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WASHINGTON - Rates on 30-year mortgages fell to a record level for a fourth straight week, dropping to the lowest mark since Freddie Mac started tracking nearly 38 years ago. Rates have been falling since late November, when the Federal Reserve ...

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Article published Friday, January, 2009 - Toledo Blade

If you want a sign the financial world is changing fast, look no farther than Thursday's announcement that Citigroup would back legislation allowing judges to modify mortgage terms in bankruptcy. The bill, championed for more than a year by Sen ...

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Posted by: Theo Francis on January 08 - BusinessWeek

Jan. 7 (Bloomberg) -- The U.S. Securities and Exchange Commission opened a new investigation into whether Pequot Capital Management Inc., the hedge fund run by Arthur Samberg , illegally profited from inside information on Microsoft Corp. in 2001 ...

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Pequot Said to Face New Insider-Trading Probe of Microsoft Bets - Bloomberg

A salute to readers who called mortgage brokers, then took advantage of the bargain residential loan rates mentioned in my mid-December column. Last week, I completed the refinancing of a 30-year loan, which locked in a 5 percent rate. Leaving behind ...

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Lessons Learned: Mortgage refi paid off - Lincoln Journal Star

NEW YORK, Jan 9 (Reuters) - An industry group on Friday said it approved a proposal aimed at boosting trade and prices in a key part of the $4.5 trillion market for guaranteed mortgage-backed securities. The plan from dealers and the Securities ...

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UPDATE 1-US mortgage bond market liquidity measure approved - Reuters

NEW YORK : Treasury prices rose Friday, sending yields lower, after the government reported a big jump in the unemployment rate. When economic readings are poor, safe government debt becomes a more attractive investment. The Labor Department reported ...

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Treasurys rise after jump in unemployment rate - International Herald Tribune

Major scheduled events during the week beginning Jan. 11, 2009. Note that many events, especially court appearances, are subject to change at the last minute. The following economic reports will be issued in Washington (all times EDT): MONDAY: Weekly ...

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Should Roland Burris be seated as a Senator from Illinois? - Town Hall

The holidays can be slow in the mortgage business as consumers take a break to celebrate. But at Gary Akright's Addison mortgage office, the phone is ringing off the wall. The lowest loan interest rates in more than a generation have prompted ...

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As mortgage rates slide, refinancing applications take off - Dallas Morning News

WASHINGTON, Jan 9 (Reuters) - A senior Democrat proposed legislation on Friday to tighten the rules of the government's $700-billion financial bailout program and channel a large portion of it to home foreclosure prevention. With Congress growing ...

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UPDATE 2-US Rep Frank proposes TARP bailout rules crackdown - FXStreet.com

We have reached this point in America. Once, we rounded $9.99 up to $10. Now, we round $775 billion up to $1 trillion. So rather than talk about the two-year, $775 billion stimulus package that Barack Obama laid out yesterday, we call it the $1 ...

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