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Realtors hope $25B foreclosure settlement will spark housing revival

With the residential real estate industry shell-shocked from years of a moribund market, its spokespeople can be forgiven for taking a cautious attitude toward Thursday’s announcement of a $25 billion settlement with five of the nation’s biggest mortgage lenders over flawed and fraudulent foreclosure practices.

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SnO-M-G: State weathers snowmageddon

By Joe Yovino

Web editor

As one of apparently only eight people working Wednesday in Milwaukee, the trip into work on the morning of snowmaggedon (or the Ground Hog Day blizzard or snowpocalypse, or SnO-M-G or any other cool name a TV producer with too much time on his/her hands comes up with) was eerie.

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Are urban areas at a development disadvantage?

By Marie Rohde

staff writer

Eaton Corp., now located in one of the city’s poorest neighborhoods, is being wooed to move to the Milwaukee County Research Park in Wauwatosa using both tax incremental financing and $20 million in federal New Market Tax Credits designed to encourage business development in poor communities. This kind of poaching happens often, but is it fair?

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