Early Briefing 08.16.07
As with everything right now, much of our news is mortgage-related.
POS Dream Home of Laurel, which offered homeowners mortgage-free living, was ordered by the Maryland attorney general to stop soliciting new business and to halt operations of its investment program. See story
Real Estate columnist Elizabeth Razzi wrote about the company the past two Sundays, about how it operates and the chief executive of the parent company's past.
A lot of borrowers and ceasing and desisting without promting from an attorney general, making it difficult for local buyers and real estate agents. See story
The Corporate Executive Board of the District bought ITtoolbox, an online community for IT professionals. The deal closed for $59 million on July 31. See story.
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