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Mortgage News for Friday - February 3, 2006

More Mortgage News
• Refinance Mortgage: Don't Be Caught by ARM Surprise
• How to maneuver in a buyer's market
• U.S. Economy: Jobless Rate Drops to 4-Year Low, Wages Rise
• Why The U.S. Economy Is A Lot Stronger Than You Think
• From rock star to real estate mogul
• Attorney General Investigates Real Estate Tycoon
Mortgage News
From rock star to real estate mogul - 2006-02-03
Gabor Varszegi, a rock star during the Communist era and now Hungary's fourth wealthiest man, is turning to real estate after competition hindered earnings at his retail chain. The strategy has boosted profit and made shares in his company, Fotex, the best performer last year in the BUX index for the first time since 2000.
Read the full story at International Herald Tribune
 
Attorney General Investigates Real Estate Tycoon - 2006-02-03
Most TV viewers have likely seen those infomercials that say people can get wealthy through real estate. One tycoon recently came to Central Florida, and as would probably be expected, the pitch was full of surprises, WESH 2 News reported. Usually, WESH 2 I-Team reporter Michelle Meredith is the one who tracks people down, but this time she was hunted.
Read the full story at WESH.com
 






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