquire Overlook Center upon substantial completion at 21-61 …
Eclipsys Names John T. Casey and Craig Macnab to Board of Directors
Eclipsys Corporation , The Outcomes Company , , today announced that John T. Casey, chairman, Medcath Corporation and Craig Macnab, chief executive officer and a member of the board of directors of National …
Robert F.X. Sillerman and The Huff Alternative Fund Purchase 4.97…
FX Real Estate and Entertainment Inc. , announced today that Robert F.X. Sillerman, the Company ‘ s Chairman and Chief Executive Officer, and The Huff Alternative Fund, L.P. and an affiliate, together a …
Scotia: Housing market cooling
There is now convincing evidence that Canada’s housing market has come off the boil, Bank of Nova Scotia economists say.
Why more homeowners aren’t getting help
Drowning in a mortgage you can’t afford? Whether or not you get a new one will be decided by someone you’ve probably never met at a company whose role is barely visible: the mortgage servicer.
New Whole Foods coming
It’s to be built near where I used to live , on the last open plot of land in what’s now a pretty dense corridor.
Mincberg calls out Emmett’s ethics task force
Amid his election campaign and a wave of ethics controversies in county government, Harris County Judge Ed Emmett christened an ethics task force Wednesday with the aim of placing new restrictions on officials’ …
Gas at record
Retail gas prices hit record highs for the eighth day in a row, auto group AAA’s Web site showed Thursday.
J.C. Penney profit falls 50%
Department store retailer J.C. Penney says a pullback in consumer spending has cut its first-quarter profit in half, and predicts “difficult” conditions for the entire year.
Charlotte Knights say stadium won’t be ready until 2010
The Charlotte Knights say their new downtown stadium won’t be ready until 2010 as the team and Mecklenburg County officials deal with lawsuits over the project.
Kitchener’s existing home market to stay strong
TORONTO, May 15 /CNW/ - The Canada Mortgage and Housing Corporation released its Spring Housing Market Outlook report for the Kitchener Census Metropolitan Area today.
China’s E-House Q1 net profit surges 97 pct on higher sales
China’s E-House said its first quarter net profit grew 97 pct year-on-year to 8.7 mln usd, propelled by higher sales from expanded primary real estate agency operations.
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