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A collection of news and information related to Mortgages published by Tribune Company sources.
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UK announces 50 billion pounds plan to take stakes in banks in bid to restore stability
AP Business WriterLONDON (AP) _ The British government announced a 50 billion pounds ($87.5 billion) plan on Wednesday to partly nationalize major banks, with taxpayers taking stakes in a bid to shore up a financial sector hard hit by the world financial crisis. Prime...Tags: Transportation, Real Estate Buyers, Lloyds TSB Group Plc, Gordon Brown, Abbey National Plc
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McCain proposes $300 billion plan to buy up bad mortgages to protect homeowners
Associated Press WriterWASHINGTON (AP) _ John McCain's proposal to buy up bad home mortgages would use nearly half the $700 billion from the recent Wall Street bailout package to assist Americans directly, instead of indirectly by rescuing the nation's financial markets. The...Tags: Barack Obama, Freddie Mac, Fannie Mae, National Government, Government
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Viewpoint: Wall Street mess? Blame Cindy Crawford
The collapse of Wall Street and the freeze of credit markets can be traced to one unlikely culprit: Cindy Crawford. I'm sure she didn't mean to cripple the economy. Most supermodels avoid meddling in global monetary markets, and it's unlikely that...Tags: Real Estate Agents, Cindy Crawford, Real Estate Buyers, The White House, Carl Hiaasen
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Bailout not enough
It's official! The bank bailout has not worked. Global stock prices are in a panic rush to the bottom. The bailout cannot fulfill its primary mission to restore investor confidence, because it does only half the job. It will provide banks with much-...Tags: Prices, Barack Obama, Retirement, The White House, Nancy Pelosi
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AIG execs lived it up
Of The Associated PressLess than a week after the federal government had to bail out American International Group Inc., the company sent executives on a $440,000 retreat to a posh California resort, lawmakers investigating the company's meltdown said Tuesday. The tab...Tags: Government Health Care, Personal Service, Henry Waxman, American International Group, Accounting and Auditing
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Barbs fly over economic mess during presidential debate
The Associated PressBarack Obama and John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years Tuesday night in a debate in which Republican McCain called for a sweeping $300 billion program to shield homeowners from mortgage...Tags: Government Health Care, Barack Obama, Freddie Mac, Economic Policy, Fannie Mae
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Families struggle to keep a roof over their heads
The financial squeeze on Americans got tighter over the last decade as housing expenses — everything from mortgage payments and rent, to utilities and insurance — far outpaced the growth in incomes, a new study shows. Overall, yearly...Tags: Prices, Land Price, Housing and Urban Planning, Interior Policy, New York University
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A lame rap aimed at poor folks
In the storm over who is to blame for Wall Street's financial meltdown, guess who's getting the biggest bum rap? Poor folks. In a desperate attempt to deflect blame from deregulation and other policy ideas they favor, conservatives are pointing their...Tags: Barack Obama, Ann Coulter, Real Estate Buyers, Loans, Freddie Mac
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McCain, Obama clash on cause, cure for econ crisis
The Associated PressDemocrat Barack Obama and Republican John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years and the Iraq war Tuesday night in their critical second presidential debate. Both candidates shied away from the...Tags: Stock Activities, The White House, National Government, Stocks, Interior Policy
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Feds rise to salvage foreclosed homes
Sentinel Staff WriterOrange County government will buy and fix up as many as 200 foreclosed homes in the next year, and sell them to moderate- and low-income buyers to help clean up neighborhoods worst hit by the mortgage meltdown. A $28 million federal housing grant will...Tags: Loans, Waterford, Financial and Business Services, College Park, Pine Hills
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Re-regulation
I am disturbed by the continuing call for increased deregulation that has been a plank of the Republican Party for many years now. This great experiment in government we call the United States of America is built at its heart on a very simple...Tags: Gloucester Point, Constitutional Issues, United States of America, Gloucester (Gloucester, Virginia), National Government
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Economy takes center stage at McCain-Obama debate
NASHVILLE, Tenn. - Barack Obama and John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years last night in a debate in which Republican McCain called for a sweeping $300 billion program to shield homeowners from...Tags: Barack Obama, Freddie Mac, Economic Policy, Fannie Mae, U.S. Department of Treasury
Oct 8, 2008
|Story| Associated Press
Oct 8, 2008
|Story| Associated Press
Oct 8, 2008
|Story| Baltimore Sun
Oct 8, 2008
|Story| Baltimore Sun
Oct 8, 2008
|Story| Allentown Morning Call
Oct 8, 2008
|Story| Orlando Sentinel
Oct 8, 2008
|Story| Hampton Roads Daily Press
Oct 8, 2008
|Column| Chicago Tribune
Oct 7, 2008
|Story| Associated Press
Oct 8, 2008
|Story| Orlando Sentinel
Oct 8, 2008
|Story| Hampton Roads Daily Press
Oct 8, 2008
|Story| Newsday
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