Archive | December 15, 2011

Florida leads the country in mortgage fraud cases

Florida retained its top ranking in the nation for mortgage fraud litigation through September as millions of dollars in bad boom-time loans continue to be discovered by law enforcement and lenders. A report released Tuesday by industry publication Mortgage Daily showed that Florida’s activity during the third quarter included more than $144 million in suspect [...]

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Carefully Watch Wording on Insurance Policies

A new study is urging home owners to be careful when it comes to the wording of their home insurance policies. Homeowner insurance policies can vary greatly, and if homeowners aren’t careful, they may find their claims denied when disaster strikes, according to a study to be published early next year by the University of [...]

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Fed outlook turns a little healthier

Economic reports took a slightly more positive turn Tuesday, with the Federal Reserve modestly upgrading its outlook and an index of small-business optimism reaching its highest level since February. In a statement after its meeting, the Fed’s policymaking committee said the economy “has been expanding moderately” and noted “some improvement” in the labor market. Early [...]

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Chris Paul heading to the Clippers – deal complete

The deal is finally complete, Chris Paul is headed to Los Angeles for real this time — to the Clippers, not the Lakers. The Associated Press and foxsports is reporting that the Hornets traded Paul to the Clippers for guard Eric Gordon, forward Al-Farouq Aminu, center Chris Kaman and a first-round draft choice. The deal [...]

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