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ARMONK, NY--(Marketwire - November 21, 2008) - IBM ( NYSE : IBM ) today announced a multi-year, exclusive contract with Tree.com, Inc.'s ( NASDAQ : TREE ) LendingTree Loans(SM), the company's consumer direct online mortgage lender, to provide ...

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LendingTree Loans Selects IBM for Loan Fulfillment Services - Market Wire

Bank of America Corp. is raising its stake in China Construction Bank Corp. by more than $7 billion, displaying confidence in the slowing Chinese economy and showing that it isn't hunkering down as it absorbs California mortgage lender Countrywide ...

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BofA, in CCB Play, Stays Course - Wall Street Journal

NEW YORK -(Dow Jones)- Thornburg Mortgage Inc. (TMA), entangled in protracted negotiations with its bank creditors, said early Wednesday it defaulted on a $ 12.2 million interest payment. In a swift response, Standard & Poor's cut the struggling ...

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Thornburg Defaults On Interest Payment; S&P Cuts Rating To D - CNN Money

With more than 4 million homeowners behind on their mortgage payments, the government and major banks are scrambling to help at-risk borrowers avoid foreclosure. What exactly have they done -- and can they do more? For one thing, the government and ...

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Mortgage Assistance 101 - Courier-Post

A new survey from First American CoreLogic, a real estate data company, has concluded that nearly a quarter of all homes with mortgages are worth less than what is owed on the loans. According to the data, which were first reported in the New York ...

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Commentary: Fewer and fewer options as housing crisis deepens - Madera Tribune

The Federal Deposit Insurance Corp. approved CapitalSource Inc. ’s application to convert CapitalSource Bank to a state-chartered commercial bank in California. CapitalSource Bank -- the subsidiary the Chevy Chase-based commercial lender ...

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FDIC OKs CapitalSource commercial bank application - Washington Business Journal

With more than 4 million homeowners behind on their mortgage payments, the government and major banks are scrambling to help at-risk borrowers avoid foreclosure. What exactly have they done — and can they do more? For one thing, the government and ...

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Meltdown 101: Mortgage help from banks, government - Pottstown Mercury

SYDNEY, Nov 18 (Reuters) - Macquarie Group, Australia's biggest investment bank, became the latest regional lender to announce a sharp fall in profits, but relief as it said it would not tap investors for more cash sent its shares soaring. While most ...

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Macquarie profits fall sharply, other banks cut jobs - Guardian Unlimited

Economists may debate whether or not the economy is technically in a recession, but Main Street doesn't share that ambivalence. Things are bad. They could get a lot worse. So how did we get here? Much of our current difficulty is obviously tied to ...

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Voice of the Day - News-Leader.com

Bank of America Corp. is raising its stake in China Construction Bank Corp. to 19.1% from 10.75%, a sign of confidence in the slowing Chinese economy and a signal the Charlotte, N.C., bank isn't hunkering down even as it absorbs California mortgage ...

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