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Tag : mortgage_crisis (36)
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90 Year-Old Woman Shoots Self Inside Foreclosed Home »
Posted by: TimALoftis 1 month, 2 weeks ago in Family
A 90-year-old Akron, Ohio, woman who shot herself as sheriff's deputies tried to evict her from her foreclosed home became a symbol of the ...
More | Discuss (257) | Read Full Story at cnn.com
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What Will Happen To My MortgageAnd My Home If My Bank Fails »
Posted by: altnrg 1 month ago in News
Many home owners across America have been wondering what will happen to their homes and mortgage loans should their bank fail. Many rumors abound but ...
More | Discuss (6) | Read Full Story at realestateproarticles.com
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Worst Crisis Since '30s, With No End Yet in Sight »
Posted by: TechnologyExpert 2 months ago in Business & Finance
The financial crisis that began 13 months ago has entered a new, far more serious phase.
Lingering hopes that the damage could be contained to ...More | Discuss (14) | Read Full Story at online.wsj.com
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Can the Feds Really Save Troubled Banks? »
Posted by: TechnologyExpert 3 months, 3 weeks ago in Business & Finance
The Federal Reserve's extraordinary efforts to help investment banks have effectively put the taxpayer on the hook for enormous potential losses. If borrowers can ...
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'Economists For McCain' Trash McCain's New Mortgage Plan »
Posted by: Aidenag 1 month, 1 week ago in Politics
Many of the professional economists who formally endorsed John McCain's economic plan are expressing bewilderment with his most recent proposal to rectify the home ...
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The Bailout Passes! Now What? »
Posted by: Happy31 1 month, 1 week ago in News
It is officially called H.R. 1424, the Emergency Economic Stabilization Act of 2008. It is also called the Wall Street Bailout Bill, the Rescue ...
More | Discuss (17) | Read Full Story at americasbestcompanies.com
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Fannie Mae loss more than triple forecasts »
Posted by: TechnologyExpert 3 months, 1 week ago in Business & Finance
Struggling home finance giant Fannie Mae Friday reported a massive second-quarter loss of 2.3 billion dollars, more than three times analysts' estimates, and plans ...
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Housing Lenders Fear Bigger Wave of Loan Defaults »
Posted by: TechnologyExpert 3 months, 2 weeks ago in Business & Finance
The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is quickly building.
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Senate financial bailout bill full of sweeteners »
Posted by: david_nwpa 1 month, 2 weeks ago in Business & Finance
NEW YORK (CNNMoney.com) -- The core of the Senate financial bailout bill is the Bush administration's plan to buy troubled assets from banks, but ...
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Federal Reserve holds key rate at 2 percent »
Posted by: TechnologyExpert 3 months, 2 weeks ago in Business & Finance
The Federal Reserve, caught between mounting job losses and rising inflation, held key interest rates steady today hoping it will be enough to heal a ...
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Existing-home sales rose 3.1 percent in July »
Posted by: TechnologyExpert 2 months, 3 weeks ago in Business & Finance
Sales of existing homes rose in July, surpassing expectations, as buyers snapped up deeply discounted properties in parts of the country hit hardest by the ...
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Why isn't Washington aiding savers? »
Posted by: TechnologyExpert 3 months ago in Business & Finance
Meanwhile, tens of millions of people pay their mortgages on time, don't max out their credit cards and put money into retirement funds. They ...
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Home prices fell by steepest rate EVER in May »
Posted by: TechnologyExpert 3 months, 3 weeks ago in News
Home prices tumbled by the steepest rate ever in May, according to a closely watched housing index released Tuesday, as the housing slump deepened nationwide.
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Bush Signs Bill for Homeowners, Fannie, Freddie »
Posted by: TechnologyExpert 3 months, 3 weeks ago in News
Bush signed the measure at the White House shortly after 7
a.m. Treasury Secretary Paulson, Housing and Urban Development
Secretary Steve Preston and Federal ... -
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Where were the Democrats? »
Posted by: amazed 2 months ago in Business & Finance
Taxpayers face a tab of as much as $200 billion for a government takeover of Fannie Mae and Freddie Mac, the formerly semi-autonomous mortgage finance ...
More | Discuss (14) | Read Full Story at connpost.com
