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Hypo Real Estate shareholders face squeeze-out |
10-06-09 |
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| FRANKFURT (AP) — Shareholders of troubled German lender Hypo Real Estate AG were meeting Monday amid an attempt by the German government, which owns the majority of the company, to buy out re... |
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Mortgages rates dip below 5 percent |
10-05-09 |
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| Rates on 30-year home loans dropped below 5 percent for the first time in four months, but still remained above this year's record low, Freddie Mac said Thursday.
The average rate on a 30-year fix... |
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Banks trim use of emergency Fed programs |
10-05-09 |
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| WASHINGTON (AP) — Banks reduced their borrowing from the Federal Reserve's emergency lending facility over the past week, and cut back on their use of other programs designed to ease the fina... |
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Construction spending rises unexpectedly in August |
10-05-09 |
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| WASHINGTON (AP) — Construction spending rose unexpectedly in August on the biggest jump in housing activity in nearly 16 years, another sign the housing sector is mounting a recovery.
The Co... |
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Homeowners in financial trouble often redefault |
10-05-09 |
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| WASHINGTON (AP) — Lenders are ramping up efforts to avoid home foreclosures, but a report by bank regulators says more than half of borrowers who get help fall behind again.
More than 50 per... |
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Report: 1 in 3 loan applications denied |
10-05-09 |
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| WASHINGTON (AP) — Nearly one in three borrowers who applied for a mortgage last year was denied as lenders kept their standards tight as the mortgage crisis accelerated, the government report... |
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Bipartisan push to stop real estate fraud |
10-05-09 |
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| WASHINGTON (AP) — A bipartisan push is under way in the Senate to spend more money to stop mortgage scams.
Sens. Charles Schumer, a Democrat, and Jon Kyl, a Republican, proposed legislation ... |
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Zap! Pow! Home decor gets a pop art punch |
09-29-09 |
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| Texan collector and decorator Andrea Reed grew up in a home filled with Pop Art, but it was the film "Tommy" that really made a lasting impression.
In particular, a scene where Tommy's m... |
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Index shows home prices rose for 3rd month in July |
09-29-09 |
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| Home prices rose for the third month in a row in July, new data Tuesday showed, more proof a fragile housing recover is underway.
The Standard & Poor's/Case-Shiller home price index of 20 majo... |
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Fisher: Fed will need to boost rates quickly |
09-29-09 |
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| WASHINGTON (AP) — To prevent inflation from taking off, the Federal Reserve will need to start boosting interest rates quickly and aggressively once the economy is back on firmer footing, a F... |
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$8,000 Tax Credit for First Time Homebuyers
