ALEX VEIGA

Associated Press
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Review: Fresh stories propel 'The Old Republic'

How do you make that familiar galaxy far, far away fresh again? Take it back to an even longer time ago.

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Foreclosures made up 20 pct. of home sales in 3Q

Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.

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Forecasters see small pickup in growth for 2012

A new economic forecast calls for the U.S. economy to make some modest growth strides this year, but not quite enough to significantly reduce the number of jobless Americans looking for work.

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Disney CEO Iger's pay up 12 pct to $31.4M in 2011

Walt Disney Co. gave a 2011 pay package valued at about $31.4 million to CEO Bob Iger, up 12 percent from a year earlier, according to an Associated Press analysis of data disclosed in a regulatory filing on Friday.

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Designer behind Apple's products knighted in UK

Fans of the clean, inviting look of the iPhone, iPad and other blockbuster Apple products are legion, and that includes Queen Elizabeth II.

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Scheduled home auctions hit 9-month high in Nov.

Fewer U.S. homes entered the foreclosure process or were taken back by banks in November, reflecting a seasonal pullback in foreclosure activity by lenders and mortgage servicers.

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Toll Brothers buys Seattle area homebuilder

Luxury homebuilder Toll Brothers Inc. is expanding into a new state for the first time since the days of the housing boom.

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US foreclosure activity hit 7-month high in Oct.

More U.S. homes entered the foreclosure process in October than in the previous month, with Florida, Pennsylvania and Indiana registering among the largest monthly increases, new data show.

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Berkshire Hathaway posts lower 3Q profit

Warren Buffett's Berkshire Hathaway Inc. said Friday that its third-quarter profit fell 24 percent from a year ago due to a sharp decline in the value its equity derivative contracts following the wild swings in the stock market this summer.

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US foreclosure activity edged higher in 3Q

More U.S. homes are entering the foreclosure process, but they're taking ever longer to get sold or repossessed by lenders.

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Mortgage default warnings surged in August

Banks have stepped up their actions against homeowners who have fallen behind on their mortgage payments, setting the stage for a fresh wave of foreclosures.

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Hovnanian Enterprises' loss narrowed in fiscal 3Q

Hovnanian Enterprises Inc. on Wednesday reported a smaller loss for its fiscal third quarter, as lower land-related charges helped to blunt a sharp drop in revenue for the homebuilder.

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US homes got fewer foreclosure warnings in July

Fewer U.S. homes entered the foreclosure process or were seized by lenders in July, the latest sign banks are taking a measured approach to moving against homeowners who have fallen behind on mortgage payments.

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Regulator sues Goldman Sachs over risky mortgages

The U.S. regulator of credit unions on Tuesday sued Goldman Sachs & Co. for more than $491 million in damages over losses incurred by two failed credit unions that purchased mortgage-backed securities underwritten by the investment bank.

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PulteGroup, D.R. Horton expect profitable turn

The CEOs of the nation's two largest homebuilders say demand for new homes appears to be stabilizing, if still at very low levels.

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Foreclosure activity down in most US metro areas

Most of the nation's largest metropolitan areas are seeing a sharp drop in foreclosure activity as banks take longer to move against homeowners who are behind on their mortgage payments.

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Foreclosure activity slowed in first half of 2011

The number of homes taken back by lenders in the first half of this year fell 30 percent compared with the same 2010 period, the result of delays in foreclosure processing that threaten to stall a U.S. housing recovery.

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Review: Sites break down neighborhood traits

If you find a home on the market that has the right look, amenities and price, you're still only halfway there.

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WaMu settles class action suit for $208.5 million

Washington Mutual Inc. and its fellow defendants have agreed to pay $208.5 million to settle a class-action lawsuit stemming from the lender's collapse in 2008, the biggest U.S. bank failure in history.

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Bank of America in $8.5B mortgage settlement

Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed.

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Lenders repossessed fewer homes in May

The number of U.S. homeowners who were put on notice for being behind on their mortgage payments fell in May to the lowest level since 2006, the result of a slowing housing market and lingering delays in banks' foreclosure process.

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Hovnanian Enterprises' loss grew in fiscal 2Q

Hovnanian Enterprises Inc. said Tuesday that its loss more than doubled in its fiscal second quarter, as the homebuilder sold fewer homes and booked higher land-related charges.

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Report: Sales of foreclosed homes fell in 1Q

Sales of homes in some stage of foreclosure declined in the first three months of the year, but they still accounted for 28 percent of all home sales — a share nearly six times higher than what it would be in a healthy housing market.

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Pace of foreclosures slowed further in April

Fewer Americans had their homes repossessed by banks or were put on notice for being behind on their mortgage payments in April compared to a year ago.

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Pace of foreclosures slowed further in April

New foreclosure data show the number of U.S. homes that were repossessed by lenders fell in April, compared with March and a year ago.

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