Finance
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Fannie Mae to penalize homeowners who walk awayJun 22, 2010 11:00 pm - WASHINGTON -- Government-sponsored mortgage purchaser Fannie Mae is trying to encourage distressed homeowners to find alternatives to foreclosure by banning those who wa...
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More who sought mortgage help in danger of losing homesJun 20, 2010 11:00 pm - WASHINGTON -- The Obama administration's flagship effort to help people in danger of losing their homes is falling flat. More than a third of the 1.24 million borrowers ...
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Freddie Mac: Mortgage rates up from yearly lowJun 16, 2010 11:00 pm - NEW YORK -- Rates on 30-year fixed mortgages backed off from yearly lows this week, but still remain historically cheap. Mortgage finance company Freddie Mac says the av...
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Fannie Mae, Freddie Mac to delist shares from NYSE
Jun 15, 2010 11:00 pm - NEW YORK -- Government-sponsored mortgage purchasers Fannie Mae and Freddie Mac plan to delist their shares from the New York Stock Exchange after their stocks had troub...
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BP shares steady despite downgradeJun 14, 2010 11:00 pm - LONDON -- An influential ratings agency downgraded BP on Tuesday because of worries about the continuing Gulf of Mexico spill, but the oil company's shares steadied foll...
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Biggert among 3 from Illinois named to financial regulation panelJun 09, 2010 11:00 pm - U.S. House leaders named 20 Democrats and 10 Republicans, including 13th Congressional District Representative Judy Biggert, to work with senators on a panel designed t...
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SEC puts in new 'circuit breaker' rules to prevent 'flash crashes'Jun 09, 2010 11:00 pm - WASHINGTON -- Federal regulators on Thursday put in place new rules aimed at preventing a repeat of last month's harrowing "flash crash" in the stock market. Members of ...
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Banks cut emergency borrowing from Fed
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Dismal outlook for teen summer jobs throughout the suburbsMay 22, 2010 11:00 pm - High school and college students who have not yet landed a summer job may find themselves low on cash and out of luck. Many suburban businesses and career counselors say...
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WaMu, FDIC should end bankruptcy dispute by May 21May 18, 2010 11:00 pm - Washington Mutual Inc. and the Federal Deposit Insurance Corp. should end their dispute over the biggest U.S. bank failure by May 21, lawyers for both groups told a bank...