WASHINGTON - Democratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures and urged other lenders to follow suit. The lawmakers aim to attach the plan to ...
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Trust One forecloses on 34 Chamberlain & McCreery lots Homebuilders look back at year of 'carnage' Partners buy Richwell Furniture Gallery building, to lease part of space to additional tenants Grant & Co. building divisions still working on projects ...
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and revises the Rating Outlooks on the following classes: --$22.2 million class E to 'BBB+' from 'A-'; Outlook Negative; --$28.5 million class F to 'BBB' from 'BBB+'; Outlook Negative; --$25.3 million class G to 'BBB-' from 'BBB'; Outlook Negative ...
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WASHINGTON - Less than a month after its first report, a congressional panel overseeing the Treasury Department's $700 billion financial bailout is demanding more answers. WASHINGTON (Reuters) - Financial giant Citigroup Inc will support a proposal ...
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SINGAPORE -Oil prices rose to above $42 a barrel Friday in Asia as traders speculated that a second front is opening in Israel's Gaza offensive, but analysts said gains would likely be limited by continuing weakness in demand for crude. Light, sweet ...
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Long-term home-mortgage rates dropped again this week, with the 30-year fixed-rate mortgage hitting a fourth consecutive low in the history of Freddie Mac's weekly survey. The 30-year mortgage averaged 5.01% for the week ended Jan. 8, down from last ...
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A similar proposal failed to win approval last year amid stiff opposition from Republicans and some Democrats, as well as banking and housing industry lobbyists because of the possible impact on future borrowers. However, with a recession under way ...
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