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Royal LePage foresees national home prices declining three per cent this year
TORONTO - The average price of a house in Canada is likely to decline by three per cent this year as sales activity continues to cool, according to Royal LePage Real Estate Services.

Royal LePage foresees national home prices declining three per cent this year
TORONTO - The average price of a house in Canada is likely to decline by three per cent this year as sales activity continues to cool, according

Baack in the black
Julii and Ryan Baack, former mortgage loan officers turned co-owners of Plato’s Closet, say there is more to a successful business than making a ton of money.

Mortgage aid begins for 8,000 in Ohio
COLUMBUS - A mortgage-modification program that could help 8,000 Ohioans stay in their homes is under way, say officials of Countrywide Financial Corp. and the Ohio attorney general's office. An additional 4,000 Countrywide customers in Ohio who have lost their homes could receive $500 to $1,500 as part of a foreclosure-relief payment program. "We will monitor [Countrywide's] progress and if ...

Dodd, NAACP meet on housing
HARTFORD — Sen. Christopher J. Dodd, D-Conn., met with state NAACP members Monday on the housing crisis, where he assured those in attendance he would seek greater “bottom-up” assistance.

BofA CEO recommends top brass get no bonuses
Bank of America CEO Ken Lewis said in a memo to employees Tuesday that he’s recommending the board not award 2008 bonuses to himself and other senior executives.

Michael Dell Part of Group Buying Busted IndyMac Bank
Michael Dell is going to try to turn a buck on the mortgage mess. He’s part of a consortium of seven private equity investors that signed a letter of intent with the Federal Deposit Insurance Corporation (FDIC) on New Year’s Eve to buy the failed IndyMac Bank, one of the accursed entities that led the US economy down the primrose path of sub-prime loans. read more