The Toronto Star writes: “Frenzied developers with access to cheap money are creating a glut of premium office space and luxury apartments, priced at about 80 times the average income of the city’s residents. Prospective middle-class homeowners, in panic-buying mode, are snapping up two properti
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03/24/2010
FICO Score: FICO is an abbreviation for Fair Isaac Corporation and refers to a person’s credit score based on credit history. Lenders and credit card companies use the number to decide if the person is likely to pay his or her bills. A credit score is evaluated using information from the three ma
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03/23/2010
FICO Score: FICO is an abbreviation for Fair Isaac Corporation and refers to a person’s credit score based on credit history. Lenders and credit card companies use the number to decide if the person is likely to pay his or her bills. A credit score is evaluated using information from the three ma
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03/18/2010
Over the next few years, a wave of Tallahassee commercial real estate loan failures could threaten an already-weakened financial system. So warns a new report from the Congressional Oversight Panel as part of its oversight of the Troubled Asset Relief Program, highlighting yet one more hurdle for
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03/17/2010
Sales of existing single-family homes in Florida rose 44 percent in fourth quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors(R). A total of 43,926 existing homes sold statewide in 4Q 2009; during the same period the year befo
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03/16/2010
TALLAHASSEE – Foreclosure is a harsh reality for thousands of Floridians these days, but a new bill could slash mortgage payment amounts. Orlando Democrat Rep. Darren Soto’s “Foreclosure Bill of Rights” would pressure banks to charge monthly payment amounts based on what homes are worth now and
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03/11/2010