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Ohio Mortgage Loans News

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U.S. thrifts lost $4 billion in the third quarter as they set aside $7.9 billion to cover losses from bad mortgages and other loans, their government regulator said Thursday. Thrift institutions have been at the center of the U.S. housing crisis, and ...

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US thrifts swing to $4B loss in 3Q - Akron Beacon Journal

Citigroup Inc. shares tumbled below $5 a share Thursday for the first time in 15 years, a sign that a Saudi prince's decision to boost his stake in the bank failed to galvanize confidence among increasingly anxious investors. Prince Alwaleed bin ...

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Citi shares sink despite Saudi prince's investment - Akron Beacon Journal

The payday loan industry - stung at the Ohio ballot box with a strict new law - is looking for other ways to do business, prompting consumer advocates to worry that lenders are finding a way around the election results. Lenders are focusing more on ...

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Defeated in Ohio, payday lenders look for options - Bradenton Herald

As expected, some in the so-called payday loan industry have announced they will close a combined 79 stores in Ohio after the passage of a state ballot issue that meant payday loan interest rates were capped at 28 percent. But several lenders ...

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New payday loan products are reaction to vote; 79 Ohio sites to close - Toledo Blade

By Chad Terhune and Robert Berner As if they haven't done enough damage. Thousands of subprime mortgage lenders and brokers—many of them the very sorts of firms that helped create the current financial crisis—are going strong. Their new strategy ...

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FHA-Backed Loans: The New Subprime - BusinessWeek

Wells Fargo, the nation's largest home lender, says a new Treasury Department program will allow it to help at-risk homeowners more quickly. In fact, Wells Fargo's West Des Moines-based home loan division helped create the program, designed to ...

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Plan will alter home loans swiftly - Des Moines Register

Mortgage foreclosure filings in Ohio fell nearly 30 percent in October compared to a year ago, but shot up more than 5 percent between September and October of this year. Despite the drop, however, Ohio remained in the top 10 states in foreclosure ...

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Ohio foreclosures down compared to last year - Dayton Daily News

WASHINGTON (AP) - Some of the nation's largest banks sharing in the $700 billion government bailout of the financial industry tried to assure lawmakers Thursday they are using the money to make more loans and help financially strapped homeowners ...

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Banks say they're using bailout money for loans - WTOP Radio

WASHINGTON (AP) -- Some of the nation's largest banks sharing in the $700 billion government bailout of the financial industry tried to assure lawmakers Thursday they are using the money to make more loans and help financially strapped homeowners ...

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Banks using bailout money for loans - Dubuque Telegraph Herald

Laura Davis started falling behind on her home loan payments about a year ago, so she turned to her mortgage company for help. Davis, 41, wanted to work out a plan that would allow her to continue paying off her mortgage so she and her two children ...

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