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California Foreclosure Report Notes Big Lender Discounts In November
ForeclosureRadar today issued today its California Foreclosure Report which showed a total of 12,282 properties with a loan value of $4.91 Billion dollars sold at auction in November. In addition to a review of foreclosure stats and county rankings, the California Foreclosure Report notes a significant rise in lender discounts at the foreclosure auctions. This is an important precedent not only for investors, but for Realtors working to get short sale and REO offers approved. (PRWeb Dec 14, 2007)
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IBM Grants Water-Cooling Intellectual Property License to Vette Corp: Enables Collaboration to Provide End-to-End Solutions for DataCenter Cooling
IBM (NYSE: IBM) and Vette Corp ("Vette"), a global provider of thermal management solutions, today announced a series of agreements for Vette to license IBM's Rear Door Heat eXchanger water-cooling technology. In addition to increasing access to the IBM CoolBlue(TM) portfolio of technologies, the agreements provide a path for the development of additional products that both companies plan to offer to meet the growing need for diverse high-density cooling solutions. (PRWeb Dec 10, 2007)
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The buy-to-let conundrum
The woes of Paragon, the buy-to-let loan specialist, are likely to make mortgages for budding landlords more expensive. But it is far too early to call time on the sector as a whole, writes Paul Farrow.
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