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Second Mortgage Loans After Bankruptcy Newssecond mortgage loans after bankruptcyThe 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 ... Read moreThe Next Subprime Crisis Looms - Der SpiegelThe Glenbrook Square Mall property was assessed by Allen County at $185 million. The mall’s owner, General Growth Properties, is fighting the assessment. Shoppers continue to pack the parking lots and crowd the corridors of Fort Wayne’s Glenbrook ... Read moreGlenbrook owner warns of bankruptcy - Evening StarThe Sacramento-area housing market did it again. Thanks to continually falling prices and a large supply of bank repos, sales held strong in October. That makes it a seventh month in which sales in the region have been stronger than the same time ... Read moreNovember 2008 (25) - Sacramento BeeBy 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 ... Read moreFHA-Backed Loans: The New Subprime - BusinessWeekWells 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 ... Read morePlan will alter home loans swiftly - Des Moines RegisterWilmingtonians found themselves at the corner of Wall and Main this week. A prominent business in Leland was working its way through Chapter 11 bankruptcy protection, the planned closing of another Wilmington car lot came to pass, and two large ... Read moreWilmington businesses hit hard by economic downturn - Star News OnlineNov. 13 (Bloomberg) -- U.S. Treasury Secretary Henry Paulson urged Congress to come up with money to rescue U.S. automakers from the brink of bankruptcy, saying his $700 billion financial rescue plan isn't intended for manufacturers. ``The intent of ... Read morePaulson Urges Congress to Approve Automaker Funding (Update3) - BloombergCEO Robert Nardelli, left, and CEO Alan Mulally of the once proud Chrysler and Ford sit grim as they are mocked by Senators while pleading for a 3 percent cut of the bailout bill. The use private jets by GM, Ford, and Chrysler's executives proved ... Read moreAuto Senators Mock Auto Execs Use of Private Jets; Bailout Stalled in ... - DailyTechAfter weighing carefully, the U.S. administration has moved to change the course on how to use the 700 billion U.S. dollars rescue plan more efficiently. The administration has decided to scrap what had originally been the centerpiece of the program ... Read moreU.S. shifts course on $700 bln rescue plan - People's Daily OnlineWASHINGTON, Nov. 14 (Xinhua) -- After weighing carefully, the U.S. administration has moved to change the course on how to use the 700 billion U.S. dollars rescue plan more efficiently. The administration has decided to scrap what had originally been ... Read more |
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