Wednesday, May 12, 2010

Million-dollar homes are falling prey to foreclosure - USA Today
Heated pools, ocean views and media rooms are not what most people would expect to find in a foreclosed property, but more high-end homes — priced at more than a million dollars — have been falling into the hands of banks this year. Foreclosures

Hotel Developers Implicated in $33 Million Tax Scam - Law.com
vehicles and reside in opulent homes of $33 million, according to the criminal complaint. "The government knows full well that the New York Flatotel was sold by a corporation and that the Cohens received none of the multimillion-dollar

Jumbo Loans Get Cheaper, But It’s Still Tough to Qualify - Wall Street Journal
The high-end of the housing market has suffered from a lack of buyers for million-dollar-and-up homes in the last year. One big reason is that it’s harder to get a mortgage that isn’t backed by a government-related entity, and the loan limits on

Datacasting loses its million-dollar niche - Sydney Morning Herald
It seems counterproductive to remove these digital TV services from Sydney viewers at a time when the government is encouraging homes to transition to digital TV,'' he said. The loss of the licence means there are no remaining datacasting licensees.

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