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Kentucky Mortgage Loans News

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WASHINGTON -- Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. The two companies said Thursday that they will halt foreclosure sales between Nov. 26 and Jan. 9 ...

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Fannie Mae, Freddie Mac halting foreclosures - Lexington Herald-Leader

NEW YORK -- Citigroup Inc. shares extended their precipitous slide Friday, after an initial lift from a report that said the banking giant was considering a sale to rebuild investor confidence. The New York-based bank is scheduled to hold a board ...

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Citigroup stock slides below $4 a share - Lexington Herald-Leader

(page 2 of 5) Similarly worrisome stories are playing out around the country. In Tucson, First Magnus Financial specialized in risky "Alt-A" mortgages, which didn't require borrowers to verify their income. State and federal regulators cited the ...

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FHA-Backed Loans: The New Subprime - BusinessWeek

The two-bedroom Cape Cod was a borderline "fixr-uppr" with a leaky porch, threadbare carpets, cracked ceilings, garish pink tile and a 16 percent mortgage. (Thank you, Jimmy Carter.) But we loved it. No home is like your first one. There's such a ...

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Kentucky town offers no-sweat equity - but take a class - Zanesville Times Recorder

Another payday lender is shutting down some of its Ohio shops in the wake of the industry’s defeat at the polls in the November election. Cleveland, Tenn.-based Check Into Cash said it will close 32 of its 92 Ohio stores within the first two weeks ...

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Check Into Cash closing 32 Ohio stores - Business Courier

The same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more. As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers -- many of them ...

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The Next Subprime Crisis Looms - Der Spiegel

Summer drought along with untimely drenching rain and high winds during the fall left most area farmers with a stunted harvest for 2008, but growers are optimistic that Mother Nature will come through in 2009. Airport Road farmer Danny Cunningham ...

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2008 was stressful year for local, state farmers - Murray Ledger & Times

Fifty years ago, 60 percent of the cars sold in the U.S. were made by General Motors. Today, that number is less than 30 percent, and it declines each month. A generation ago, our parents eagerly awaited local dealers unveiling the latest American ...

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Domestic auto industry must be saved - Evansville Courier-Press

What a tangled web we weave once we practice to relieve. In October, the $700 billion TARP -- the Troubled Asset Relief Program -- was rammed through a panic-stricken Congress. The program, which has had more makeovers in a month than Madonna has had ...

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Jeffrey Scharf, Everybody's Business: Oh, the tangled web we weave - Santa Cruz Sentinel

Despite tough times, John R. Hall of Lexington, who headed the Ashland Oil Company when it was the state's largest industrial employer, is still bullish on our future. In Hall's 16-year tenure as Ashland's chief executive officer the company evolved ...

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