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New York Mortgage News

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(Reuters) - Citigroup Inc is leading other lenders in advanced talks with key U.S. senators on legislation that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court, the Wall Street Journal ...

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Citigroup, U.S. senators in mortgage legislation talks: report - Reuters

NEW YORK (CNNMoney.com) -- The Federal Deposit Insurance Corp. on Friday was trying to work out a deal to sell failed mortgage lender IndyMac to a group of private investors. The FDIC had hoped to close the deal by the new year. One apparent hang up ...

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Fannie claim delays IndyMac deal - CNN Money

Jan 9 (Reuters) - Citigroup Inc is leading other lenders in advanced talks with key U.S. senators on legislation that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court, the Wall Street ...

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Citigroup, US senators in mortgage legislation talks-WSJ - FXStreet.com

Bankrate: Mortgage Rates Fall Again New York Times (NYT) Files Mixed Securities Shelf Unusual 11 Mid-Day Movers 12/26: Jones Apparel (JNY) Up On Amended Credit Facility; GM (GM) Up On GMAC Bank Holding News Notable Mergers and Acquisitions of the Day ...

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Bankrate: Mortgage Rates Fall Again - StreetInsider.com

NEW YORK (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages dropped for a ninth consecutive week, reaching their lowest level in 37 years, according to a survey released on Wednesday by home funding company Freddie Mac. Interest rates on ...

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Mortgage rates drop to 37-year low - CNBC

WASHINGTON (Reuters) - U.S. weekly jobless claims plummeted last week but the improvement was probably a seasonal quirk rather than a turning point for the recession-ravaged labor market. Separate reports on Wednesday on business activity in New York ...

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Jobless claims dive while mortgage rates ease again - Portland Tribune

Back in 1995, when a savvy buyer could get New York City real estate for a song and Alphabet City was still a frontier, Karl Peterson bought the second floor of 434 E. 10th St. between avenues C and D . . . for $127,000. More than a decade later ...

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PLAN B: RENT - New York Post

NEW YORK - While problems in banks' mortgage portfolios had surfaced some time before, 2008 was the year in which a landslide of deteriorating credit and concerns over capital took down industry stalwarts such as Washington Mutual Inc. and Wachovia ...

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Housing, credits crises slammed bank stocks - Reading Eagle

NEW YORK -- The financing arm of General Motors completed a complicated debt deal that fell short of the goal it set for the amount of fresh capital needed to help the auto loan company ride out a historic collapse in auto sales. The results of the ...

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GM's financing arm makes debt deal to raise capital - Miami Herald

NEW YORK (CNNMoney.com) -- The real estate market is so awful that buyers are now scooping up homes for as little as $1,000. There are 18 listings in Flint, Mich., for under $3,000, according to Realtor.com. There are 22 in Indianapolis, 46 in ...

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