Finance
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Mortgage volume increases 7.6 percent last weekJul 20, 2010 11:00 pm - NEW YORK -- Applications for home loans rose last week as rates on 30-year and 15-year fixed-rate loans sank to the lowest levels on the survey's record. The Mortgage Ba...
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More than 40% leave Obama mortgage-aid programJul 19, 2010 11:00 pm - WASHINGTON -- The number of people dropping out of the Obama administration's program main program to help those at risk of losing their homes outstripped those who rece...
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Banks eye higher fees to boost declining revenueJul 16, 2010 11:00 pm - NEW YORK -- Big banks facing big drops in revenue are looking to Main Street to make up the difference. Checking accounts, bank statements, even popping into your local...
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Goldman paying $550 mil. to settle civil fraud chargesJul 15, 2010 11:00 pm - WASHINGTON -- Resolving a high-profile government case linked to the mortgage meltdown, Goldman Sachs & Co. has agreed to pay a record $550 million to settle civil fraud...
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BP asset buyers may face suits as it attempts to raise moneyJul 15, 2010 11:00 pm - BP Plc may saddle potential buyers of its assets with lawsuits as Europe's second-biggest oil company tries to raise money to pay claims that may reach $100 billion from...
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Schwab 2Q earnings flat, beat expectationsJul 15, 2010 11:00 pm - SAN FRANCISCO -- Retail brokerage Charles Schwab Corp. says its second-quarter earnings were steady compared with a year ago on almost flat revenue. But Chairman Charles...
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Congress acts, but bank bill has work aheadJul 15, 2010 11:00 pm - WASHINGTON -- In the end, it's only a beginning. The far-reaching new banking and consumer protection bill awaiting President Barack Obama's signature now shifts from th...
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Euro pushes above $1.28 for first time in 2 monthsJul 14, 2010 11:00 pm - LONDON -- The euro moved above $1.28 for the first time in over two months Thursday as the dollar was weighed down by renewed concerns about the U.S. economic outlook. B...
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JPMorgan earns $4.8 billion in 2nd quarterJul 14, 2010 11:00 pm - NEW YORK -- JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from failed loans helped offset a ...
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Mortgage rates remain at lowest level in decadesJul 14, 2010 11:00 pm - WASHINGTON -- Mortgage rates were unchanged this week at the lowest point in decades, but it hasn't been enough to jump-start the housing market. Government-sponsored mo...