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New BofA Charges Highlight More Bank Fraud

New BofA Charges Highlight More Bank Fraud


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It’s often said that the more things change, the more they stay the same. That’s dismally true where Bank of America is concerned, as two more lawsuits filed against the banking giant this week reveal that once again, BofA and mortgage fraud go hand in hand. The latest round of legal actions were...

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Will Stagflation Derail the Recovery?

Will Stagflation Derail the Recovery?


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It was an unpleasant word when it was coined back in the seventies, and that’s still true today. But some economists fear that stagflation _- that hybrid of stagnation and inflation that raised its ugly head decades ago -- may be returning to haunt the emerging economic recovery But while the return...

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Is Asia Losing Its Economic Clout?

Is Asia Losing Its Economic Clout?


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The sun sets in the west, but in economic terms, it may just be starting to rise. After Asian economies, led by China, began to surge a few years ago, economists and market watchers claimed that the future belonged to the East, leaving the US and the struggling countries of Europe behind. But new data...

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The Top 5 Scams in Real Estate –and How to Avoid Them

The Top 5 Scams in Real Estate –and How to Avoid Them


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Scam artists have probably been around as long as humans have – and their basic bag of tricks hasn’t changed. Now though, the Internet is crating ways to put new spins on those old tricks to reach even more potential marks -- and the turmoil in the housing market makes real estate a prime hunting...

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In Housing, Paying Cash Can Cost Money

In Housing, Paying Cash Can Cost Money


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Want to buy a house? Got a dollar to spend? That’s the sales pitch for the infamous “dollar house” in Detroit – a home that’s actually listed for sale for just one measly buck. But even tat that rock bottom price, nobody’s biting. As of the beginning of August 2013, this house has been listed...

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Palladium: the Best Selling Metal on the Market

Palladium: the Best Selling Metal on the Market


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Gold prices are continuing to tumble, dropping In June 2013 to their worst first-half levels in over 30 years, thanks in part to the rebound of the US economy and the planned rollback of the Federal Reserve’s mortgage securities stimulus plan. And as gold fades from the scene, investors are putting...

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A New Wave of Renters is Good News for Landlords

A New Wave of Renters is Good News for Landlords


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They’re calling it the ‘renter tsunami” - a wave of Americans choosing tot rent rather than buy homes that’s fueled by two key demographic groups: millennials and the newly retired. Although these two groups may not appear to have much in common, their desire to rent is driven by some common...

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Beyond Phishing –Now There’s Smishing

Beyond Phishing –Now There’s Smishing


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Remember phishing? Now there’s smishing, a new kind of electronic identity theft targeting uses of smartphones and tablets. But although the venue may be new, these scammers are simply adapting the same old tried and true tactics that con artists used to use on the telephone. In those old days, people...

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Solar Power Sparks Controversy Here on Earth

Solar Power Sparks Controversy Here on Earth


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In today’s housing market, green upgrades mean better prices and quick sales, and solar adaptations lead the way in eco friendly alterations. But even as incentives and credits help homeowners install rooftop solar panels, utility companies around the country are starting to feel the pinch. Now, electric...

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Chinese Investors Could Boost the Housing Recovery

Chinese Investors Could Boost the Housing Recovery


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The latest wave of foreign investment in US real estate comes from China. Chinese investors backed by government funds are pouring money into a variety of projects and properties around the country – and they’re being welcomed with open arms by many US sellers and brokers, who see a hefty infusion...

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