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Housing Slump May Affect More Banks, Says Rosengren



10 tips to clip travel cancellation fees



Loan-to-value ratio key to escaping PMI



Study travel insurance before you buy



Citigroup Announces $5.1 Billion Loss in First Quarter



8 percent rate should please car owner read more »
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Since the subprime mess rocked the mortgage world early this year, the government has authorized the quasi-governmental agencies, Fannie Mae and Freddie Mac, to lessen their qualification requirements and allow more homeowners to refinance into conforming loans. In doing so, these agencies have taken on a greater risk in an effort to alleviate some of [...] read more »
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Thornburg Mortgage unit defaults on notes payment



Spain cleanup jolts property owners



Bank 'planning 50bn bond…



US regulators to settle with ex-Fannie execs-source



Bush chooses SBA chief Steve Preston to take over HUD…



Citigroup Slashes 9,000 Jobs, Posts $5.1B Loss read more »
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Citigroup Announces $5.1 Billion Loss in First Quarter



Vacation and Investment Property Sales Strong Despite Market Troubles



NAHB Calls for Secondary Market for Construction Loans



Fed's Fisher Maintains "Strong Reluctance" About Further Rate Cuts



Housing Slump May Affect More Banks, Says Rosengren



Treasury Curve Steepens as Fed Cuts Priced Out read more »
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Three former Fannie Mae executives have agreed to settle administrative enforcement actions against them by the Office of Federal Housing Enterprise Oversight. The actions were taken over allegations of bad accounting and internal control that enabled inflated bonuses. The total settlement amount is just more than $31 million. read more »
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On April 10th the Senate passed the Foreclosure Prevention Act. This is a package of tax breaks and other solutions that are supposed to help homeowners and business owners get through the present mortgage crisis.
Even though the act passed with and 84-12 majority, consumer advocates and others, even supporters of the bill, acknowledge that it [...] read more »
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Citigroup Slashes 9,000 Jobs, Posts $5.1B Loss



Democrats unveil housing rescue plan



Rates on 30-year mortgages unchanged but other rates drop



House Plans To Boost Student Loans



Fed Auctions Nearly $25B In Treasury Securities



Inside Business: Outlook For UK Mortgages read more »
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A woman whose payment is too steep should not look to the dealer for help, says Bankrate car columnist Terry Jackson. read more »
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A car owner unhappy with his loan terms is unlikely to do better, says Bankrate car columnist Terry Jackson. read more »
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The annual Barrett-Jackson auction revealed an emerging buyer's market for collector cars, says Bankrate car columnist Terry Jackson. read more »
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Can't resolve problems with your mortgage lender? Here's a list of state mortgage regulators. read more »
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Mortgage rates continued to ride the see-saw this week, down one week and up the next. This time, they went up. read more »
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In the wake of the subprime crisis, homeowners are reporting problems with their lenders. The FDIC and state regulators can help. read more »
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Standard & Poor's Ratings Services reported it recently placed 559 classes from 103 subprime RMBS on CreditWatch. Billions of dollars in classes of subprime transactions continue to be downgraded by Fitch Ratings as a result of changes the agency has made to its subprime loss forecasting assumptions. Moody's Investors Service cited an analysis of the credit enhancement provided by subordination, overcollateralization and excess spread relative to expected losses in its downgrade of subprim read more »
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Merrill Lynch Reports First-Quarter Loss, Planned Job Cuts



U.S. Fed's Beige Book Reports Economic Conditions Weakened Since February



Renters also May Not Find Decent and Affordable Housing



Another Bad Month for Census Report on Permits, Housing Starts



Mortgage Rates, Application Volume Show Little Movement for Week



U.S. Initial Claims Rise 17k to 372k, Continuing Claims Gain read more »
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