Highlights
A collection of news and information related to Mortgages published by Tribune Company sources.
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Analysts: GM would need cash to acquire Chrysler, and it may take too long to see cost savings
AP Auto WriterDETROIT (AP) _ For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, according to industry analysts. With both automakers struggling to survive amid slumping...Tags: Heavy Engineering, Mergers, Acquisitions and Takeovers, New York Times, Corporate Performance, Ford Motor Co.
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Fact Check: Camps highlight foes' old associates
Associated Press WriterScraping for any advantage in the presidential campaign's waning days, John McCain and Barack Obama are introducing voters to a new cast of characters. McCain would like people to know about a former 1960s radical and a corrupt government insider --...Tags: Freddie Mac, Internal Revenue Service, Fannie Mae, Chicago Mortgages, New York Times
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Credit crisis fixes: Six ideas here
The Swampby William Neikirk A major economic stimulus package, including funds to rebuild the nation's infrastructure, is shaping up as one of the top ideas for responding to the worst financial crisis since the 1930s. Asked to name key measures that......Tags: Heads of State, Chicago Mortgages, Government, Public Finance, Central Bank
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Mortgage trouble sparks scheme
The Maryland Department of Labor, Licensing and Regulation is warning consumers and mortgage companies to beware of a new type of business purporting to offer "loss mitigation consulting," "foreclosure prevention" and similar services. Many of the...Tags: Financial and Business Services, Labor Legislation, Consumers
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Don't be caught off-guard with a mortgage that doesn't include taxes
Homeowners are accustomed to mortgage payments that include taxes and insurance. Every month you pay 1/12 of the annual tab (give or take), and the lender socks it away into an escrow account for when the bills come due. But a lot of the subprime loans...Tags: State Budgets, Financial and Business Services
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When friends buy a home together
My daughter bought a condo with a friend. She put down $40,000 and her friend put down $20,000. They are both on the title to the home, but only my daughter is on the mortgage. How much of the property would her friend be entitled to if she wants out of...Tags: Chicago Mortgages, Property, Homes
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Ulman moves to speed up project review process
Because development is big business in Howard County and generates tax revenue, elected officials pay attention when the industry is hurting. After complaints from builders about how long it takes to get projects through the county review process, County...Tags: Parliament, Elijah E Cummings, Election Day, Real Estate Buyers, Public Finance
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Bush, other nations pledge unity in financial crisis
Associated PressPresident Bush and financial leaders from nations rich and poor pledged yesterday to intensify their efforts to unblock a frozen financial system before it does more damage to an increasingly shaky global economy. While there were no concrete offers of...Tags: Heads of State, Angela Merkel, Government, European Union, Stock Market
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Law official put on leave
Flagler County authorities say a sheriff's investigator has been placed on paid administrative leave while officials investigate a burglary complaint. Matt Koenig's private mortgage lender thinks the investigator burglarized his former home last week... -
Deputy on leave during investigation
Flagler County authorities say a sheriff's investigator has been placed on paid administrative leave while officials investigate a burglary complaint. Matt Koenig's private mortgage lender says he thinks the sheriff's investigator burglarized his former... -
Financial troubles spread to credit unions
Los Angeles Times Staff WriterIt's not just giant banks on the brink these days: Losses are clobbering nonprofit credit unions that have strayed from their conservative heritage or whose members have been pulled into economic downdrafts. With rising unemployment compounding the...Tags: Loans, Employees, Credit and Debt, Government, National Government
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Meltdown not over: 'Financial weapons of mass destruction' have yet to go off
Sentinel ColumnistSo who is to blame for the Great Recession? Is it the Democrats, the Republicans, the greed merchants of Wall Street? Here is a condensed version of events to help you decide. And by condensed I mean I have reduced Einstein's Theory of Relativity to Dr....Tags: Loans, Credit and Debt, New York Times, Security, Government
Oct 12, 2008
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|Blog| Chicago Tribune
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|Story| South Florida Sun-Sentinel
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|Story| Orlando Sentinel
Oct 12, 2008
|Story| Los Angeles Times
Oct 12, 2008
|Column| Orlando Sentinel
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